...Md. Arafater Rahman Bhuiyan Assistant Professor Department of business studies Bangladesh University of Business & Technology Subject: Letter of Transmittal Dear Sir, With due respect we, the undersigned students of BBA 28 intake, section 07 of a group have Case study on “Why did global food price rise” under the course: International Business. This case study has enabled us to gain how to increase global food price rise. So it becomes as an extremely challenging and interesting experience. Thank you for your supportive consideration for formulating an idea. Without your Inspiring this case study would have been an incomplete one. Lastly, I would be thankful once again if you please give your judicious advice on effort. Yours’ sincerely, On behalf of my group Md. Mahmud Hasan ID No- 11123101283 Department of Business Studies Acknowledgement Every case study big or small whatever, is successful largely due to dedicated people who have always given their valuable advice. I sincerely appreciate the support and guidance of all those people who help us to complete this case study. I am Md. Mahmud Hasan. Extreamly grateful on behalf of my group to my course teacher Md. Arafater Rahman Bhuiyan who gave a case study task to complete with good direction. And also, grateful unknown economic online blogger who wrote articles on his blog & we got some important information. I also grateful to my group...
Words: 2394 - Pages: 10
...Case study why did global food prices rises. 1. The farmer benefits from the government policies to promote production in ethanol because it created a incentive for farmers to plant more crops that can be turned into biofuels, and also farmers receive subsidies from the government between .29 to .36 per liter of ethanol. Placing a tariff on imports of sugar cane hurts the producers of sugar cane, and consumer of sugar cane such Brazil and typical consumers because nations such as United States tariff is 25 % of the value, and Eu tariff is 50 % of tariff. Now consumer must pay much more, and Brazil is left uncompetitive in the bigger markets. The final consumer and producer of sugar cane which is Brazil suffers the most from those policies. 2. If food prices are projected to raise to 1/3 of the price, reducing living standards in rich countries by about 3 %, and in poor countries by 20% , products such as cereal rising 10 to 20 % by 2015, and biofuel production reducing calorie intake by 2 to 8 % by 2020 in many of the world`s poorest country this is huge so rich countries should definitely do something, because the balance in the economy between the rich and poor will shift greatly with more poor`s in developed nations. An in the poor nations with calorie intake increasing the demand for food will continue to rise eventually until poor nations can`t afford it and a large amount of their population dies from starvation. So this issue...
Words: 358 - Pages: 2
...Environmental Management and Sustainable Development in Vietnam Kenichi Nakagami As a result of the Asian currency crisis, wishful thinking about a future leading role of the East Asian economies in the world economy has lost momentum.The currency crisis has had a great impact on Vietnam,which adopts the ‘Doi Moi’ policy, and negative changes in regard to the outlook towards economic growth and foreign investment are becoming noticeable. However,since Vietnam joined ASEAN in 1995, improvement of hard and soft infrastructures, which contributes to Vietnam’s economic development,is well underway,and industrialization and urbanization are rapidly progressing. This has caused the gravitation of population towards cities, and the impoverished conditions of rural communities. The citizens are now facing the difficulty created by widening earning differentials between city and rural communities. The serious environmental pollution such as air pollution(CO2,SOx,NOx), waste disposal,and water pollution occurred in urban area. There is a need to work out a countermeasure to this situation, need for the sound economic development of Vietnam. It is necessary to perceive environmental and social effects precisely and to learn from the experience of environmental destruction in the Japanese economy which is described as “noneconomic mindedness of economy inconsiderate of environment” in order to achieve sustainable development. The objective of this paper is to grasp the relationship between...
