Archive for the ‘India’ Category

The Boom-and-Bust Story of a Crop Called Guar   Leave a comment

guarLink: http://www.marketplace.org/topics/sustainability/boom-and-bust-story-crop-called-guar

Summary: Guar is a small bean, and it had a recent rise and fall in the marketplace. Besides being an additive to thicken many foods, it’s also used in fracking. When fracking took off, the price of guar rose. As the price increased, Texas farmers started growing a lot of it, until Pakistan and India–which grow 98% of the guar combined–caught up to the demand. As a result, oil companies stopped hoarding it, and the prices dropped. The Texas farmers were left without buyers, and caused a chain reaction of bankruptcy.

Original Air Date: October 9, 2014

Length: 2 minutes 47 seconds

How Fear Turned a Surplus into Scarcity   3 comments

A woman in India harvesting riceLink: http://www.npr.org/blogs/money/2011/11/04/142016962/the-friday-podcast-how-fear-turned-a-surplus-into-scarcity

Summary: Story of the origins of the 2008 global rice shortage “that wasn’t”.

Original Air Date: November 4, 2011

Length: 24:33

Main story content begins: 2:12

India’s Economy Is Booming, But Not for Everybody   3 comments

Interview subject Umrao Singh at his cookfire on the streetLink: http://www.npr.org/blogs/money/2010/06/04/127480338/the-friday-podcast-india-s-economy-is-booming-but-not-for-everybody

Summary: Considers questions about economic disparity in benefits from economic growth by talking with a cobbler who lives on the streets and economic policy makers in India.

Original air date: June 4, 2010

Length 23:56

Main story content begins: 2:27