Economics @ ITT

How Not to “Feed the World”

Posted in economics by ittecon on October 11, 2012

Two thirds of agricultural land deals by foreign investors are in countries with a serious hunger problem. Yet perversely, precious little of this land is being used to feed people in those countries, or going into local markets where it is desperately needed. Instead, the land is either being left idle, as speculators wait for its value to increase and then sell it at a profit, or it is predominantly used to grow crops for export, often for use as biofuels.

via How Not to “Feed the World” | Mother Jones.

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