The G20 may be dealing with one of the most universally concerning issues its ever faced as it attempts to address the wild swings in food prices across the globe. The developing world is most urgently in need of help as the prices of basic staples have reached levels previously unheard of. Political unrest, malnutrition and starvation are the most obvious results of those skyrocketing commodity prices.
Agriculture Ministers from across the globe will be advising the G20 as to the best strategies to sustainably combat and manage food price volatility. The hope is that the resulting policies will cooperatively address food security and price volatility. That’s a tall order considering some of the issues involved. Contentious issues like export bans, agricultural research and development and the harmonization of food regulatory systems have to be worked out domestically and internationally. All of that requires time, and that is in short supply.
Robynne Anderson owns Emerging Ag Inc. She is very active in the promotion of agricultural development and food accessibility in places like Africa and India. I spoke to her recently about the G20 summit and what it means for the developing world and established economies. Robynne has outstanding perspective on the global battle to fight hunger and the opportunities for third world agriculture.
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