Thursday, November 19, 2009

How To Feed The World - The Economist

This week's edition of The Economist pays attention to the current food market.
The article calls for a better food market in which food security does not equate "food self-sufficiency" but rather means better global trade. This is not really in line with our own micro-level approach but it is a different perspective which we consider worth reading.

HOW TO FEED THE WORLD - Business As Usual Will Not Do It.

In 1974 Henry Kissinger, then America’s secretary of state, told the first world food conference in Rome that no child would go to bed hungry within ten years. Just over 35 years later, in the week of another United Nations food summit in Rome, 1 billion people will go to bed hungry.

This failure, already dreadful, may soon get worse. None of the underlying agricultural problems which produced a spike in food prices in 2007-08 and increased the number of hungry people has gone away. Between now and 2050 the world’s population will rise by a third, but demand for agricultural goods will rise by 70% and demand for meat will double. These increases are in a sense good news in that they are a result of rising wealth in poor and middle-income countries. But they will have to happen without farmers clearing large amounts of new land (there is some scope for expansion, but not much) or using up lots more water (in parts of the world, water supplies are stretched to their limit or beyond). Moreover, they will take place while farmers also wrestle with the consequences of climate change, which, on balance, will do more harm than good to farmland round the world.

>>Read the full article

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