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Many more students of the drug problem have concluded that money spent on demand reduction has a much bigger impact than attempts to curb supply.More specifically, the aid can only work in the medium-term if Mexico builds an effective national police force.
Most national drug control strategies have focused on law enforcement to curb supply despite calls to explore other approaches, such as decriminalisation and strict legal regulation, it said.
Oil prices fell on Thursday as scepticism deepened that an OPEC agreement to curb supply would tighten up the market, which slipped heavily the session before after news of a huge build in U.S. crude inventories.
As the New Year began, some analysts predicted oil would not fall below $55 a barrel due to strong demand from the Middle East and Asia coupled with attempts by the Organization of Petroleum Exporting Countries to curb supply.
As the self-styled guardian of diamond prices, De Beers often finds itself in the unenviable position as the buyer of last resort and has built huge stockpiles of diamonds to curb supply.
Beyond expectations, E.U. winemaking countries not only managed to agree a couple years ago to a scheme to pull vines and reduce wine production to curb supply and stabilize prices, they're actually carrying out the plan effectively today.
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OPEC's decisions shape expectations: if it curbs supply sharply, it can send prices spiking.
At the same time, dwindling farmlands and, especially in China, urbanisation are curbing supply.Yet Malthusian doom is highly improbable.
And with Asian demand especially high — last year's tsunami curbed supply in Japan, and Europe has cracked down on exporting eels — a gold rush of sorts is on along the rivers and streams of coastal Maine.
Reports of a row come with Opec countries due to meet on 30 November to discuss curbing supply to boost prices, as they wrestle with a global oil glut.
It is economic illiteracy to pretend that demand can be stemmed by curbing supply, and grotesquely unfair to persecute a poor supplier while one's own elite consumes vast quantities of the stuff.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com