Re:Millennials ‘Make Farming Sexy’ in Africa, Where Tilling ...
by Mikeb85 on Monday June 03, 2019 @01:24AM
(#20080603)
This is literally creating local jobs. A job equals more income than no job. So this is raising incomes. In addition, there's less capital leaving the country buying foreign produce. So the money that would be spent anyway creates a local job, and in return is again spent locally by a Ghanaian farmer, instead of spent in Europe by a Dutch farmer. This is literally a win all around. An economy is a system, you can't just one day create amazing jobs without an entire support system around them.
Re:Millennials ‘Make Farming Sexy’ in Africa, Where Tilling ...
by rmason on Monday June 03, 2019 @01:51AM
(#20080691)
If they're importing a large amount of their food from Europe as the article states they very well can lower the cost by producing it locally. Even if they're less efficient than the Europeans in doing so.
Re:Millennials ‘Make Farming Sexy’ in Africa, Where Tilling ...
by thrower123 on Monday June 03, 2019 @08:57AM
(#20082612)
I'm not sure they can, actually. The wheat fields of Kansas or the Ukraine are so vastly more productive than trying to grow crops in a tropical climate.
What we do know is that food is already very cheap in Africa. It's not obvious that food could get much cheaper, let alone the 300% price reduction that you give in your example.
On the other hand, we do know there are huge gains to be had when it comes to increasing income and economic activity in general. That's where our effort would be best spent.