Apr 20
The World Bank has asked us to imagine living on $1.25 a day and spending 85 cents of that to feed our families. I have also read about estimates which state that nearly 1 billion people from around the world go to bed hungry every night. These are thought-provoking facts but the truth is that …
Feb 14
It’s not only poor subsistence farmers in developing countries who pay the price for agricultural subsidies—we all do. Literally. The subsidies paid to the agricultural industries in rich, Western countries are funded by we, the taxpayer. In the United States, this amounts to about $286 billion in taxes under the 2008-2012 Farm Bill, or approximately …
Feb 11
Following my previous blog discussing how rich-country agricultural subsidies hurt developing countries in Africa, this video provides a picture of the ways some African farmers are struggling to sustain themselves. While Subsidizing Poverty (Part One) discusses how rich-country subsides contribute to poverty through price depreciation, this video explains how subsidies implemented by poor countries actually …
Feb 08
The World Economic Forum is an independent international organization that encourages civil societies to collaborate with a view to improving the state of theworld. Every year, the Forum is held in Davos, Switzerland. This year’s team is “Shared Norm for a New Reality.” The Forum brings together top business leaders, international political leaders, selected intellectuals …
