free markets

Short-Term Crises, Long-Term Hope

Topics: Food, Agriculture
Photo: Karl Grobl for NetAid
Photo: Karl Grobl for NetAid

Rising global food prices pose a very real threat to political stability and individual well-being in many developing countries. Recent unrest in Haiti and Egypt indicate an increasingly widespread trend — in fact, the World Bank has identified 33 countries at risk of public disorder.

But what should be done? The Times of London argues that investing in agricultural infrastructure and allowing producers free access to world markets — by both developed as well as developing countries — is the only real solution.

From the Archives

In Defense of Globalization, Free-Trade and Free-Market

Previously filed under: Trade
Isolation will only hurt poor countries in today's world.

From the Archives

<i>World on Fire</i> is a Must Read in the Globalization Era

Previously filed under: Book and Film Reviews
Author Amy Chua writes pushing free markets breeds hatred and instability in new book.

Breaking News

Despite High Gas Prices, Europeans Find Driving a Hard Habit to Break

International Herald Tribune - Fri, 08/29/2008 - 14:23
That raises questions as to how effective high prices by themselves can be in achieving the ambitious targets for reducing carbon dioxide emissions that European leaders have committed themselves to meeting.

Japan Unveils $16.5 Billion Economic Stimulus Plan

International Herald Tribune - Fri, 08/29/2008 - 14:23
The package will include income tax cuts, financial aid to businesses and discounts for expressway tolls, Kyodo News reported, citing lawmakers.

Israel-Palestine: Scheme to give Israelis "wet jobs" in construction in place of Palestinians

IRIN News - Fri, 08/29/2008 - 16:45
If the Israeli Ministry of Finance manages to push through some reforms as part of the proposed 2009 budget, there may soon be almost no Palestinian workers in Israel's construction sector.

Asia Seeks Its Own Trade Deals

Wall Street Journal - Thu, 08/28/2008 - 19:45
Southeast Asian nations reached free-trade agreements with India, Australia and New Zealand and aimed to seal an investment pact with China.

Malawi: Cheer and Concern Over Ban on Private Sale of Maize

IRIN News - Fri, 08/29/2008 - 01:44
Ordinary Malawians, cheered by the prospect of cheaper food, have welcomed government's ban on the private trading of maize, but food security experts and businesses have expressed concern.

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