Despite Abenomics driving consumer confidence and price inflation, a weaker yen has pushed Osaka and Tokyo away from the top of the cost of living ranking. This has paved the way for Singapore, which has been steadily moving up the ranking over the last decade, to claim the unenviable title of world's most expensive city. Singapore's rising price prominence has been steady rather than spectacular. The city-state was 18th most expensive ten years ago and has actually seen the cost of living compared with New York City decline over the last 12 months. However, over the last decade a 40% currency appreciation, coupled with solid price inflation, has consistently pushed Singapore up the ranking.
Topic:
Economics, Energy Policy, International Trade and Finance, Natural Resources, Food, and Infrastructure
Foreign land leases could help developing countries to acquire foreign direct investments (FDIs), including technical expertise and income necessary for economic transformation. A lack of local stakeholder consultation and involvement in the design of land leases leads to the rejection or disruption of such leases by local communities and wastes investors' resources due to disruptions. Local public stakeholders in Kenya are willing to accept and participate in leases, provided they include certain provisions: that leases do not exceed 15 years; are renewable subject to mutual negotiations; offer formal employment to landowners' household members; and provide adequate monetary compensation for the leased land. Effective and transparent management of land leases requires the formation of management committees comprising local stakeholders such as youth, women and land experts. To enhance lease transparency, regular consultative meetings should be held, negotiation records must be shared with local community members and landowners should receive direct payment, rather than being paid through intermediaries.
Topic:
Security, Agriculture, Development, Economics, Poverty, and Food
New evidence of how climate change could damage food security is presented in a major new scientific report by the Intergovernmental Panel on Climate Change (IPCC).
Topic:
Security, Agriculture, Climate Change, Development, Energy Policy, and Food
Hunger is not and need never be inevitable. However climate change threatens to put back the fight to eradicate it by decades – and our global food system is woefully unprepared to cope with the challenge.
Topic:
Security, Agriculture, Climate Change, Development, and Food
Brazil has achieved promising results in the fight against hunger and poverty. This paper describes the path toward building a new governance framework for the provision of public policies that initiated a virtuous cycle for the progressive elimination of hunger and poverty. However, it is important to emphasize that the country continues to be characterized by dynamics that generate inequalities and threaten social and environmental justice.
Topic:
Agriculture, Economics, Poverty, Food, and Governance
Fishing communities, many of whom live in poverty, have been hit hard by Typhoon Haiyan (known locally as Typhoon Yolanda). The UN estimates that 30,000 boats have been damaged or destroyed and nearly three-quarters of fishing communities have been severely affected, losing crucial equipment such as boats, nets, and cages.
Topic:
Agriculture, Humanitarian Aid, Natural Disasters, and Food
Centre for Non-Traditional Security Studies, S. Rajaratnam School of International Studies
Abstract:
Food security encompasses multiple, inter-connected dimensions, from production-related concerns, to market and price dynamics, environmental trends and policy approaches. Given this, 'robustness', the ability to withstand disruptions to the various dimensions, is critical to food security. Yet, countries in Southeast Asia continue to be largely focused on domestic production alone, which is unsustainable in the long run. This Policy Brief suggests that, in order to increase food security robustness, countries could turn to regional-level action. Towards this end, an analysis using the Rice Bowl Index is used to identify possible areas of cooperation and collaboration at the regional level.
Topic:
Security, Agriculture, Economics, Environment, Markets, and Food
Nora Lustig, Timothy Smeeding, Sean Higgins, and Whitney Ruble
Publication Date:
03-2014
Content Type:
Working Paper
Institution:
Center for Global Development
Abstract:
We perform the first comprehensive fiscal incidence analyses in Brazil and the US, including direct cash and food transfers, targeted housing and heating subsidies, public spending on education and health, and personal income, payroll, corporate income, property, and expenditure taxes. In both countries, primary spending is close to 40 percent of GDP. The US achieves higher redistribution through direct taxes and transfers, primarily due to underutilization of the personal income tax in Brazil and the fact that Brazil's highly progressive cash and food transfer programs are small while larger transfer programs are less progressive. However, when health and non-tertiary education spending are added to income using the government cost approach, the two countries achieve similar levels of redistribution. This result may be a reflection of better-off households in Brazil opting out of public services due to quality concerns rather than a result of government effort to make spending more equitable.
Topic:
Economics, Political Economy, Monetary Policy, and Food
Greater investment in agriculture is needed to reduce rural poverty and improve food security. This means not simply increasing supply but ensuring that adequate, nutritious food is accessible to every person at all times. How investment is made, its context and conditions, is at least as important as how much is invested.
Who wants to farm? In an era of land grabs and environmental uncertainty, improving smallholder productivity has become a higher priority on the poverty and food security agenda in development, focusing attention on the next generation of farmers. Yet emerging evidence about the material realities and social norms and desires of young people in developing countries indicates a reasonably widespread withdrawal from work on the land as an emerging norm. While de-agrarianisation is not new, policymakers are correct to be concerned about a withdrawal from the sector: smallholder productivity growth, and agricultural transformation more broadly, depend in part on the extent to which capable, skilled young people can be retained or attracted to farming, and on policies that support that retention. So who wants to farm, and under what conditions? Where are economic, environmental and social conditions favourable to active recruitment by educated young people into farming? What policy and programmatic conditions are creating attractive opportunities in farming or agro-food industry livelihoods?