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Food prices expected to be less volatile than in recent years, says UN agency

-The United Nations Improved supplies and a recovery in global inventories of cereals has led to less price volatility than in recent years, the United Nations Food and Agriculture Organization (FAO) said today, adding that food prices over the past month rose slightly, driven by higher sugar prices. "The prices for most basic food commodities have declined over the past few months. This relates to production increases and the expectation that in...

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Is malnutrition in India a myth? -Pramit Bhattacharya

-Live Mint Some commentators dismiss the seriousness of India's nutritional crisis as it fails to account for genetic differences With one in two children malnourished in India, child malnutrition is considered to be among the biggest challenges facing the country. But are these figures highly exaggerated? The answer is a resounding yes, according to Columbia University economist Arvind Panagariya, who believes that the international standards used to measure nutritional attainments of...

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Environmental and health issues deserve priority in development agenda–UN report

-The United Nations Unless Africa’s leaders prioritize environmental and health issues, and prevent the degradation of health-promoting food and medicinal plants, people’s health and productivity will continue to suffer, warns a new report released today by the United Nations Environment Programme (UNEP). “Africa’s population is growing at the fastest rate in the world and its economy is expanding at a commensurate rate, yet not enough focus has been placed on the role...

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The Real Winners and Losers of Globalization -Branko Milanovic

-The World Bank It is generally thought that two groups are the big winners of the past two decades of globalization: the very rich, and the middle classes of emerging market economies. The statistical evidence for this has been cobbled together from a number of disparate sources. The evidence includes high GDP growth in emerging market economies, strong income gains recorded for those at the top of the income pyramid in the...

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Digital divide widens even as costs drop globally -Aman Sethi

-The Hindu Despite advances, India is 119th in connectivity The digital divide between the most and least developed countries — measured in terms of costs, quality and connectivity — continues to grow, according to data released by the International Telecommunications Union (ITU). Global broadband prices have dropped nearly 75 per cent between 2008 and 2011, yet the poorest countries, particularly in Africa, continue to have the highest connectivity costs in the world. “Today the...

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