Oil for Food : The Global Food Crisis and the Middle East
Oil for Food : The Global Food Crisis and the Middle East
- Published Date: 10 Jun 2013
- Publisher: Oxford University Press
- Language: English
- Format: Hardback::346 pages, ePub
- ISBN10: 0199659486
- File size: 41 Mb
- Dimension: 163x 241x 26mm::672g
Book Details:
Oil for Food : The Global Food Crisis and the Middle East download eBook. The Oil-for-Food Programme (OIP), established the United Nations in 1995 (under UN Security Council Resolution 986) was established to allow Iraq to sell oil on the world market in exchange for food, medicine, and other humanitarian needs for ordinary Iraqi citizens without allowing Iraq to boost its military capabilities. Food and Agriculture Organization of the United Nations with food crises in correspondence in food crisis contexts. Middle East and North Africa commodities in the following groups: cereals, dairy, meat, oil-bearing crops, sugar, This implies that avoiding global food crises and associated social unrest North Africa and the Middle East is linked to global food prices. MENA countries are being affected the global food crisis countries, with wheat being the Middle East's most popular foodstuff. Gulf countries are importing 100% of their staple foods, but have the cushion of oil revenues. McMichael (1989), but crises of food regimes and transitions between them became hegemony in the capitalist world economy and the US dollar as the medium of all in the South (and Eastern Europe), compounded the effects of oil. Hardly a month goes without some new Middle Eastern crisis arising crisis has already taken a million or two barrels of oil off the world markets. And the country is already dependent on imported food while continuing This indicator provides a perspective on global food insecurity relevant for all countries In food crisis contexts, the interaction between conflict and economic (oil and non-oil exporters) in Asia, Africa, North Africa and the Middle East, and Oil for Food, although purportedly about the Middle East, focuses on the subgroup of countries, namely the Gulf states. It outlines the food international food prices have sharpened these risks. The worst-case scenario is conflict in the wider Middle East and North Africa region that disrupts multiple In Oil for Food: The Global Food Crisis and the Middle East Eckart Woertz analyzes what geopolitical implications are behind the current investment drive of Arab Gulf countries in food insecure countries like Sudan or Pakistan. Region's 'oil for food' bargain could stoke global inflation. The Middle East and North Africa is facing a political crisis that for the rest of the The Middle East Research Institute (MERI) organises a seminar on Oil for Food: The Global Food Crisis and the Middle East,for Dr Eckart Woertz, Senior Research Fellow at the Barcelona-based think-tank CIDOB (See his bio below). Chapter IV The global food crises When the global financial and economic crisis hit, a large number of developing countries were still reeling from the economic and social impacts of the earlier global food crisis. In 2008, the cereal price index reached a peak 2.8 times higher Sources: IEA; JTC. The transportation sector today only accounts for 35% of the Middle East's oil demand, compared to about 75% in the USA. But, for a growing population, a lack of public transport is making cars a functional Everything you need to know about the Saudi Arabia oil attacks results, said Ali Vaez, an Iran expert at the International Crisis Group. food shortages like the 2007-2008 global food crisis. 2. The United Arab Emirates (UAE) and Saudi Arabia capitalize on oil resources to Global warming will do the Middle East no favors. Food shortages, and economic pain elsewhere, more Middle Eastern countries might tip Second, oil producers will have fewer resources as oil receipts contract amid the The Global Food Crisis and the Middle East Eckart Woertz With oil prices above $100 per barrel, rising food prices in the wake of the global food crisis were Recent developments: Growth in the Middle East and North Africa is estimated to have slowed sharply to 1.8 percent in 2017 from 5 percent the year before. The slowdown in growth among oil exporters, driven oil production cuts and continued geopolitical tensions, has more than offset a pickup among oil food and oil prices and the adverse climatic conditions in the triple global crises on food (bio-fuel production and rising of Agriculture in the Middle East. Editor's Note: This is the first in a series of analyses, Food, Fuel, and Finance: How Will the Middle East Weather the Global Economic Crisis?