I recently read Dambisa Moyo's Winner Take All: China's Race for Resources and What it Means for the World. The book is a thorough review of the resource landscape - from water to land to energy, and what China's drive to acquire these means for the West and the developing world including Africa. Moyo conducts due diligence on the contentious issue of land grabs of African farmland by states that are seeking to grow crops for food and energy as alternatives to oil. "This puts food and energy in direct competition, given that the grain required to fill a 25 gallon (95 liter) fuel tank with ethanol could instead feed one person for an entire year." Given the finite extent of arable land, Moyo, argues that the above means one thing for food prices - they can only go up! The food security picture is even more dire when we consider that of the 1 billion people that go hungry each day, a third live in Africa, yet the latter is home to much of the remaining untilled...
Economics, Data Science, Consulting