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Politics

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15. Julio 2009, 09:52:15

Übergeek 바둑이

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Asunto: Food and food prices

Dumping of food as a way to manipulate prices is not new and it goes back through history back to Roman times and probably even earlier. Dumping of food as waste has been used as a way to maintain high prices and the 20th century saw a lot of it, specially in the late 1970s and 1980s when there was deflation in world commodity prices.

There is a general article on Wikipedia with regards to food waste:

http://en.wikipedia.org/wiki/Food_waste

According to that article in the UK about 17.6% of the food ends as waste, while in the US 14-15% has been estimated. The situation in many other industrialized countries is not much better. It is terrible considering that one of the latest UN reports estimated that nearly 848 million people in the world are malnourished.

http://www.fao.org/newsroom/common/ecg/1000923/en/hungerfigs.pdf