Syndicate content

African green revolution possible says Jeffrey Sachs

Jeffrey_sachs_1Mr. Sachs et al. advises the Group of Eight [G8] leading industrialized nations at the dawn of the summit:

[G8] would most benefit the poor in Africa by first looking at what Africa is doing for itself.

Despite the opposition of some of Malawi's donors, [in 2005] President Bingu wa Mutharika and his team introduced a bold farm-input subsidy program to pre-empt the famine. At a cost of $60m, roughly $5 per Malawian, the government provided seed and fertilizer at reduced cost to more than 1m small-scale maize farmers. This represented a huge financial burden for Malawi's government, but would have been a pittance for the rich world.

The impact has stunned the skeptics and the doomsayers.

The investments in famine prevention – roughly $60m per year in farm inputs – save many more lives and are vastly more affordable than the hundreds of millions of dollars that would be needed in emergency food relief to achieve the same food outcome.

Comments

Submitted by Dr James Daniel Paul on
Cris: Jeffry Sachs article outlines the urgency for helping the African countries. Why India should contribute to Africa: India produces around 134.5 million tonne of food and vegetables, which is the second largest in the world. However, cold storage facilities exist for only 10% of the total produce resulting in enormous wastage. Recent estimate from the Indian Food processing Ministry says that about a billion Euros worth of food Items are being wasted in India every year. The problem with these wastages in India is that there many state funded warehouses could feed millions in Africa. However the Indian states would not have money to transport the food at their cost to event their citizens. I am sure there could be mechanisms where one could sponsor the food and other could sponsor the transportation cost. Rich countries alone may not be able to solve this problem.

Add new comment