Scarcity, Insecurity And Poverty


Of the estimated 700 million agricultural workers worldwide, as many as 70% are in Asia, followed by Sub-Saharan Africa with 20%. They are found in export plantations such as sugarcane, palm, coconut and many other plantations. The global financial and economic crisis has already ravaged millions of jobs and livelihood across the world. It has intensified hunger and poverty that were already wreaking havoc on billions of people long before the current crisis blew up. While some, like the US Federal Reserve and International Monetary Fund (IMF), claim that the world economy is now on recovery mode, evidence suggests otherwise. For the working people, the most telling indicator that the crunch is not yet over is the continuing massive displacements. Firms continue to fold up or downsize to cope with the crisis. It is estimated that the jobs crisis will linger for as long as eight more years before global employment can get back to its pre-crisis level. All workers around the globe have been affected by the crisis, though at varying degrees. Among economic sectors, workers in manufacturing, commerce, construction, and agriculture including plantation are those most badly hit. Meanwhile, some analysts observed that the direct blow on employment in agriculture seems not as prominent as the impact of the crisis on jobs in industry and services. One possible explanation they cite is that consumers may stop purchasing electronic gadgets or cars but will continue to buy food.

Specifications


Title: Scarcity, Insecurity And Poverty
Authors: Pesticide Action Network Asia Pacific
Tags: global
agribusiness
agriculture
food
economic crisis
agricultural labour
Date: 18-Jun-2010
Publisher: Pesticide Action Network Asia Pacific
URI: http://library.ipamglobal.org/jspui/handle/ipamlibrary/497
Weblink: http://www.panap.net/sites/default/files/attachments/SR_10_Inside_Online.pdf
Category Type: Reports
Appears in Sub-Collections:Economic models







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