Skip to main content

Home/ food crops vs. export crops/ Group items tagged funds

Rss Feed Group items tagged

Filter: All | Bookmarks | Topics Simple Middle
Arabica Robusta

The European Civil Society Round-Up: Food security as key: New biofuels report - 0 views

wdev-newsblog.blogspot.com/...urity-as-key-new-biofuels.html

biofuels development food foodsecurity international security

shared by Arabica Robusta on 24 Apr 08 - Cached
  • Arabica Robusta on 24 Apr 08
     
    a new study released by the Common Fund for Commodities at an international forum on biofuels held recently in Kuala Lumpur. "Fundamentally, there is a link between poverty reduction and biofuels sector development that can be promoted," said Ambassador Ali Mchumo, the managing director of the Common Fund in Amsterdam.
Arabica Robusta

Pension funds: key players in the global farmland grab - 1 views

www.grain.org/articles

agriculture development international agribusiness crisis food security foodsecurity pension funds

shared by Arabica Robusta on 10 Jul 11 - No Cached
  • According to Barclays Capital, some US$320 billion of institutional funds are now invested in commodities, compared to just US$6 billion ten years ago.
  • The big picture shows that: the largest institutional investors are planning to double their portfolio holdings in agricultural commodities, including farmland; they are reportedly going to do it very soon; the new surge in money will push up global food prices; high food prices will hit poor, rural and working-class communities hard.
  • A coalition of family farm, faith-based and anti-hunger groups, along with business associations, have initiated a campaign to persuade investors to pull out of commodity index funds.
Arabica Robusta

Manufacturing a Food Crisis - 0 views

www.thenation.com/...bello

bello crisis development food international neoliberalism security

shared by Arabica Robusta on 26 May 08 - Cached
  • an intriguing question escaped many observers: how on earth did Mexicans, who live in the land where corn was domesticated, become dependent on US imports in the first place?
  • The Mexican food crisis cannot be fully understood without taking into account the fact that in the years preceding the tortilla crisis, the homeland of corn had been converted to a corn-importing economy by "free market" policies promoted by the International Monetary Fund (IMF), the World Bank and Washington. The process began with the early 1980s debt crisis. One of the two largest developing-country debtors, Mexico was forced to beg for money from the Bank and IMF to service its debt to international commercial banks. The quid pro quo for a multibillion-dollar bailout was what a member of the World Bank executive board described as "unprecedented thoroughgoing interventionism" designed to eliminate high tariffs, state regulations and government support institutions, which neoliberal doctrine identified as barriers to economic efficiency. Interest payments rose from 19 percent of total government expenditures in 1982 to 57 percent in 1988, while capital expenditures dropped from an already low 19.3 percent to 4.4 percent. The contraction of government spending translated into the dismantling of state credit, government-subsidized agricultural inputs, price supports, state marketing boards and extension services. Unilateral liberalization of agricultural trade pushed by the IMF and World Bank also contributed to the destabilization of peasant producers. This blow to peasant agriculture was followed by an even larger one in 1994, when the North American Free Trade Agreement went into effect. Although NAFTA had a fifteen-year phaseout of tariff protection for agricultural products, including corn, highly subsidized US corn quickly flooded in, reducing prices by half and plunging the corn sector into chronic crisis. Largely as a result of this agreement, Mexico's status as a net food importer has now been firmly established.
  • Arabica Robusta on 26 May 08
     
    an intriguing question escaped many observers: how on earth did Mexicans, who live in the land where corn was domesticated, become dependent on US imports in the first place? * Related * Also By * Haiti on the 'Death Plan' Subscribe Globalization Reed Lindsay: Protesters decry high food prices--and the savage cost of "free trade" agreements. * Manufacturing a Food Crisis Agriculture Walden Bello: How "free trade" is destroying Third World agriculture--and who's fighting back. * The World Food Crisis Globalization John Nichols: We must rein in the global food giants who reap profits at the expense of the planet and the poor. * Democratizing Capital Globalization Sherle R. Schwenninger: New Deal progressives believed the economy should exist to serve society, not the other way around. * Milk Wars Agriculture David E. Gumpert: As struggling dairy farmers seek profits by responding to rising consumer demand for raw milk, regulators are taking a hard line. * Banana Kings Agriculture Emily Biuso: The history of banana cultivation is rife with labor and environmental abuse, corporate skulduggery and genetic experiments gone awry. * The Big Yam China John Feffer: Chinese hearts, minds and pocketbooks get a lot of attention from the Eastern and Western consumer markets. » More * Manufacturing a Food Crisis Agriculture Walden Bello: How "free trade" is destroying Third World agriculture--and who's fighting back. * Microcredit, Macro Issues Peace Activism Walden Bello: The Swedish Academy bestowed this year's Nobel Peace Prize to Muhammad Yunus, the father of microcredit. It's easy to believe Yunus's low-interest loans to the poor are a silver bullet against global economic injustice. But it's not that simple. * Letter From the Philippines Su
Arabica Robusta

