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To be fair, as long as cheap grain exports are available (although lately that's been in question), a weird situation has become possible where developing count
by galdosdi 4y ago
To be fair, as long as cheap grain exports are available (although lately that's been in question), a weird situation has become possible where developing countries have been able to leapfrog past agricultural modernization, abandon the agricultural sector entirely, and focus on industrialization instead.
It turns out though this has a mixed effect...
In good times, this works for the same reason you and I going to a job to get cash to then pay for groceries works a lot better than you and I also trying to grow our own food.
In bad times, if the country does not have the means to keep paying for and securing imports, famine, hunger, death, and violent upheaval happen.