Agflation in the Global Economy
The persistent rise in world agricultural prices, which is a major contributing factor in inflation, is known as Agflation.The period 1974-2005 witnessed a continual fall in agricultural prices. World food prices have risen by 75%. Agricultural production is subject to...
Climate Change
Climate change describes a long term variation in the climatic conditions not excluding precipitation and average temperature. Natural internal processes may result in climate change. It may be the outcome of external influences. Consistent anthropogenic variations in atmospheric compositions and...
Rising Food Prices – Threat to Global Economic Development
According to World Economic Forum President Robert Zoellick, hunger and nutrition are “the forgotten Millennium Development Goals”. According to World Economic Forum President Robert Zoellick, hunger and nutrition are “the forgotten Millennium Development Goals”. The most recent threat to the global economy is the rising...
Role of International Organizations in Global Economy
International organizations provide a common platform wherein representatives from different parts of the world can discuss and evolve solutions for contemporary issues. In common parlance, it is well known as intergovernmental organizations. The World trade Organization, European Union and Council...
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