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Accounting Solver

SOLVING THE WORLD’S PROBLEMS 2: The Millennium Campaign

by ren on April 12th, 2008

Experts predict a food crisis in the near term. In developed economies, it is still just a more than usual increase in food prices. There are shortages in some countries. In others, there are food riots.

A ProForma Balance Sheet shows how the food crisis has developed:

WORLD GRAINS PRODUCTION BALANCE SHEET

In 2000 at the United Nations Millennium Summit, 189 nations signed a Millennium Declaration which sets forth 8 development goals to be achieved by 2015.

Millennium Development Goals
Source: http://www.undp.org/mdg/basics.shtml

Three of the Millennium Development Goals, with their focus on poverty, environmental sustainability, and global cooperative effort, address the food crisis directly. As the Millennium Campaign proclaims:

We are the first generation that can end poverty.

Balance Sheet graphics by Ren Garcia

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POSTED IN: Accounting Concepts, Accounting for NonAccountants, Balance Sheets, Random Thoughts on Accounting

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