Hunger and Malnutrition | Water and Sanitation | Workshops, Seminars on Development

Nov. 23, 2009 - PRLog -- The global food crisis may have dropped out of the headlines but price rises and the factors that created them are still very much with us today.

This is very much a man-made crisis – the result of the free market policies adopted by choice or compulsion in almost all countries. These policies have led them to either neglect agriculture or allow shifts in prices to determine the viability of farming.

Growers in developing countries have been ravaged by a combination of competition from highly subsidised imports from developed countries, the removal of price protection schemes and reduced access to credit. Meanwhile, neoliberalism has also created greater possibilities for financial speculators.

The most immediate symptom of the food crisis has been the volatility of prices. Wheat prices, for example, increased by 46 percent between January and February last year, fell back again by May, increased again until early June and have dropped again since then.





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