GEOG 216 Lecture 28: GEOG216 L28 The Global Land Rush
6 Dec 2017
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Document Summary
Land grabbing: land being bought by international companies/individuals and taking away from poor people. Frequency of media reports and commodity food price index. Advantages in acquiring large areas of land for agriculture. Good for rural development, people, improves food market/security, employment, support from fao and world. Buying and leasing out land to an individual. Questions of rights to, usage of, and time on land. Crops grown in south by northern companies (chiquita bananas) New players (china, malaysia, united arab emirates, india, other developing countries and people getting involved in agriculture through fdi) Seeing success of large-scale farms encourages policy support. Vertically integrating the system more favorable when acquisitioning land (get control over land, so greater negotiating power in value chain) Carbon forests - competition for forests (reforestation or protecting carbon in the trees) Increasing perception of decreasing supply of global land. Returns on land not correlated with stock market. Graph 1. 3: price of land per ton of wheat production.
