People in large emerging economies are changing their consumption patterns, which is fuelling food prices. It is quite possible that this will continue for a while longer. However, at the same time, there are huge expanses of land in Africa which could be used for agricultural purposes. We need to provide the right incentives for African farmers in this respect.
2  BIS central bankers’ speeches  There are several statutory conditions on merchant banking investments, including restrictions on the authority of a financial holding company to routinely manage or operate a merchant banking portfolio company and a requirement that merchant banking investments be held only for a limited period.