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Friday, September 17, 2010

The 25 Countries That Will Be Screwed By A World Food Crisis Guess what major financial center makes the cut.

Concerned about whether you have enough food in your fridge? How about for the worst case scenario?

Japanese investment bank Nomura produced a research report detailing the countries that would be crushed in a food crisis.

Their description of a food crisis is a prolonged price spike. They calculate the states that have the most to lose by a formula including:

* Nominal GDP per capita in USD at market exchange rates.
* The share of food in total household consumption.
* Net food exports as a percentage of GDP.

We've got the top 25 countries in danger here and the list, including a major financial center, may surprise you.


Read more: http://www.businessinsider.com/nomura-food-crisis-2010-9?utm_source=Triggermail&utm_medium=email&utm_term=Business+Insider+Select&utm_campaign=BI_Select_091710_Personal#ixzz0zp7m48Gb

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