Liberal opinion holds that the international monetary and financial system is a device for promoting…
The Advent of Corn-based Ethanol: A re-examination of the competition for grains Arindam Banerjee
Grain utilization is undergoing changes with the advent of biofuels. Replacing fossil fuels by biofuels like ethanol has raised a conflict between the usage of cereals for food and fuel. The last few years has witnessed a large-scale diversion of corn to ethanol distilleries in the USA. This adds a new dimension to the food-feed competition that emerged in the 20th century and characterized the world’s use of grains after World War II.
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(This article is originally published as a RIS Policy Brief)