GEOG 216 Lecture 22: Nov 20
23 Nov 2017
School
Department
Course
Professor
Document Summary
Geography of the world economy november 20th. The nationals are people who live in the country where the land is bought. The largest area is being taken up by foreign buyers. In terms of total area us is the biggest purchaser, but then malaysia is second. Most top 10 countries where land is being bought is in africa. ***see slide on top investor and target countries for longer list*** This trend of buying foreign land basically shows the move towards large scale farming. In brazil there is one farm that covers 4x the island of montreal. Rich countries take land from poor and vulnerable people. Policies to provide cheap land and capital and r and d. Lots of r and d involved, more investment. Big farms have it easier than small ones. Because agricultural land gets shifted from being food crops to non-food crops, from food crops to bio fuels for example.
