Globalization worsens food price shocks for importers – researchers – TRFN

Customers select vegetables at a supermarket in FuyangBy Chris Arsenault ROME (Thomson Reuters Foundation) – The chances of shock food price rises in import-dependent states are rising as the world's population grows and nations become more reliant on global markets, researchers said in a study published on Tuesday. Countries dependent on food imports, and states where rising populations are putting pressure on scarce land and water resources, are the most susceptible to sudden jumps in food prices, the author of the University of Virginia study said. "The world's food system is less resilient because of globalization," Paolo D'Odorico, an environmental sciences professor who co-wrote the study, told the Thomson Reuters Foundation. A flood, drought or political unrest in one country can affect the food security of another elsewhere in the world, he said, citing grain export bans imposed by Russia in 2010 because of a drought and the need to protect domestic consumers.


Related Posts

  • Financial speculation on food hurting world’s hungry: U.N8 June, 2015 Financial speculation on food hurting world’s hungry: U.N By Chris Arsenault ROME (Thomson Reuters Foundation) - Food has increasingly become a target for opportunist investors looking for easy profit, hurting the world's poor and fuelling instability, a senior U.N. agricultural official said on Monday. Specu...
  • Boy Scouts say Donald Trump's claim their leader phoned him to praise speech is untrue2 August, 2017 Boy Scouts say Donald Trump's claim their leader phoned him to praise speech is untrue Donald Trump’s claim that the leader of The Boy Scouts of America phoned him to compliment him on this controversial recent speech to thousands of its members, has been contradicted by the organisation. The US President was criticised for his overtly political address […]
  • A third of world’s aquifers are being sucked dry: NASA data17 June, 2015 A third of world’s aquifers are being sucked dry: NASA data By Chris Arsenault ROME (Thomson Reuters Foundation) - Human water use is sucking dry around a third of the world's largest underground water basins at an alarming rate, with potentially risky consequences for farmers and other consumers, researchers s...
  • Katherine The Great White Shark Has Been Spotted Again27 June, 2017 Katherine The Great White Shark Has Been Spotted Again Scientists saw the great white shark making its way off the coast of Virginia. The species isn’t out to attack humans on purpose — but may take a bite just to see how they rate as food.
  • Salvini seeks to fill Berlusconi boots on Italy’s right6 November, 2014 Salvini seeks to fill Berlusconi boots on Italy’s right Italy has a rising star: Matteo Salvini, head of the Euro-sceptic Northern League, is scoring high in the polls as he bids to fill the political vacuum on the right left by Silvio Berlusconi. As the country's 39-year old Prime Minister Matteo Renzi and his centre-left Democratic Party […]

Leave a Reply

Read the original at Middle East News Headlines - Yahoo! News.