The 21st century African land rush
Oct. 24th, 2012 02:45 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
nairiporterFertile land for raising crops is in high demand.
The players want to rule over their patches of crops and increase accessibility to that resource rich interior, completely untouched until now.
Africa has still much to give to the world, the plump cow that she is. A similar land-rush is occurring in South America. It is yet unclear if Africa is going to benefit from this increase in food production, or it will rather suffer from it. One thing is for sure, population across the continent is expected to skyrocket in the coming decades.
The players want to rule over their patches of crops and increase accessibility to that resource rich interior, completely untouched until now.
Africa has still much to give to the world, the plump cow that she is. A similar land-rush is occurring in South America. It is yet unclear if Africa is going to benefit from this increase in food production, or it will rather suffer from it. One thing is for sure, population across the continent is expected to skyrocket in the coming decades.
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(no subject)
Date: 2012-10-24 12:16 pm (UTC)I rather hope not, but there's at least a vague feeling that that's exactly what this is.
(no subject)
Date: 2012-10-25 04:22 am (UTC)It's been known by economists for hundreds of years that this is why some are prone to seek monopoly rents from such a scarce and necessary resource; to derive an income, without contributing to production.
As the saying goes, "if I owned all the land in the world, and you owned all the money.. how much would I charge for the first night's rent?"