Sunday, 12 September 2010

Economist Brands Wheat Price Spike as Food Crisis 2.0

In 2007-2008, food prices soared. 30 countries, including Mozambique, endured food price riots and Russia restricted sales of grain. Now, with soaring wheat prices Mozambique and Russia are at it again. What to do with such price volatility, should countries resort to autarky and grow their own food?

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