International Economics: IB Economics
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International Economics: IB Economics
A collection of articles relating to the 'international' elements of Economics and relating to IB, Pre-U and A-Level Economics.
Curated by Graham Watson
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Digital Agriculture: New Frontiers for the Food System

What is the value of evolving digital technologies to the agrifood system? Our agrifood system does more than keep people fed, it also provides millions of jobs all over the world and is critical to achieving the UN's Sustainable Development Goals. But it's not fit for purpose. Digital technologies can be employed to help match farmers with markets, improve efficiency, inform consumers, and increase sustainability.

 

 

Graham Watson's insight:

This is an interesting look at global agriculture: how can we over-produce food and yet have millions of people who are malnourished, as well as generate large amounts of both food waste and greenhouse gases.

 

The key it seems is asymmetric information and the transaction costs, both things that the World Bank are trying to overcome via the application of digital technologies. This gives an overview of how this is meant to work increasing efficiency, inclusivity and environmental sustainability.  

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Tackling food waste in Nigeria with an app

Tackling food waste in Nigeria with an app | International Economics: IB Economics | Scoop.it
Nigerian tech entrepreneur Oscar Ekponimo has invented an app which will help cut down on food waste.
Graham Watson's insight:

One of my favourite types of story: the application of technology to enhance developmental outcomes. This time, it's Nigeria that is going to benefit with an app called Chowberry allowing retailers to advertise stock that is nearing its sell-by-date and giving NGOs that information allowing them to buy food cheap for distribution and alleviate hunger. The app reduces food waste and allows the charities' funds to go much further.

 

However, is the next step to cut out the middleman and link the retailers with consumers, or does a lack of income mean that this service should be exclusively about linking NGOs and retailers?

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Uganda's food waste warrior aims to help farmers - BBC News

Young Ugandan engineer Lawrence Okettayot believes he has a solution for the world’s food waste crisis. His ‘Sparky Dryer’ is powered by garden waste and dries fresh food in just a few hours – making it last up to two years. The amount of food wasted every year in Africa could feed 300 million people.

Graham Watson's insight:

Just a brilliant clip underlining what great engineers Africans are: Lawrence Okettayot has created a food dryer, that can significantly increase the capacity of rural Africans to dry and store food for up to two years, increasing food security and simultaneously reducing food waste.

 

It is a straightforward invention with the chance to make a real difference to the lives of the rural poor.

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