- GloboTrends: from Summit Global Education / underlying trends that are shaping our world today
www.GloboTrends.com
GloboTrends: International Business, Economics, Innovation and global trends. A wiki of Global issues and Trends in International Business, cultures, markets, finance, economics, international relations, politics and more...
“GloboTrends” are fundamental underlying trends, which means that they are important, but might not be obvious. Many global trends are interconnected, and have international implications.
Trend: “Soaring food prices worldwide and a greatly increasing global population have given way to the growing value of farmland in many countries. In the United Kingdom agricultural land prices have increased substantially this past year and many land investments have doubled in value. The country of China has recognized the trend of growing farmland prices and over the past years has targeted more than 20 million hectares of land in Africa for investment hoping land prices there will rise like other places across the globe. Many countries have followed China’s lead as Africa currently has the cheapest arable land in the world…. Land has sold at such high values around the world that some people have even argued that farmland may be the next financial bubble similar to the housing market collapse. Despite this speculation, others claim that farmland will remain a valuable asset due to the simple fact that food production must increase 70 percent by 2050 to satisfy global population growth. A global trend for years has involved land-poor countries purchasing farmland abroad in order to protect themselves from food supply scarcity. If farmland values continue to rise, these increasing prices will have great effects on land investments between land-poor nations and developing countries rich with land.” source: GlobalEdge, Feb 2012
