Food prices in Asia continue to be above what they were prior to the 2007-2008 surge. Worse, there are signs that they may increase once again owing to the existence of similar conditions, such as excess demand and rising input prices due to the increasing cost of oil. Presently, rising food prices are leading to the region’s major economies re-orienting their food management policies — a step that is likely to be the harbinger of a tougher stance by the region on the Doha Round of trade talks as well as on climate change issues. The major rice-exporting countries of […]
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In the wake of a major natural disaster, the narrative arc that subsequently unfolds has the potential to reshape the political landscape of the affected country. The script has been written and performed many times in many countries, with no two times ever exactly the same. After this weekend’s massive earthquake in Chile, keep an eye on the response from the governments — both the outgoing and incoming one — to see how the quake ends up altering that country’s long-term political picture. No matter where disaster strikes, the script opens with shock, heartbreak and compassion. Then, it inexorably moves […]