Food Security - Risks To Food Security - Treating Food The Same As Other Internationally Traded Commodities

Treating Food The Same As Other Internationally Traded Commodities

On October 23, 2008, Associated Press reported the following:

"Former President Clinton told a U.N. gathering Thursday that the global food crisis shows "we all blew it, including me," by treating food crops "like color TVs" instead of as a vital commodity for the world's poor....Clinton criticized decades of policymaking by the World Bank, the International Monetary Fund and others, encouraged by the U.S., that pressured Africans in particular into dropping government subsidies for fertilizer, improved seed and other farm inputs as a requirement to get aid. Africa's food self-sufficiency declined and food imports rose. Now skyrocketing prices in the international grain trade—on average more than doubling between 2006 and early 2008—have pushed many in poor countries deeper into poverty."

Food is not a commodity like others. We should go back to a policy of maximum food self-sufficiency. It is crazy for us to think we can develop countries around the world without increasing their ability to feed themselves.

Former US President Bill Clinton, Speech at United Nations World Food Day, October 16, 2008

Read more about this topic:  Food Security, Risks To Food Security

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