Title of Paper: THE FACTOR OF RICE CRISIS OF ALL
It's is one thing if you cannot find out the pork in your local market, you can always choose the other substitutes such as chicken or fish, But in Asia, "Rice" has no good substitute in Asia diets. It is playing the role of food in the Asia.
In the past famines have been about local or regional shortages. Experts have told us that the problem is not a global lack of food but rather problems in distribution. Is it still true today? Unfortunately, it is not true today, the problem to be more complicated; you can find that form India to the Philippines, the price of Asia most vital food is increasing sharply, the world's price stocks has dipped to their lowest level in 25 years. The worse estimates are the global rice supply could slide to 70 million tons, less than half the 150 million-ton inventory in the year 2000.
Indeed, just three months gone in 2008, the figures shows that global rice demand is estimated at 423 million tons or more than the current season's record harvest of 420 million tons, at the same time, the rice consumption nearly 424 million tons, according to the U.S. Department of Agriculture. (2008)
WHAT IS DRIVING THIS CRISIS?
According to the Peter Timmer (2008), it's important to start with the basic problem of the equilibrium between food supply and demand. China and India now are producing more rice than they consume, It is thanks to the development of hybrid super-seeds after the 1960s and 1970s Green Revolution.we have still seen predictable that increases in food supply over the past decade--significantly larger than population growth. So the problem must largely lie on the demand side.
Peter Timmer, state that there...