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Anna Selzer

BBC News - Food price crisis: What crisis? - 3 views

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    Due to extreme weather changes, droughts and floods are causing bad harvest all around the world. This causes corn and wheat supply to decrease and food prices to increase. Food however has a very inelastic demand. Food is a necessity and therefore people are willing to purchase it at higher prices. 
Maria Vittoria Merello

Global food supply at increased risk of regional failures due to the weather - 0 views

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    This article is about food prices raising as weather conditions are worst. Stable weather = cheap food Radical weather = expensive food (or no food at all) As it in the future will always be worst, producing food will be more expensive and buying it too. Tha article was published in May 2013 so the datas are quite recent and it is scaring that prices are currently rising at a rate of 3% per year.
Leander Stähler

Mexico Could Soon Tax Junk Food - 0 views

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    This article discusses Mexican plans to implement a 5% percentage tax on fattening foods, a 16% percentage tax on chewing gum and a 8 cents specific tax on sodas. This is a fine example in which a government is using excise taxes as a means of discouraging consumption of a product that is harmful for one's health.
Judith Brasse

True-cost accounting in food and farming - Comment - The Ecologist - 0 views

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    The Article talks about the negative externalities of unsustainable food production and suggests that the actual costs to society should be expressed in the price of those products that appear cheap but have been produced by methods which are negative for the environment. It thus describes these negative externalities as "subsidies payed by society".
Zhangyi Ye

China fights inflation as rising prices threaten growth - 0 views

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    This article is about China fighting inflation in May 2011. It describes the food prices in China were up 10.3% in January versus a year earlier and the price of gas also rises. The article also outlines the plan of China government to keep down the price of goods--price control. Check it out!
Nicholas Bergan

WTO | Understanding the WTO - Standards and safety - 0 views

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    Food, animal and plant products: how safe is safe? back to top Problem: How do you ensure that your countrys consumers are being supplied with food that is safe to eat safe by the standards you consider appropriate?
Zhangyi Ye

Calming ethanol-crazed corn prices - 0 views

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    This article is about the spike in corn prices in 2007. It talks about the price of corn which is the main ingredient in ethanol, the primary alternative fuel, is increasing fast and causing a series of problems on the market e.g. the price of other food which is made of corn is rising dramatically, farmers complains that corn price is too high for them to feed live-stocks. There are also many predictions in the article about the future price of corn based on the demand and supply rules. This is an great article related to what we have learned. So check it out!!
Tana Monk

Cuba: A Tragedy of the Commons - 1 views

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    This article talks of the results that happened in Cuba when they abolished all private property rights and turned to communism. This eventually led to the collapse of the Cuban economy. The article mentions, "On the eve of the Cuban Revolution about 80 percent of Cuba's arable land was under cultivation (or used for grazing) and domestic production supplied 70 percent of the country's food consumption." Over grazing of the fields led to similar tragedy of the commons.
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