Macroeconomics: A Vatican view on finer points of global food crisis

— …[The Vatican Document] also examined the structural causes of the crisis, and here things get a bit more complicated. The paper pointed to one important shift in developing countries: a lower demand for cereals and a higher demand for protein-rich foods. That has led to more land used to produce animal feed, and less for foods used in direct human consumption.

It said long-standing subsidies to agricultural producers in richer countries have artificially kept down the international price of food products and thus discouraged farming in poorer countries. The result has been large-scale abandonment of local agriculture and increasing urbanization. Today, most poor countries are net importers of food, making them highly vulnerable as prices continue to rise.

— The effects of the food crisis are not equal: The weakest suffer the most, especially children and the urban poor. The document cited U.N. statistics showing that for every 1 percent increase in food prices, 16 million more people fall into “food insecurity.” The way things are going, the number of chronically hungry in the world could rise to 1.2 billion by 2015.

— The document called for reconsideration of the rush to biofuel development, at least during the current crisis. Governments are called to protect the right to nourishment, and it is “unthinkable” for them to diminish the quantity of food products in favor of nonessential energy needs, it said.

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Posted in * Culture-Watch, * Economics, Politics, * Religion News & Commentary, Dieting/Food/Nutrition, Economy, Globalization, Other Churches, Pope Benedict XVI, Roman Catholic