Food Crisis
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Title: Food Crisis

Essay Details:

Subject: Social Issues
Author: Judith W
Date: August 22, 2015
Level: University
Grade: A
Length: 2 / 344

Essay text:

It has been calculated that to bring the average per capita food consumption of the world's poorest countries up to the level that exists in the lower middle-income countries, such as the Philippines and Morocco, the cost to the world economy would be about $75 billion per year in current prices. Countries, which agree to receive the food stamps, also would have to agree to open their borders to food imports from the world market. They would have the foreign exchange to import food because donor countries would finance the food stamp program with hard currencies. For example, if a country received $100 million in food stamps, its central bank would receive $100 million U...

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