...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...
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...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...
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...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...
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...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...
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...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...
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...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...
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...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...
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...Global Food Prices 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 creates ...
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...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...
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...United International UniversitySummer Trimester 2015School of Business and EconomicsCourse: IBS3121_International Business | Case Analysis and Term PaperCase 1Chapter 1Topic 1 | Dell’s Globalization of Business Dell, Inc. the largest direct sale computer vendor in the world, selling servers, desktops, laptops, workstations, printers, monitors, storage solutions, and other computer peripherals. Since its inception in 1984 Dell was a pure hardware vendor for much of its existence, but with the acquisition in 2009 of Perot Systems, it entered the market for IT services. With a unique business model for computer vendor industry named “build-to-order” or direct sales philosophy, Dell expanded its footprints as one of the most successful global company. Using the most advance technologies with the benefit of globalization, Dell built its competitive advantage as a low cost provider of customized product offerings. To capture the advantage of low cost production, in 1994 Dell enthusiastically moved to the use of Internet to coordinate and control its globally dispersed production system. It was so efficient that now it holds only three days’ worth of inventory at its assembly locations. This advancement in reducing inventory cost to a minimum level was not possible unless company use Microprocessor and Internet. Dell’s Internet-based system records orders for computer equipment as customers submit them via the company’s Web site, then immediately transmits the resulting orders...
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...Closing case Chapter 6 Why did global food prices rise? Summary: In the last 25 years global food prices have been going downwards. This is thanks to the increasing productivity and output of the farm sector worldwide. However in 2007 prices went up dramatically. We can say that one of the main reasons was the increased demand in food. One of the main drivers has been the consumption of food in rapidly developing nations China and India. Rising consumption in meat leads to more demand in corn to feed animals. However farmers have been producing corn and soy beans for other reasons, mainly to create bio-fuels out of them. And to make matters even worse, governments are seeing bio-fuel as a solution for the increasing global warming situation. They are making a solution for global warming and creating another problem food is getting more expensive. The reason behind this is because farmers get subsidies from the government thus leaving the production of their crops as food behind. This makes it more expensive for other farmers to feed animals that will later lead to food in the market. These are 2 big problems that are happening right now because we want to protect the environment but we all know that we do not want to go hungry doing it. What is unfortunate in this situation is that high tariffs are shutting out producers of alternative products that can be turned into bio-fuels, most notable sugar cane, from the U.S. and EU. One of the most notably sugar cane producers...
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...has conventionally accounted for the lion’s share, but it has been declining in both absolute and proportional terms. Between 2000 and 2007 global gold-jewellery demand slid from 3,205 tonnes to 2,417 tonnes; as a share of the total demand for gold, it declined from nearly 80% to just over 60%. The fall was precipitate in the Western world. Demand in India, the biggest jewellery market, was little affected until last year. Demand in China, the next biggest, has continued to rise. As jewellery demand went down, investment demand went up: for gold in the form of coins or bars, for gold exchange-traded funds (ETFs) and for the services of online companies that allow investors to buy small amounts of pure bullion, stored in underground vaults. Buyers of jewellery might be put off by a rising price; investors are more likely to see it as a sign that the price will increase further still. Annual “identifiable investment”, as the World Gold Council puts it, was 611 tonnes in 2004-07, a little more than twice the average for the four previous years. That just about offset the fall in jewellery demand. Since then, however, investment demand has accelerated and jewellery demand has collapsed. The seemingly insatiable demand of mainly Western investors, drawn to gold as a store of value rather than as an adornment, has driven the price from less than $700 an ounce in 2007 to more than $1,200 since May this year. Gold’s main drawback is that it pays neither a dividend,...
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...SEMESTER ONE 2010 MID-SEMESTER EXAMINATION ECO2GLO: GLOBALISATION Solution guide You must give reasons for your answers; no marks are given if no reasons are given or if the reasons given are incorrect. 1. Are the following statements correct? 1. During the first wave of globalisation, Britain was the only country in Europe that supported free trade. (1 mark) No, many other countries supported free trade until disrupted by the world wars. 2. When restrictions to imports from the New World came down in the first wave of globalisation, grain prices fell in Britain and many parts of Western Europe. This was bad for both landowners and the manufacturing workers in Britain and Europe. (1 mark) NO, bad for landowners but good for manufacturing workers (as consumers) 3. During the First wave of globalisation, unlike at present, international movements of goods and capital increased rapidly but labour did not move internationally on a large scale. (1 mark) The period known as the age of mass migration from Europe to the new world. International capital movements (FDI) was also arising. 4. During the first wave of globalisation, there was not much international integration of commodity markets. (1 mark) The period for great international commodity integration [total 4 marks for Q1] 2. Consider a ‘small’ country that produces garments and computers. Garments are relatively more labour-intensive, while computers are relatively more capital intensive...
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...2012 2012 Dec 20th Dec 20th The Relationship between the Price of Petrol, Biofuels, and Food: a case for biofuels NCUK IFY BEIJING AOJI 6108 Jack (Ba-12-0023) The Relationship between the Price of Petrol, Biofuels, and Food: a case for biofuels NCUK IFY BEIJING AOJI 6108 Jack (Ba-12-0023) Contents Introduction 2 Key terms 2 Graph 1 supply and demand curve 3 Graph 2 food price since 1990 3 Graph 3 wheat future US 4 Main body 4 The influence of the price of petrol on biofuels in long-term 4 Graph 4 America bio-ethanol output 5 The subsequent effect on food price 5 Graph 5 percentage of main biofuel production country 5 Table 1 Wheat production and consumption 7 Discussion 9 Evaluation 9 Graph 6 China food price 10 Conclusion 11 References ...
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...The Food Crises: A quantitative model of food prices including speculators and ethanol conversion Marco Lagi, Yavni Bar-Yam, Karla Z. Bertrand and Yaneer Bar-Yam New England Complex Systems Institute 238 Main St. Suite 319 Cambridge MA 02142, USA reviewed by: C. Peter Timmer - Cabot Professor of Development Studies emeritus. Harvard University Jeffrey C. Fuhrer - Executive Vice President and Senior Policy Advisor. Federal Reserve Bank of Boston Richard N. Cooper - Maurits C. Boas Professor of International Economics. Harvard University Thomas C. Schelling - Distinguished Professor of Economics emeritus. University of Maryland (Dated: September 21, 2011) Abstract Recent increases in basic food prices are severely impacting vulnerable populations worldwide. Proposed causes such as shortages of grain due to adverse weather, increasing meat consumption in China and India, conversion of corn to ethanol in the US, and investor speculation on commodity markets lead to widely differing implications for policy. A lack of clarity about which factors are responsible reinforces policy inaction. Here, for the first time, we construct a dynamic model that quantitatively agrees with food prices. The results show that the dominant causes of price increases are investor speculation and ethanol conversion. Models that just treat supply and demand are not consistent with the actual price dynamics. The two sharp peaks in 2007/2008 and 2010/2011 are specifically due to investor...
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