Developing Economies

Suppressing Growth: How GMO Opposition Hurts Developing Nations

Author:

Information Technology and Innovation Foundation

Keywords:

Date of Editorial Board meeting:

1st Editorial Board Meeting

Publication date:

Monday, February 15, 2016

Abstract in English:

Campaigns against genetically modified organisms (GMOs), originating primarily in Europe, have created significant obstacles to the development and adoption of genetically modified crops. While the policies and practices resulting from these campaigns impose considerable costs on the economies of origin, they disproportionately hurt those nations with the greatest need for more productive agriculture—particularly the developing nations of sub-Saharan Africa. The Information Technology and Innovation Foundation (ITIF) estimates that the current restrictive climate for agricultural biotech innovations could cost low- and lowermiddle- income nations up to $1.5 trillion in foregone economic benefits through 2050. In short, anti-GMO activists have erected significant barriers to the development of the poorest nations on earth.

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Country of publication:

United States

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Number of pages:

25

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Global Economic Prospects - Darkening Skies

Author:

Keywords:

Date of Editorial Board meeting:

1st Editorial Board Meeting

Publication date:

Tuesday, January 15, 2019

Abstract in English:

Global growth is expected to slow to 2.9 percent in 2019. International trade and investment are moderating, trade tensions remain elevated, and financing conditions are tightening. Amid recent episodes of financial stress, growth in emerging market and developing economies has lost momentum and is projected to stall at 4.2 percent this year, with a weaker-than-expected rebound in commodity exporters accompanied by deceleration in commodity importers. Downside risks have become more acute. Financial market pressures and trade tensions could escalate, denting global activity.

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Country of publication:

United States

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Number of pages:

264

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Developing Economies

Suppressing Growth: How GMO Opposition Hurts Developing Nations

Global Economic Prospects - Darkening Skies