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Rising food prices and East Asia: trends and options

Milan Brahmbhatt's picture

Soaring food prices have suddenly become a major concern for policy makers in East Asia.  The price of rice - which provides one third of the region's caloric intake - is a particular worry.  Rice prices have been moving higher since around 2004, although this was from very depressed levels in the early years of the decade.  Prices surpassed $300 a ton in early 2006 for the first time since the late 1990s, kept moving higher, and then took off at an accelerating pace from late 2007:  up 11 percent in the the fourth quarter, then 56 percent in the first quarter of 2008 an

Myanmar: Cyclone deaths could reach 10,000

Michael Figueroa's picture

With winds clocked at over 190 kilometers per hour Cyclone Nargis made landfall in Myanmar on Friday, May 2, about 250 kilometers southwest of the capital Yangon.  On Monday United Nations Secretary-General Ban Ki-Moon said he was “very much alarmed” over estimates from Myanmar’s Foreign Ministry that over 10,000 people may have died.  The New York Times is reporting on the devastation, which comes before a constitutional

NT2: Not a World Bank hydropower project

William Rex's picture

A few weeks ago I wrote that “many perceive NT2 to be a World Bank hydropower project. From my perspective, that’s inaccurate in every respect. More on that in a future posting.” Following intense pressure from my reading public (thanks, Nanda), it’s time to explain what I meant.

An English vicar and the frog with no lungs

Tony Whitten's picture

Priests and vicars have long demonstrated a penchant for biodiversity. There have been missionaries in remote places who have built up and preserved beautiful collections of butterflies, plants etc. which eventually found their way into the great natural history museums of the world.  The Rev.

For the record: The Bank is *not* warning about Thailand's rice export risks

Jim Adams's picture

I see there has been some blog chatter about the World Bank's position on Thailand's rice exports. Let me take the chance here to set the record straight: Thailand is a great international trading partner, it's commited to maintaining its rice exports, and we support this action. This is very important at this time of food price hikes and it's the responsible thing to do.

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