Public Aid, Philanthropy, and the Privatization of African Agricultural Development | F... - 0 views

www.foodfirst.org/2905

food security international development agriculture foodsecurity gates bio-technology

shared by Arabica Robusta on 04 Jun 10 - Cached
  • The revived dream of an African Green Revolution in the new millennium, however, is actually a much larger project to make Africa safe for capital.
  • It is difficult to disentangle the web of alliances between the Gates Foundation, USAID, and various U.S., African and pseudo-African biotech research institutions-but the motives are crystal clear. USAID is currently headed by Rajiv Shah, former director of agricultural development programs at the Gates Foundation. It has become one of the main agencies promoting the expansion of biotech crops in Africa. The push for GM crops received a boost from the Global Food Security Act (AKA the Lugar-Casey Bill) based on a suspiciously appropriate Gates Foundation report entitled "Renewing American Leadership in the Fight Against Global Hunger and Poverty." The Lugar Casey bill would restructure aid funding to include over $7 billion for GM crops, giving Aid-dependent poor countries few options for formulating "home-grown" agricultural solutions.
  • The Gates Foundation recently donated US$ 270 million to CGIAR. According to Prabhu Pingali, head of agriculture policy and statistics at CGIAR, the plan is to double the organization's funding to $1 billion over the next four years. The Gates Foundation seems to have acquiesced to the reality that Africa is a complicated continent with myriad social networks, and that CGIAR's planned new consortium of research centers and it's decades of "Green Revolution" experience, might help him ramp up his own vision of a ‘modernized' and ‘marketized' African agriculture.
Arabica Robusta

The 'Monsanto Rider': Are Biotech Companies About to Gain Immunity from Federal Law? | ... - 0 views

www.alternet.org/...gain_immunity_from_federal_law

food security international development agriculture crisis agribusiness foodsecurity biofuels monsanto

shared by Arabica Robusta on 16 Jul 12 - No Cached
  • Unless the Senate or a citizen’s army of farmers and consumers can stop them, the House of Representatives is likely to ram this dangerous rider through any day now.
  • Rep. Peter DeFazio (D-Ore.) has sponsored an amendment to kill the rider, whose official name is “the farmers assurance” provision. But even if DeFazio’s amendment makes it through the House vote, it still has to survive the Senate.
  • Jack Kingston (R-Ga.) – who not coincidentally was voted "legislator of the year for 2011-2012" by none other than the Biotechnology Industry Organization, whose members include Monsanto and DuPont.  As reported by Mother Jones, the Biotechnology Industry Organization declared Kingston a "champion of America's biotechnology industry" who has "helped to protect funding for programs essential to the survival of biotechnology companies across the United States."
Arabica Robusta

Pambazuka - Food crisis in the Sahel: Real problem, false solutions - 0 views

pambazuka.org/...66292

food security international crisis development agriculture agribusiness foodsecurity pambazuka agrofuels agroecology sovereignty biofuels

shared by Arabica Robusta on 31 Jul 10 - Cached
  • Tidiane Kassé cautions that by tackling the consequences rather than the causes of the crisis, the region’s people are likely to remain vulnerable to hunger.
  • In contrast with other former French colonies in Africa, where independence parades have been held in a manner devoid of substance and sense (and built on the failings which have reinforced the links of subject to metropole and other examples of power –political, economic, etc), Niamey’s authorities are to limit themselves to a military parade on 3 August. With symbolism put aside, the reality needs to be faced up to: some 8 million Nigeriens – or half the country’s population – are affected by the famine.
  • In addition to the 8 million affected Nigeriens are some 1.6 million Chadians and 500,000 Malians. These statistics are only, however, the visible aspect that institutions and international non-governmental organisations display. They suffer from the limits around reading data on Africa, notably on rural areas and a region of the Sahel in which pastoral traditions and a nomadic lifestyle are a prominent feature.
  • ...7 more annotations...
  • n the face of empty granaries, Niger’s people have begun to develop a strategy for survival. ‘In Niger, women cover a desert-like environment in search of anthills in order to dig up and retrieve grains of millet, corn and other crops that the ants have collected,’ tells Charles Bambara, in charge of communications for Oxfam GB in Dakar. In the north of Mali, farmers, keen to allow their livestock to drink, have taken to using the water points actually intended for elephants (in a bid to protect the last pachyderms alive in the country).
  • The disorder of the world food crisis in 2008 did not become hazy, and this new peak comes to remind us that, in the Sahel, the crisis results from an endemic problem. This is a problem that, as the thrust of recurrent fever testifies, is more a question of structure than conjuncture, that these are the failings of agricultural policies that impose their own tough realities, and that the recommended solutions are not different from those pushed in the 1980s with the establishing of structural adjustment programmes (SAPs) which sounded the death knell of Africa’s agricultural policies.
  • The reduced investment imposed by the International Monetary Fund (IMF) and the World Bank had then destroyed the base of an agriculture geared towards food sovereignty. Industrial cultures were promoted which washed the soil (leading to greater soil erosion, the use of pesticides and chemical fertiliser) and disrupted the balance of the systems of production behind subsistence and the generation of complementary revenues on the strength of access to local markets. From this point it was a question of food security, no matter where stocks came from. This was the period in which food aid poured in. Africa was to produce no longer, with African stomachs wagered on agricultural surpluses from Europe, the US and elsewhere. As a result, since 1980 sub-Saharan Africa has been the only region of the world where average per capita food production has continued to decline over the last 40 years.[3]
  • African agriculture has suffered a series of difficulties which, over 30 years, have left it vulnerable to the smallest of changes on both the international market and climatically. Agricultural policies applied by states, under donors’ pressure, have in effect turned their back on policies which, formerly, assured technical assistance to producers, backed up by a price-stabilisation mechanism and subsidies for commodities.
  • We could go even further towards the worst of it and look at the development of biofuels and the extent to which more and more land is being diverted away from food production. Essentially, we will be growing to power cars rather than fill granaries. And in July this year, Burkina Faso has inaugurated its first industrial unit of production, while the country remains vulnerable in the face of a food crisis.
  • ‘Today, in the smallest village, people eat bread, milk and coffee… This wasn’t part of our customs; we used to eat maize-based dough, sorghum and millet. But when you can’t live anymore from your field and you’re reliant on others (neighbours, food aid), you eat what you’re given.
  • The foundation of real food sovereignty lies in the promotion and consolidation of family agriculture, as well as the development of an agro-ecology which offers the best antidote to the wasting-away of fragile ecosystems at the mercy of deregulation.
Arabica Robusta

