North Korea needs to stop trying in vain to feed itself. ++ Given its population and agriculture, it is impossible to grow enough domestically. ++ Investing in industry would bring in foreign currencies with which foodstuffs could be imported. ++ President Obama has already promised to help the ailing economy if Pyongyang moved towards disarmament, but it is clear that nuclear ambitions
... More
Developing countries —even if not located at the at the center of the crisis— will feel the impact of the financial crisis’ “second wave.” ++ As remittances decline and demand for exports falls, poor households will find it increasingly difficult to save the money necessary to provide for education and good food quality. ++ In the face of human suffering we should
... More
