A new vision for agriculture
momagri, movement for a world agricultural organization, is a think tank chaired by Christian Pèes.
It brings together, managers from the agricultural world and important people from external perspectives,
such as health, development, strategy and defense. Its objective is to promote regulation
of agricultural markets by creating new evaluation tools, such as economic models and indicators,
and by drawing up proposals for an agricultural and international food policy.
A look at the news

Asian Development Bank (ADB): Rising Food Prices Endanger 1 Billion People in Asia

05 may 2008

According to Rajat Nag, Director General of the Asian Development Bank (ADB), speaking at an April 30 press conference in Madrid, where the 41st Annual Meeting of the ADB was being held from May 3-6, one billion vulnerable people in Asia are affected by surging food prices. Nag went on to say that this figure includes 600 million people living on less than a dollar a day, and 400 million people just above that threshold who are considered to be "very vulnerable." While Asia is facing food supply problems related in particular to very low levels of stocks, the ADB Director General considers that the "the real problem is one of prices," which prevent poor people from buying food staples.

Soaring food prices have led to severe economic and social tensions in Asia, as seen by the recent protests in Jakarta, Manila and Bangkok, where workers demanded salary hikes to compensate for increasing food prices.

In this context, ADB President Haruhiko Kuroda announced during the Bank's Annual Meeting the implementation of budgetary aid to "support to the hardest-hit countries in order to alleviate the fiscal burden and protect the poor in the face of rising food prices." He also stressed the need to increase agricultural productivity in Asia because of "limited land and water resources" in the region.

These statements come at a time when the actions of the ADB – and international organizations in general ¬– have been the subject of criticism. According to the Bangkok-based NGO Focus on the Global South, "The ADB has followed the development model advocated by the World Bank, which encourages the creation of a market economy and rapid economic growth without concern for the costs and consequences." According to Bruce Tolentino, Director for Economic Reform and Development Programs at The Asia Foundation, "Agriculture has clearly been neglected by governments and international institutions alike for at least two decades and the world is now suffering the results of such neglect."
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Paris, 24 April 2019