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The world’s food problem is already severe as prices jump and protectionism flares, but there’s a good chance governments can stop it from getting worse if they heed a lesson from the crisis in 2008: don’t panic.
If nations do not panic or start hoarding, they can stop the current crisis from becoming a rerun of the one in 2008.
The world’s food problem is already severe as prices jump and protectionism flares but, a food security expert says there’s a good chance governments can stop it from getting way worse if they heed a lesson from the crisis in 2008: don’t panic.
Government-imposed trade shocks can supercharge commodity prices. . Read more at straitstimes.com.
New Delhi: Oxford University Press, 2019; pp xx + 295, ₹ 895. Oxford: Oxford University Press, 2019; pp xxiv + 577, price not indicated. Asia’s Journey to Prosperity: Policy, Market, and Technology Over 50 Years by Asian Development Bank, Manila: ADB, 2020 (ebook), http://dx.doi.org/10.22617/TCS190290. The transformation of Asia from its status as the most impoverished region to the growth locomotive of the world economy within five decades is unprecedented and nothing short of a miracle. The achievement seems all the more profound when juxtaposed with a very pessimistic outlook o...