Words: 7003 - Pages: 29
...lobal Food Prices 1. Who benefits from government policies to (a) promote production of ethanol and (b) place tariff barriers on imports of sugarcane? Who suffers from these policies? If CO2 emissions are actually bad for the environment, everyone benefits from the government promoting the production of ethanol. Of course, this is controversial and a highly debated subject. The companies and farmers that work together to produce ethanol also benefit from the government promoting production of ethanol. Everyone in the industry makes more money because of the demand for ethanol. The people that suffer from these policies are consumers. Prices of corn, soybean, and sugarcane have increased. This has an impact on grocery bills. The increase in the price of corn also increases the price of beef. Farmers have to buy corn at an increased price to feed their animals and the cost is passed to the meat buyer (Bullock). 2. One estimate suggests that if food prices rise by one-third, they will reduce living standards in rich countries by about 3 percent, but in very poor ones by about 20 percent. According to the International Food Policy Research Institute, unless there is a change in policies cereal prices will rise by 10 to 20 percent in 2015, and the expansion of biofuel production could reduce calorie intake by 2 to 8 percent by 2020 in many of the world's poorest nations. Should rich countries do anything about this? If so, what? The fact that calorie...
Words: 331 - Pages: 2
...Why Did Global Food Prices Rise? Why Did Global Food Prices Rise? There are many economic factors that lead to the increase in food prices globally. The case explains exactly “Why Did Global Food Prices Rise?” and how the economic factors have impacted countries and world’s lack of food. The tariffs and subsidies give rise to the increasing global food prices. This case also talks abut how the government policies may be an advantage for some domestic producers and the disadvantage to others. The ones who benefit from the government policies to promote production of ethanol are obviously the ones producing ethanol because they are looking for more options to be able to make ethanol. The different types of raw materials that can be produced into a substitute for gas, can affect the price of all goods. The ones who benefit to place tariff barriers on imports of sugar cane are the countries that have a higher production of raw material because they will benefit from all of the production. For example: corn and soybeans are mainly used as tangible means for biofuel. The more demand for ethanol and biofuels, the more it will increase our prices for foods. Sugar cane can also be used for biofuels, however due to the tariff barriers the price of sugar cane has increased and it can no longer compete with the subsidized corn and soy beans. The Poor are suffering worldwide as a result of these policies. Unfortunately some of them are unable to afford food. Developed...
Words: 346 - Pages: 2
...Why Did Global Food Prices Rise? There are many economic factors that lead to the increase in food prices globally. The case explains exactly “Why Did Global Food Prices Rise?” and how the economic factors have impacted countries and world’s lack of food. The tariffs and subsidies give rise to the increasing global food prices. This case also talks abut how the government policies may be an advantage for some domestic producers and the disadvantage to others. The ones who benefit from the government policies to promote production of ethanol are obviously the ones producing ethanol because they are looking for more options to be able to make ethanol. The different types of raw materials that can be produced into a substitute for gas, can affect the price of all goods. The ones who benefit to place tariff barriers on imports of sugar cane are the countries that have a higher production of raw material because they will benefit from all of the production. For example: corn and soybeans are mainly used as tangible means for biofuel. The more demand for ethanol and biofuels, the more it will increase our prices for foods. Sugar cane can also be used for biofuels, however due to the tariff barriers the price of sugar cane has increased and it can no longer compete with the subsidized corn and soy beans. The Poor are suffering worldwide as a result of these policies. Unfortunately some of them are unable to afford food. Developed countries are usually giving the subsidies...
