Finance and the privatization of rural livelihoods


Originally published on RoarMag on November 1, 2014. Co-authored with Tomaso Ferrando.

The disappearing boundaries between financial speculation and development aid are an unsettling testimony to the rapid financialization of agriculture.

A big piece of news for food politics enthusiasts this summer was India’s veto over a proposed agreement — to be concluded within the legal framework of the World Trade Organization — on ‘trade facilitation measures’. The agreement was meant to regulate a number of sensitive issues, mostly related to customs infrastructure and procedures, which are liable to affect trade between WTO members. As it often happens with international agreements, however, exceptions and exemptions are as important as the rules being agreed. Read more