Myriam vander Stichele, Thijs Kerckhoffs, Roos van Os
27 April 2010
Financing Food focuses on how derivative markets work and on speculation in food and agricultural products. This study demonstrates how the futures market for agricultural products, in particular, has changed and is being disrupted by new speculators, growing index funds and commodities funds.
"The banks are ours!" Public money was used to bail out the banks, and now they are lending back to the public at interest, while governments ignore the social and environmental crises that confront society. It is time to demand real solutions that will work not only for the sake of the economy but for the lives and conditions of people on whom it depends.
Harold Liversage, the Land Tenure Adviser for the International Fund for Agricultural Development argues that responsible investment in agriculture is possible if voluntary guidelines are backed up by an empowered civil society.
The Indian Prime Minister's call to "go easy" on environmental regulation for fear of scaring off investors follows the flawed ideology that industrial development is the answer to poverty, when actually India's acute environmental deterioration should be the much greater concern.
Since Mugabe initiated a more aggressive land reform programme in Zimbabwe in 2000, the accepted wisdom was that it had been an unmitigated disaster. A new ten-year detailed study of one province in Zimbabwe challenges this view.