Words: 408 - Pages: 2
...From: Vampire_king1902 To: Thinking Group 17h45’ 09/21/2014 TẠI SAO GIÁ LƯƠNG THỰC TOÀN CẦU TĂNG ĐIỂM? Trong 25 năm qua, giá lương thực toàn cầu đã giảm, thúc đẩy bởi sự tăng năng suất và sản lượng của khu vực nông nghiệp trên toàn thế giới. Trong năm 2007, điều này đã kết thúc đột ngột khi giá lương thực toàn cầu tăng vọt. Vào tháng năm 2007, giá lúa mì thế giới tăng lên trên $ 400/tấn (mức cao nhất từng được ghi nhận) và tăng từ $ 200/tấn vào tháng 5. Giá ngô tăng đến $ 175/ tấn, khoảng 60% trên mức trung bình của nó cho năm 2006. Chỉ số giá lương thực, Điều chỉnh lạm phát mà tạp chí Economist có giữ từ năm 1845, đạt mức cao nhất từ trước đến nay trong tháng 12 năm 2007. Một cách giải thích cho giá lương thực tăng cao đã được gia tăng nhu cầu. Nhu cầu tăng đã được thúc đẩy bởi tiêu thụ thực phẩm lớn ở các quốc gia phát triển nhanh chóng, đặc biệt là Trung Quốc và Ấn Độ. Tăng tiêu thụ thịt, đặc biệt, đã đẩy nhu cầu đối với các loại ngũ cốc; phải mất 8 kg ngũ cốc để sản xuất 1 kg thịt bò, vì vậy khi nhu cầu tăng thịt, tiêu thụ ngũ cốc của gia súc tăng lên. Nông dân bây giờ cho gia sức của họ ăn hơn 200-250 triệu tấn ngũ cốc, hơn là họ đã làm cách đây 20 năm, đẩy giá ngũ cốc tăng lên. Sau đó, có vấn đề trợ cấp nhiên liệu sinh học. Cả Hoa Kỳ và Liên minh châu Âu đã áp dụng các chính sách để tăng sản lượng ethanol và diesel sinh học để làm chậm sự nóng lên toàn cầu (bao gồm cả sản phẩm được lập luận để sản xuất lượng khí thải CO2 ít hơn, mặc dù chính xác hiệu quả của họ có...
Words: 1133 - Pages: 5
...ibm [pic] [pic] KERTAS KERJA MALAM SANTAI BUDAYA KOLEJ MELATI 2013 TARIKH: 19-21 OKTOBER 2013 TEMPAT: DEWAN SRI BUDIMAN MASA: 8.00 MALAM – 11.00 MALAM Anjuran: BIRO KESENIAN DAN KEBUDAYAAN JAWATANKUASA PERWAKILAN KOLEJ MELATI SESI 2012/2013 Contents Contents 1 1.0 TUJUAN 2 2.0 PENGENALAN 2 3.0 OBJEKTIF 2 4.0 KUMPULAN SASARAN 2 5.0 TARIKH/ TEMPAT/ MASA 2 6.0 KAEDAH PERLAKSANAAN 3 7.0 JAWATANKUASA PELAKSANAAN 3 8.0 IMPLIKASI KEWANGAN 3 9.0 PENUTUP 3 10.1 LAMPIRAN A: TENTATIF PROGRAM 4 10.2 LAMPIRAN B : STRUKTUR ORGANISASI 5 10.3 LAMPIRAN C : IMPLIKASI KEWANGAN 7 10.4 LAMPIRAN D : SYARAT-SYARAT PENYERTAAN 8 Rujukan 9 1.0 TUJUAN Kertas cadangan ini disediakan untuk memohon pertimbangan dan kelulusan dari pihak Kolej Melati untuk mengadakan Malam Santai Budaya 2013 yang akan diadakan pada 19-21 Oktober 2013. 2.0 PENGENALAN Program yang bakal diadakan ini merupakan program penganjuran pertandingan tarian yang akan dianjurkan di peringkat UiTM seluruh Malaysia di mana semua kampus – kampus UiTM akan menghantar wakil kumpulan tarian tradisional untuk dipertandingkan. Program anjuran Biro Kesenian dan Kebudayaan Kolej Melati ini merupakan program untuk meningkatkan kecintaan para pelajar terhadap aktiviti kebudayaan dan kesenian khususnya tarian tradisional Melayu. Selain itu, ia merupakan sebahagian daripada rancangan langkah untuk mencapai...
