The World Bank and its ‘new’ Poverty Approach Francine Mestrum* ‘We should strive to eradicate absolute poverty by the end of this century’ said World Bank President Robert McNamara in 1973 at the annual meeting of the Bretton Woods Institutions. As we know, at …
The Economics of Curbing Speculation In Food, Water and Vital Resources
By Hazel Henderson Recent spikes in prices of rice, soy, wheat and corn have driven many poor people in developing countries into hunger and malnutrition. In 2011, then World Bank president Robert Zoellick estimated that 44 million people fell into poverty in 2010 due to rising food prices, adding, “Food …
World’s Poor ‘One Shock’ From Crisis as Food Prices Climb, Zoellick Says
An article from Bloomberg By Eric Martin – Apr 16, 2011 7:49 PM ET inShare0More Business Exchange Buzz up! Digg Print Email World Bank President Robert Zoellick said the global economy is “one shock away” from a crisis in food supplies and prices. Zoellick estimated 44 million people have fallen …