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...Read "The World's Growing Food-Price Crisis...
...cotton growers, says that the package has alleviated some of the farmers' distress. But Tiwari says that more government intervention is needed to solve the real underlying problem: a global agricultural market rigged against the small tiller. While the costs of crucial inputs, like fertilizer, have been rising, global prices for cotton are being depressed to an artificially low level by U.S.-government subsidies for its cotton farmers - a one-two punch, he says, that makes profitable farming in Vidarbha practically impossible. "The input prices are set by someone else while the purchase prices are set by someone else," Tiwari...
...scholarly presses having a hard time meeting their margin,” Gruesz says. “I’ve personally been buying fewer scholarly books for my collection because even the paperback editions are $30-plus, so it’s a bigger question about the price of books in general...
...difficult to tighten early," Ben Simpfendorfer, a Hong Kong-based China economist for RBS, wrote in a research note. "It also funnels money into equity and housing rather than the real economy. The temptation will be to leave policy too loose, for too long, resulting in another asset price bubble...
...savers, in part because of the lack of good public systems for retirement pensions and health insurance. "Most economists think they've overdone investment and underdone consumption and spending for social welfare," says Stephen Green, the Shanghai-based head of research for Standard Chartered Bank. "There will be a price to pay. No one knows how big that will be. The bet is they'll grow through it. That's the bet they're taking...