The chaos that 
derives from the socalled international order can be painful if you are on the receiving end of the power that determines that order’s structure. Even tortillas come into play in the ungrand scheme of things. Recently, in many regions of Mexico, tortilla prices jumped by more than 50%. In January, in Mexico City, tens of thousands of workers and farmers rallied in the Zocalo, the city’s central square, to protest the skyrocketing cost of tortillas.
In response, President Felipe Calderon cut a deal with Mexican producers & retailers to limit the price of tortillas & corn fl our, very likely a temporary expedient. In part the price-hike threat to the food staple for Mexican workers and the poor is what we might call the ethanol effect – a consequence of the US stampede to cornbased ethanol as an energy substitute for oil, whose major wellsprings, of course, are in regions that even more grievously defy international order. In the United States, too, the ethanol effect has raised food prices over a broad range, including other crops, livestock and poultry.
derives from the socalled international order can be painful if you are on the receiving end of the power that determines that order’s structure. Even tortillas come into play in the ungrand scheme of things. Recently, in many regions of Mexico, tortilla prices jumped by more than 50%. In January, in Mexico City, tens of thousands of workers and farmers rallied in the Zocalo, the city’s central square, to protest the skyrocketing cost of tortillas.In response, President Felipe Calderon cut a deal with Mexican producers & retailers to limit the price of tortillas & corn fl our, very likely a temporary expedient. In part the price-hike threat to the food staple for Mexican workers and the poor is what we might call the ethanol effect – a consequence of the US stampede to cornbased ethanol as an energy substitute for oil, whose major wellsprings, of course, are in regions that even more grievously defy international order. In the United States, too, the ethanol effect has raised food prices over a broad range, including other crops, livestock and poultry.
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Source: IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
Read more:-
Source: IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
Read more:-
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