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2009-07-30 | permalink
The G8, Obama, and food insecurity in Africa
The decline in agriculture in many African countries was due to the structural adjustment policies of the IMF and World Bank. The countries were asked or advised to dismantle marketing boards and guaranteed prices for farmers’ products; phase out or eliminate subsidies and support such as fertilizer, machines, agricultural infrastructure, and reduce tariffs of food products to very low levels. [...] The case of Ghana itself, which Obama chose for his first African visit, illustrates this. The policies of food self-sufficiency and government encouragement of the agriculture sector (through marketing, credit and subsidies for inputs) had assisted in an expansion of food production.
- Third World Network, Malaysia: The G8, Obama, and food insecurity in Africa
- Reuters, UK: G8 pledges $20 billion in farm aid to poor nations
- Bloomberg, USA: G-8 approves $20 billion plan to help poor farmers
- International Center for Trade and Sustainable Development, Switzerland: G8 pledges US $20 billion for food security
- The Seattle Times, USA: The business of giving
Overview
News
2009-07-30 | permalink
The G8, Obama, and food insecurity in Africa
The decline in agriculture in many African countries was due to the structural adjustment policies of the IMF and World Bank. The countries were asked or advised to dismantle marketing boards and guaranteed prices for farmers’ products; phase out or eliminate subsidies and support such as fertilizer, machines, agricultural infrastructure, and reduce tariffs of food products to very low levels. [...] The case of Ghana itself, which Obama chose for his first African visit, illustrates this. The policies of food self-sufficiency and government encouragement of the agriculture sector (through marketing, credit and subsidies for inputs) had assisted in an expansion of food production.
- Third World Network, Malaysia: The G8, Obama, and food insecurity in Africa
- Reuters, UK: G8 pledges $20 billion in farm aid to poor nations
- Bloomberg, USA: G-8 approves $20 billion plan to help poor farmers
- International Center for Trade and Sustainable Development, Switzerland: G8 pledges US $20 billion for food security
- The Seattle Times, USA: The business of giving
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