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Alternative Development Strategies for the Post-2015 Era

image of Alternative Development Strategies for the Post-2015 Era
The global economic crisis of 2008-2009 exposed systemic failings at the core of economic policymaking worldwide. The crisis came on top of several other crises, including skyrocketing and highly volatile world food and energy prices and climate change. This book argues that new policy approaches are needed to address such devastating global development challenges and to avoid the potentially catastrophic consequences to livelihoods worldwide that are likely to result from present approaches. The contributors to the book are independent development experts brought together to identify a development strategy capable of promoting a broad-based economic recovery and at the same time guaranteeing social equity and environmental sustainability both within countries and internationally. This new development approach seeks to promote the reforms needed to improve global governance, providing a more equitable distribution of global public goods.

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Aiming for food and nutrition security in a changed global context: Strategy to end hunger

The most relevant price for the poor is the price of grain—especially wheat, maize, and rice. Maize prices increased by 105 per cent between March 2010 and March 2011 on international markets; wheat by 102 per cent; rice increased less in the 2011 crisis, but more than wheat and maize in 2008. The price increase implies that a kilo of wheat in many developing countries typically costs about $0.30 instead of $0.15—a critical difference for a person who lives on $1 a day, as do more than 1 billion people. This kind of price increase requires poor people to cut back on other food and non-food expenditures to maintain food energy consumption. Consequently, quality of diet and of livelihood suffers.

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