IPS | 4 August 2014
The ‘global’ land rush
By Anuradha Mittal
In this column, Anuradha Mittal, Executive Director of the Oakland Institute, an independent policy think tank on today’s most pressing social, economic, and environmental issues, argues that the time has come for a more holistic discussion of land deals that places transfer of land in both the developed and developing worlds along the same continuous spectrum.
OAKLAND, United States, Aug 4 2014 (IPS) – The first years of the twenty-first century will be remembered for a global land rush of nearly unprecedented scale. An estimated 500 million acres, an area eight times the size of Britain, was reported bought or leased across the developing world between 2000 and 2011, often at the expense of local food security and land rights.
When the price of food spiked in 2008, pushing the number of hungry people in the world to over one billion, it spiked the interest of investors as well, and within a year foreign land deals in the developing world rose by a staggering 200 percent.- See more at: http://www.farmlandgrab.org/post/view/23792#sthash.6tIT2RKe.dpuf