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A study by the Asian Development Bank finds that domestic food prices in many regional(地方的,区域的) economies have risen on average 10 percent in early 2011.
Xianbin Yao, director general of the Regional and Sustainable Development Department at the Asian Development Bank, says these steep price increases could push an additional 64 million people into extreme poverty.
"Asia, despite its rapid growth, and it is still home to a majority(大多数) of the worlds poor. We have about 900 million in this, absolute poverty. And, it is for this group of people, they are spending on about average two thirds, more than two thirds on foods. So, with a 10 percent increase on food prices their real income eroded," Yao said.
Some food inflation was expected, but the report says that fast and persistent1 increases in the cost of many Asian food staples2, coupled with sharply rising oil prices, could weaken Asian economies.
If the global food and oil price hikes seen in early part of 2011 persist for the remainder of the year, the report says, economic growth in the region could be reduced by up to 1.5 percent.
The report says many of the conditions that drove up food prices in 2008 are at work again. These include rising demand from wealthier developing countries; competing uses for food grains; shrinking available agricultural land; and, stagnant3 or declining crop yields. Also this year, a weakened dollar and production shortfalls caused by bad weather could push prices higher.
To avert4 a looming5 crisis, Yao says Asia countries with surplus supplies of grain or rice should refrain from imposing6 export bans on food.
"ADB, the Asian Development Bank, has been working with this group of countries to establish such a system to help deal with the future emergencies -- when one country requires importing food and other countries can provide, so more of a cooperative approach rather than a competitive approach," Yao stated.
He says, in the long term, Asian economies must invest more in agriculture to increase crop production and expand storage facilities.(本文由在线英语听力室整理编辑)
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1 persistent | |
adj.坚持不懈的,执意的;持续的 | |
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2 staples | |
n.(某国的)主要产品( staple的名词复数 );钉书钉;U 形钉;主要部份v.用钉书钉钉住( staple的第三人称单数 ) | |
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3 stagnant | |
adj.不流动的,停滞的,不景气的 | |
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4 avert | |
v.防止,避免;转移(目光、注意力等) | |
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5 looming | |
n.上现蜃景(光通过低层大气发生异常折射形成的一种海市蜃楼)v.隐约出现,阴森地逼近( loom的现在分词 );隐约出现,阴森地逼近 | |
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6 imposing | |
adj.使人难忘的,壮丽的,堂皇的,雄伟的 | |
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