Jim recommended the article on Western water, which seems quite solid. The paper also has an article on falling Chinese grain production.
http://www.nytimes.com/2004/05/02/international/asia/02farm.html I am still struck by the resource inflation ahead along with falling manufacturing costs. If these two trends continue, could we see a reversal of the terms of trade between developed and less developed economies? If so, will we see a more muscular imperialism? Just speculating. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu
