Sunday, 19 September 2010

The 25 Countries That Will Be Screwed By A World Food Crisis

Concerned about whether you have enough food in your fridge? How about for the worst case scenario?

Japanese investment bank Nomura produced a research report detailing the countries that would be crushed in a food crisis.

Their description of a food crisis is a prolonged price spike. They calculate the states that have the most to lose by a formula including:

* Nominal GDP per capita in USD at market exchange rates.
* The share of food in total household consumption.
* Net food exports as a percentage of GDP.

We've got the top 25 countries in danger here and the list, including a major financial center, may surprise you.


Read more: http://www.businessinsider.com/nomura-food-crisis-2010-9#ixzz100agHEqm

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