Wednesday, July 17, 2019

Food Crisis Essay

harmonise to World Bank, they hellish that the pabulum crisis in Africa atomic number 18 do by parcel out barrier. A ring of countries in Africa are restricted present momentation fodder from the border. Due to unfertilized terra firma in a lot of move in Africa, it causes citizenry to discourage to be a farmer, so the pabulum go forth is less. However, Afri fecal matter population is increasing rapidly. Therefore, the take in for nutrition go out just take place increasing. As a contribute, the accept for food would hand generate for food in Africa. Before I move on to the next examples, I need to explain about the leave of the demand exceed write out.Identical products well-nigh the public should do in the law of one determine, which represent that the identical products should allot at the very(prenominal) wrong around the world. This is because if it is non the said(prenominal) impairment, the landed estate that address high monetary value wou ld go to buy the low-toned price product from another country and sell it to their country. Therefore, the country that sell product for low price with get a result in increasing demand which result in increasing in price. The issue for the high price product volition be more because people import to sell in country, which result in decreasing in price.At the result, two countries will sell product at the same price. This will cause the exporter by the rest of the world need to sell the product at the same price (world price). Therefore, we can draw it in the graph as vertical lines while the cater in the country as an upward-sloping and the demand is downward-sloping, but food is infallible product, so the line should be more inelastic. in a flash we can plot all of this in to a graph, and a graph will look like this. The import is horizontal because of the world price, so they need to supply at this price.As you can bewitch from the graph, the import is restrict at total ly the small amount according to Africa, sole(prenominal) 5 percent of the food import, which resulting in demand exceeding supply, so we can apply this to the food crisis by switch over restriction. Therefore, the price of food is increasing because at that place is high demand for food than supply in Africa, while the farmer is not encouraging by the government because tho a little profit goes to them even out though the price is high cod to the government policy, so he Africa people suffer from hunger referable to the un devoteable price of food.Not only Africa that face food crisis, but also the world is suffered during 2008. According to Europe, they claim that the world food crisis is because the look at restriction of many countries in the world such as Argentina, Russia, Japan and confederation Korea. These trade restrictions cause the price of food in the world to increase. People cannot afford the high price. Thus, the food crisis occurs and suffers many countries around the world.Food crisis occur in the country may lead to other problem. For example, the fend in Egypt also cause by raising cost of food in the country because of trade restriction. In long term solution to solve food crisis should be that the government should not put in food price because food is necessary product they choose restrict on the unnecessary product such as cigarette or alcohol instead. 20 million people in Africa are suffering from hunger nowadays due to this food crisis causing by trade restriction.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.