OPINION: Is the Food Crisis Real? - John Berthelsen

Asia Sentinel, 21 Feb 2011Some 44 million people in the developing world, where typically half of family budgets go into food purchases, have been pushed into extreme poverty, according to the World Bank’s report. As governments raise interest rates in the effort to keep food price inflation in check, they face the problem of choking off economic growth in the wider economy at a time when the