Words: 1225 - Pages: 5
...Growing Internet Use in China Reflects Changing Society Internet Use Explodes in China Internet use in China is exploding. According to Kai-Fu Lee, President of Google, China, the growth of the Internet is 40 to 50 percent in the last two years. Today, the number of Chinese using the Internet is greater than the number of Internet users in the United States, and Kai-Fu Lee anticipates that by the end of the year, about a quarter of China’s 1.3 billion people will be online. However, Chinese Internet users tend to be much younger than their American counterparts. In China, the average user is 25 years old as compared to 45 years old in the United States. Some experts anticipated that greater access to information could prompt the Chinese to question their government, but the growing Internet usage seems to have done just the opposite. Many Chinese are now questioning what they perceive to be mistakes and representations by the Western press about events in China. After reports by the Western press about events in Tibet and the Olympic torch relay protests for example, many Chinese were angry and felt that their government was being unfairly criticized. Some actually used the Internet to coordinate anti-Western, pro-China demonstrations. Most Chinese people appear to believe that the market reforms implemented in China have been very successful. They see their economy getting stronger, and more opportunities. Melinda Yu, president of the Foreign Correspondents...
Words: 734 - Pages: 3
...ASKING USEFUL QUESTIONS: GOALS, ENGAGEMENT, AND DIFFERENTIATION IN TECHNOLOGY-ENHANCED LANGUAGE LEARNING by Joy Egbert Washington State University jegbert @ wsu.edu In his popular 1997 article, Steve Ehrmann encouraged us to ask useful questions about technology for education (Ehrmann, 1997). In the years since Ehrmann asked his questions, increased pressures from legislative bodies, educational stakeholders, and business have driven an ever-increasing influx of technology into schools; however, this is not necessarily the evil that it has been portrayed as in various media. Within classrooms the availability of technology is offering us as language teachers the opportunity to usefully question what we do and why. Although technology itself is incapable of action or thought, its presence in our classrooms and schools is helping to facilitate questions about the goals of language classrooms, conceptions of teaching and learning, and our ability to address student needs. If we ask good questions and apply the answers to use technology in effective ways, resultant changes in our thinking and our pedagogy can lead to greater student achievement This paper first asks questions about and discusses language classroom goals. It then reflects on two related, essential strategies for language teaching and learning that can help us meet these goals: engagement and differentiation. Finally, the paper provides examples of how technology can be used to engage and differentiate for our learners...
Words: 4906 - Pages: 20
...Global Food Prices 1. Who benefits from government policies to (a) promote production of ethanol and (b) place tariff barriers on imports of sugarcane? Who suffers from these policies? If CO2 emissions are actually bad for the environment, everyone benefits from the government promoting the production of ethanol. Of course, this is controversial and a highly debated subject. The companies and farmers that work together to produce ethanol also benefit from the government promoting production of ethanol. Everyone in the industry makes more money because of the demand for ethanol. The people that suffer from these policies are consumers. Prices of corn, soybean, and sugarcane have increased. This has an impact on grocery bills. The increase in the price of corn also increases the price of beef. Farmers have to buy corn at an increased price to feed their animals and the cost is passed to the meat buyer (Bullock). 2. One estimate suggests that if food prices rise by one-third, they will reduce living standards in rich countries by about 3 percent, but in very poor ones by about 20 percent. According to the International Food Policy Research Institute, unless there is a change in policies cereal prices will rise by 10 to 20 percent in 2015, and the expansion of biofuel production could reduce calorie intake by 2 to 8 percent by 2020 in many of the world's poorest nations. Should rich countries do anything about this? If so, what? The fact that calorie...
Words: 310 - Pages: 2
...Page | Question 11.1 The Causes of Global Food Crisis i. Rising of Population Growth Rate ii. Increased oil price iii. Increase Demand for Biofuel iv. The Exchange Rate of US Dollar v. Weather Disruption & Natural Disaster vi. Low Global Stocks of Grains vii. Tariffs and policies 1.2 The Effects of Global Food Crisis i. Effects at the national level ii. Effects at the household level | 1-11 | | 11-13 | Question 2 i. How the governments intervene ii. Why the governments intervene | 13-20 | References and Appendices | 21-23 | Question 1: Causes and effects of global food price rises. 1.1 The Causes of Global Food Crisis Figure 1: Sources of Food Price Increases, January 2007–February 2011 (percentage points, year-on-year) Source : FAO The Food and Agriculture Organization of the United Nations (FAO)Food Price Index is a measure of the monthly change in international prices of a basket of food commodities. According to the data of FAO, FAO Food Price Index (FFPI) reached an average of 234 points in June 2011, which is approximately 1 percent higher than in May and 39 percent higher than in June 2010. It reaches its peak that is 238 points in February. A high rise in international sugar prices was behind much of the increase in the June value of the index. International dairy prices rose slightly in June, while meat prices are stable. Among the major cereals, prices of wheat fell most and rice increased...
