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Arabica Robusta

Argentina and the magic soybean: the commodity export boom that wasn't | Mark Weisbrot ... - 1 views

  • One of the great myths about the Argentine economy that is repeated nearly every day is that the rapid growth of the Argentine economy during the past decade has been a "commodity export boom". For example, the New York Times reported last week:
  • I haven't seen any economists make the claim that Argentina's remarkable economic growth over the past nine years – which has brought record levels of employment and a two-thirds reduction in poverty – has been driven by soybeans or a commodities export boom. Maybe that is because it is not true.
  • It turns out that only 12% of Argentina's real GDP growth during this period was due to any kind of exports at all. And just a fraction of this 12% was due to commodity exports, including soybeans. So Argentina's economic growth from 2002-2010 was not an export-led growth experience, by any stretch of the imagination, still less, a "commodities boom".
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  • there is no plausible story that anyone can tell from the data to support the idea that Argentina's growth over the past nine years was driven by a "commodities boom." Why does this matter? Well, as economist Paul Krugman noted yesterday, "articles about Argentina are almost always very negative in tone ― they are irresponsible, they are renationalizing some industries, they talk populist, so they must be going very badly." Which, he points out, "doesn't speak well for the state of economics reporting." It sure doesn't.
  • The myth of the "commodities export boom" is one way that Argentina's detractors dismiss Argentina's economic growth as just dumb luck. But the reality is that the economic expansion has been < a href="http://www.cepr.net/index.php/publications/reports/the-argentine-success-story-and-its-implications">led by domestic consumption and investment. And it happened because the Argentine government changed its most important macroeconomic choices: on fiscal, monetary, and exchange rate policies. That is what took Argentina out of its 1998-2002 depression and turned it into the fastest-growing economy in the Americas.
  • By defaulting on its debt and devaluing its currency, Argentina was freed to change its most important macroeconomic policies.
Arabica Robusta

Mark Weisbrot, "Argentina and the Magic Soybean: The Commodity Export Boom That Wasn't" - 0 views

  • One of the great myths about the Argentine economy that is repeated nearly every day is that the rapid growth of the Argentine economy during the past decade has been a "commodity export boom."  
  • I haven't seen any economists make the claim that Argentina's remarkable economic growth over the past nine years -- which has brought record levels of employment and a two-thirds reduction in poverty -- has been driven by soybeans or a commodities export boom.  Maybe that's because it's not true.
Arabica Robusta

BRAZIL: Agribusiness Driving Land Concentration - IPS ipsnews.net - 0 views

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    From the census figures by state, analysts observe that in areas like São Paulo, the planting of more sugarcane is associated with a 6.1 percent increase in land concentration compared to the previous census, thanks to incentives for the production of biofuels, like ethanol.\n\nThose responsible for the IBGE survey, presented Sept. 30, said the situation in the state of São Paulo shows that one of the main factors in the concentration of land ownership is the expansion of agribusiness and large monoculture crops for export, such as soybeans and maize.
Arabica Robusta

farmlandgrab.org | US investors acquire more land, to produce food crops - 1 views

  • “As I speak to you, the executives were very impressed with the situation, particularly in agriculture and already some have started land purchase for food production upcountry,” she noted. For his part Dr Jes Tarp, President of Aslan Global Management, LLC based in the US said that he would soon start soybeans, sunflower, wheat and barley production in Tanzania.
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    Who is Aslan Global Management and who are they "purchasing" land from? Cash crop production? What about food crop production?
Arabica Robusta

Food Industry Enlisted Academics in G.M.O. Lobbying War, Emails Show - The New York Times - 0 views

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    Kevin Folta
Arabica Robusta

Illumination: Munich is Not by Florida; Soy is Not High in Formaldehyde - 0 views

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    Kevin Folta
Arabica Robusta

$10 Million Challenge To Monsanto: Prove Your Crops Are Safe | PopularResistance.Org - 0 views

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    "Kevin Folta"
Arabica Robusta

Pambazuka - Court ruling on GMO case: Why we intend to appeal - 0 views

  • It is the contention of FSG that modern biotechnology is a potent and novel technology that presents unique risks. This means that whatever the perceived benefits seen in advances in biotechnology, they must be developed and used with adequate safety measures for the environment and human health. This is why international conventions such as the Cartagena Protocol on Biosafety (CPB), and the Convention on Biological Diversity (CBD) regulating its safe use need to be respected, hence our application for the injunction.
  • The "confined field trials" for the Bt cowpeas and the genetically modified rice did little to respect the provisions of Advance Informed Agreement under the Protocols; that advance informed consent includes public awareness and participation in the decision-making processes leading to the intentional release of living modified organisms into the environment.
  • The other fact that we intend to contest is the interpretation of the applicability of the CPB and the CBD. Even assuming that the use and handling of internally generated GMOs has nothing to do with transboundary movements, how can a GMO that has been imported from Australia not be a transboundary issue? Is that not what we normally call import and export? Is this an internal matter?
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  • There is sharply divided opinion in the scientific community, even among molecular biologists, that genetically engineered crops are "safe". The recent email scandals showing the big influence of the biotechnology industry on the scientific community adds yet another twist to where the scientific consensus would swing without the corrupting influence of the industry. Hence the only avenue available to them to legally approve any genetically engineered crop must be to follow the Advance Informed Agreement (AIA) Procedure under the Protocol. There is no other way around it and this has not been respected.
  • One important point to keep in mind and that is rarely spoken of is that there is no science that demonstrates GMOs are safe to eat. There is only industry designed testing designed to demonstrate what industry wants us to think. GMOs were approved in the US on the basis of substantial equivalence as claimed by Monsanto here, without any independent testing. That is the model USAID is pushing.
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