How Supermarkets Can End Poverty
Lee on Aug 01 2008 | Filed under: Developmental economics, Economics, Foreign affairs, Lee's Page
Namibian supermarket selection (photo: Olivier Peyre)
One of great inequities in the modern world is that in relative terms, food in poor and starving countries often costs far more than in the wealthy developed world. That’s because industrial countries tend to be dominated by large supermarket chains, which can achieve enormous economies of scale in volume [...]
