Factors considered include food supply and demand, prices, trade, food production, population growth, foreign exchange availability, and food consumption and nutrition.
In relation to foreign exchange availability (to import food), there were also gains, as agricultural exports rose more than agricultural imports.
To take a simple example, assume crop yields can be increased by increasing fertilizer applications, whether fertilizer will in fact be applied depends on many other factors, such as are fertilizer imports regarded as being sufficiently important for the government to guarantee foreign exchange availability on a reliable basis?
(Capital controls involve restraints on capital, and are different from exchange controls, restraints on the availability of foreign or local currency).
Unfortunately, cultural inclinations, an aging population and availability of foreign investment would probably push most of any reasonable increase in family income into savings, not spending.
Chuba Ezekwesili, research analyst at Nigerian Economic Summit Group, says despite the falling price of crude, the country has been able to avoid a jump in inflation by imposing limits on the availability of foreign currency.
Though many academics have kept their frustrations private to avoid losing their jobs, some have openly expressed concern that limiting the availability of foreign textbooks and stifling classroom discussion would undermine China's quality of education.
Also notable is the increasing availability of foreign shows, and not just those from Britain (our list of recent and coming releases includes the Korean soap opera "Terroir" and could have included the Canadian crime dramedy "Republic of Doyle").
Economic growth was therefore too dependent on the availability of foreign capital.
As a jurisdiction without capital controls, easy taxation rules and a wide availability of foreign currency accounts, Bitcoin users from all around the world come to Hong Kong to conduct trades.