Words: 4902 - Pages: 20
...Rising Food Prices, Poverty, and the Doha Round Sandra Polaski Senior Associate and Director, Trade, Equity and Development Program MAY 2008 Summary This paper examines the issues at stake in the Doha Round in light of rising food prices and their impact on global poverty. It first reviews the causes of high food prices, emphasizing those that are susceptible to action by governments. The author then presents recent evidence on how food prices affect the poor and concludes that, although many poor households will require urgent assistance, more are likely to gain from rising prices than lose. She argues that the Doha Round must allow developing countries adequate policy flexibility so that they can build up their own agricultural sectors, increase food supply in the medium and long term, and shield the poor from market failures that can affect their very survival. An agreement should: • • • Sharply restrict domestic and export subsidies provided to wealthy country farmers, which drive farmers in developing countries off the land or into poverty. In-kind food aid should also be restricted in favor of cash assistance. Allow developing countries to shield at least twenty percent of tariff lines from reductions as “special products” to foster greater domestic production and shield poor households until they become more productive or find other livelihoods. Create a robust “special safeguard mechanism” that would permit developing countries to address short term volatility in...
Words: 5844 - Pages: 24
...07 April 2008 Policy Support & Advocacy Cluster UNDP Administrator visits Bangladesh An Internal Knowledge Fair was organized by UNDP Bangladesh on 15th March 2008. This was a first of a kind event which helped to strengthen the platform for knowledge and experience sharing. The fair was organized on light of the visit of Kemal Dervis’s, UNDP Administrator, to Bangladesh. The Knowledge Fair was part of a broader programme of the UNDP Administrator’s convention with staff members of the country office. It was organized to enliven the activities and initiatives taken through diverse programmes and projects of UNDP Bangladesh. The fair showcased six stalls which were designed on the basis of thematic areas: UN Bangladesh, Directorate, Governance, MDGs and Poverty Reduction, Environment & Energy, Crisis prevention & recovery Bulletin Issue 9 “I had the opportunity to see with my own eyes the resilience of the people of Bangladesh in the Each stall was set to showcase publications, reports and photographs depicting various accomplishments of UNDP CO. The stalls were in U-shaped with a panel of photographs behind each of them. Each stall also had two computers where the clusters could display any pictures or videos. The room had two projector screens showing imperative initiations like Election and MDGs animated series, undertaken by the country office. Considerable emphasis was given to pictorial depictions of activities and this made the whole knowledge fair very...
Words: 2092 - Pages: 9
...underlying causes of high food prices Alessandro Flammini October 2008 The development of this report was coordinated by Maria Michela Morese and Jonathan Reeves (Global Bioenergy Partnership Secretariat). The views expressed in this report reflect those of the author and do not necessarily reflect the views of the Global Bioenergy Partnership or those of the Food and Agriculture Organization of the United Nations. For info: alessandro.flammini@fao.org ACRONYMS ADB Asian Development Bank DDG Dried distillers grains DEFRA Department for Environment Food and Rural Affairs EU European Union FAO Food and Agriculture Organization of the United Nations GHG Greenhouse Gas OECD Organization for Economic Co-operation and Development PRC People’s Republic of China UAE United Arab Emirates US United States of America USDA Department of Agriculture of the United States WFP World Food Programme of the United Nations WTO World Trade Organization Table of contents EXECUTIVE SUMMARY ..................................................................................i BACKGROUND.....................................................................................1 THE CAUSES.......................................................................................4 THE CLIMATE ISSUE ......................................................................... 4 INTERNATIONAL STOCK LEVELS......................................................... 5 INCREASED GLOBAL FOOD DEMAND..................
Words: 13073 - Pages: 53
