Word: got
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Dates: during 2000-2009
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...year, to 12.5%, and is expected to reach 15% by 2010, with the biggest job losses coming in the construction industry. "NAMA is helping the wrong people," Cummins says. "I'll probably be evicted next year if I can't find another job, but it was the developers that got us into this mess in the first place, and they're getting off scot-free...
Numbers like that demand a sequel, and this month Levitt and Dubner delivered theirs: SuperFreakonomics: Global Cooling, Patriotic Prostitutes and Why Suicide Bombers Should Buy Life Insurance. But while their first book focused mostly on smaller stuff, SuperFreakonomics takes on one very big subject - global warming - and it has got environmentalists and climate scientists across the blogosphere feeling dismayed by the Freaky Ones. (See the top 10 green ideas...
...small farmers like Thakare have been neglected for much of the past three decades - and not only in India. Throughout the developing world, agriculture was the also-ran of the global economy. Governments equated economic progress with steel mills and shoe factories. While urban centers thrived and city dwellers got rich, hundreds of millions of farmers remained mired in poverty. Agriculture in many developing nations stagnated...
...became a victim of its own success. Food prices plunged by some 60% (when adjusted for inflation) by the late 1980s from their peak in the mid-1970s. Policymakers and aid workers turned their attention to the poor's other pressing needs, such as health care and education. Farming got starved of resources and investment. In 1979, 18% of official development aid worldwide was directed at agriculture; by 2004, that amount sank to 3.5%. "Agriculture lost its glitter," says the FAO's Stamoulis. "The world didn't think that food was a major issue. There was plenty of food...
...year; by the late 1980s, the annual increase had fallen to 2% or less. At the same time, demand for food increased. As consumers in high-growth giants such as China and India became wealthier, they began eating more meat, so grain once used for human consumption got diverted to beef up livestock. Making matters worse, land and resources also got reallocated to produce biofuels. Once voluminous reserves of grain evaporated; this year, they are at the lowest levels since the mid-1970s. By early 2008, panicked buying by importing countries and restrictions slapped on grain exports by some...