Friday, February 27, 2009

We're on the brink of disaster

Every outbreak of violence has its own distinctive origins and characteristics. All, however, are driven by a similar combination of anxiety about the future and lack of confidence in the ability of established institutions to deal with the problems at hand.


The riots that erupted in the spring of 2008 in response to rising food prices suggested the speed with which economically related violence can spread.


The cost of food is now closely tied to the price of oil and natural gas because petrochemicals are so widely and heavily used in the cultivation of grains.


zero economic growth in the developing world and rising food prices -- and you have a perfect recipe for unrelenting civil unrest and violence.


Statistical modeling shows that economic crises increase the risk of regime-threatening instability if they persist over a one to two year period

1 comment:

  1. Yes nower days oil(petrol/diesel) prices are closely linked with agriculture and farming and in turn food prices. Thanks for posing the real facts about today's status of economic crisis and agriculture.


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