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NT Bureau
Chennai, Aug 23:

        The director general of International Food Policy Research Institute (IFPRI) has said agricultural globalisation should focus on rural economy.

        Joachim von Braun in his lecture at MS Swaminathan Research Foundation at Taramani on Wednesday said, 'globalisation results in expansion of opportunities, but there is only slow reduction in increasing inequalities and stagnation in nutrition',

        He was delivering a millennium lecture on 'Globalisation of food and agriculture and the poor: Driving forces, consequences and policy implications.

        Braun said 70 per cent of the poorest people in the world live in South Asia and expressed his belief that debate over globalisation was active in India.

        'We should draw strategies for future growth on lessons from the past. There is a need for a conceptual framework that will connect globalisation drivers to well being at different levels', he said.

        He added, trade, capital flows and information technology were the three drivers of agricultural globalisation and that should focus on rural economy.

        'Bio fuel and carbon trading are the two emerging global agricultural markets and they require research and development to facilitate food security for the poor', Braun said.