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Hwa Chong C2 economics BlogWednesday, May 14, 2008. This didn’t happen without rhyme or reason. In fact, we believe that a multitude of supply and demand factors, both short-term and long-term, have contributed towards the recent food price increases. An article that gives a clear overview of the current situation of food shortages is attached below, along with our own economic analysis of the issues raised. Causes behind the price hike:. The world's poorest nations still harbor the greatest hunger risk. Clashes over bread in ...
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