Pambazuka - Land grabs: Africa's new 'resource curse'? - 0 views

www.pambazuka.org/...60526

food security international crisis development pambazuka foodsecurity agribusiness biofuels agriculture mozambique

shared by Arabica Robusta on 27 Nov 09 - Cached
  • In Madagascar, a 99-year lease on 3.2 million acres of land – 50 per cent of Madagascar’s arable land, granted to multinational Daewoo ‘ensuring food security’ for South Korea, lead to a coup. ‘In the constitution, it is stipulated that Madagascar’s land is neither for sale nor for rent, so the agreement with Daewoo is cancelled,’ said current president Andry Rajoelina, a baby-faced former DJ, backed by the army – and allegedly, the majority of Malagasys, 70 per cent of whom depend on farmland for income. ‘One of the biggest problems for farmers in Madagascar is land ownership, and we think it’s unfair for the government to be selling or leasing land to foreigners when local farmers do not have enough land,’ an official from Madagascar’s Farmer’s Confederation revealed to Reuters.
  • The mentality of ‘grabbers’ could not be more different. ‘We are not farmers…’ stated an official from SLC Agricola, Brazil’s largest ‘farm’ corporation. ‘The same way you have shoemakers and computer manufacturers, we produce agricultural commodities.’
  • But with Africa losing an estimated US$148 billion in development finance each year, 60 per cent as a result of multinational mispricing, in addition to the direct servicing of odious debts – (amounting to a global figure of US$560 billion per annum of an outstanding US$2.9 trillion), little or no rents derived from the liquidation of exhaustible resources is redistributed in intangible capital. This is precisely because across Africa citizens are not required to finance the state budget – as occurs in high-income countries through intangible capital – they lack the political representation necessary to influence policies and usurped power structures.
  • ...4 more annotations...
  • The terms differ from country to country, with the bulk of Ghana’s leased land allocated for export, in contrast to Ethiopia’s mixed status, but the issue remains one of control and exploitation, whether it is over local food monopolies or exported crops.
  • over 100 known specialised land funds and investments firms have embarked on ‘private sector’ land grabs, including well-known entities such as Morgan Stanley. Facilitating this process is the International Finance Corporation (IFC), the private sector arm of the World Bank group, ensuring for investors the ‘enabling environments’ and positive ‘investment climates’ required for the extractive industries, such as repatriation of profits and tax ‘competition’. From 1991-2002, deregulation proposed by IFIs composed 95 per cent of changes implemented in host countries.
  • development finance siphoned from Africa, whether through the extractive industries, or land grabs, are unlikely to be revealed as the IMF scrapped mandatory information exchange. Global watchdogs, such as the Financial Action Task Force (FATF) remained beholden to high-income nations as a ‘subsidiary’ unit in the Organisation of Economic Co-operation and Development (OECD). Meanwhile, the International Accounting Standard Board (IASB), founded and finance by the ‘big four’ accounting firms – maintaining units in secrecy jurisdictions such as the Cayman Islands – prefers multinationals to self-regulate trade via arms length transfer. What this effectively does is enable multinationals, conducting 60 per cent of global trade within rather than between corporations, to determine the future of entire continents such as Africa, where primary commodities – extracted by corporations, account for 80 per cent of exports.
  • Studies by the International Institute for Environment and Development (IIED) revealed, ‘Many countries do not have sufficient mechanisms to protect local rights and take account of local interests, livelihoods, and welfare. Moreover, local communities are rarely adequately informed about the land concessions that are made to private companies. Insecure local land rights, inaccessible registration procedures, vaguely defined productive use requirements, legislative gaps, and other factors all too often undermine the position of local people vis-à-vis international actors.’[1]
1 - 8 of 8
Showing 20▼ items per page