I came across this youtube video on the global food crisis and I wanted to share this with everyone. Global 3000 is a German broadcasting company, which promotes different views on important issues going on in the world today with its aim in “fostering an exchange between cultures and people”.
I found this video considerably helpful in understanding what a global food crisis actually is and the main causes of this issue. In this short video clip,Global 3000 has interviewed 2 young innovative thinkers who have committed themselves to working towards a brighter future for the world. They are able to share their expert points of views on the global food crisis and create awareness of this pressing issue in the world.
One of the young leaders interviewed is Leslie Maasdorp, a financial expert for Barclays Capital in South Africa who states that the global food crisis “is not so much food scarcity, but the high prices of food and its increasing demand“.
June 16, 2009 at 9:44 am
Is there any way that the high prices of food related to inflation?
June 16, 2009 at 10:38 am
Hi Jennifer,
It is true, the rise in prices are related to inflation. But given the current economic recession, the rise in food prices have significantly increased by 60 percent over the last year. Because of this higher than usual increase in food prices, developing nations already suffering from the global food crisis are affected the most. The rise in prices cause the global food crisis to further burden developing nations, making food inaccessible. Therefore, the relationship between inflation, high food prices, the financial crisis and the global food crisis are interlinked with each other causing a ripple effect.
June 18, 2009 at 10:00 pm
High prices and scarcity must come from one place, no? Seems like it’s basic supply/demand, but of course I’m sure there are other, more complicated issues at hand.