Famished!? – Answers to the Global Food Crisis

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Organized by VIDC
Ausgehungert!? Was haben Spekulation auf Rohstoffe, „Landraub“ und Handelspolitik mit der Krise zu tun? Antworten auf die globale Nahrungsmittelkrise
Vienna – November 16th 2010
Speakers

Finance and Hunger: Speculation on Food and (Mis)Investment in Agriculture (Land Grabbing)

Trade and Hunger: Export Subsidies and Free Trade Agreements (EPAs)

Moderation

  • Elfriede Schachner, VIDC
Background In early 2008, prices for staple foods have increased dramatically: the price of wheat has increased in one year by 130%. Especially in poor countries in the global south, where people spend 50-70% of their income on food, this had catastrophic effects. Today, two years later, the reports of food riots in developing countries have largely vanished from the headlines. The hunger has remained. According to the UN Sub-Saharan Africa, extreme poverty increased by 8%, so price increases for food have ruined the success in reducing poverty  in the years 1990-2004.

Today the reports of food riots have largely vanished from the headlines. The hunger has remained.

The conference analyzes the structural causes of the food crisis. To what extent are financial speculations on food, misguided local agricultural policy and land grabbing involved in the tightening of the problem of global hunger? How does the trade policy of the North relate to the problems? Specifically, can Africa in general benefit from free trade agreements (EPAs)? Why have many developing countries that were food exporters in the 1970s, have become net importers of food in recent years?

Why have many developing countries have become net importers of food in recent years?

The participants of the event discuss possible solutions, proposals for reform and ways out of the food crisis.  What specific strategies are needed? What (new) challenges for development policy arise?

WeblinksThe Crisis’ and the Crises of Global Capitalism – Challenges for, and Alternatives from ‘The South’ – Dot Keet, Transnational Institute

Hunger and Poverty

World Bank – Food Crisis

Publications on Amazon

  • Views from the South: The Effects of Globalization and the WTO on Third World Countries

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