How did the Union that worked closely with FAO to combat the Global Food Crisis rank Switzerland's economy?
Europe's most innovative country
Title: Ukraine
Passage: In Soviet times, the economy of Ukraine was the second largest in the Soviet Union, being an important industrial and agricultural component of the country's planned economy. With the dissolution of the Soviet system, the country moved from a planned economy to a market economy. The transition was difficult for the majority of the population which plunged into poverty. Ukraine's economy contracted severely in the years after the Soviet dissolution. Day-to-day life for the average person living in Ukraine was a struggle. A significant number of citizens in rural Ukraine survived by growing their own food, often working two or more jobs and buying the basic necessities through the barter economy.In 1991, the government liberalised most prices to combat widespread product shortages, and was successful in overcoming the problem. At the same time, the government continued to subsidise state-run industries and agriculture by uncovered monetary emission. The loose monetary policies of the early 1990s pushed inflation to hyperinflationary levels. For the year 1993, Ukraine holds the world record for inflation in one calendar year. Those living on fixed incomes suffered the most. Prices stabilised only after the introduction of new currency, the hryvnia, in 1996. The country was also slow in implementing structural reforms. Following independence, the government formed a legal framework for privatisation. However, widespread resistance to reforms within the government and from a significant part of the population soon stalled the reform efforts. A large number of state-owned enterprises were exempt from privatisation.
Title: Food and Agriculture Organization
Passage: In December 2007, FAO launched its Initiative on Soaring Food Prices to help small producers raise their output and earn more. Under the initiative, FAO contributed to the work of the UN High-Level Task Force on the Global Food Crisis, which produced the Comprehensive Framework for Action. FAO has carried out projects in over 25 countries and inter-agency missions in nearly 60, scaled up its monitoring through the Global Information and Early Warning System on Food and Agriculture, provided policy advice to governments while supporting their efforts to increase food production, and advocated for more investment in agriculture. s also worked hand-in-hand with the European Union. One example of its work is a US$10.2 million, €7.5 billion scheme to distribute and multiply quality seeds in Haiti, which has significantly increased food production, thereby providing cheaper food and boosting
Title: Netherlands
Passage: The Netherlands has a developed economy and has been playing a special role in the European economy for many centuries. Since the 16th century, shipping, fishing, agriculture, trade, and banking have been leading sectors of the Dutch economy. The Netherlands has a high level of economic freedom. The Netherlands is one of the top countries in the Global Enabling Trade Report (2nd in 2016), and was ranked the fifth most competitive economy in the world by the Swiss International Institute for Management Development in 2017. In addition, the country was ranked the second most innovative nation in the world in the 2018 Global Innovation Index.
Title: Combat Hospital
Passage: Combat Hospital is a Canadian medical drama television series, filmed in Toronto, that debuted on Global in Canada on June 21, 2011. In the United States, it aired on ABC. Its final episode was broadcast on September 6, 2011. The series was known for a time by the working title "The Hot Zone" before reverting to the original title, "Combat Hospital".
Title: Greece
Passage: The Greek economy is classified as advanced and high-income. Greece was a founding member of the Organisation for Economic Co-operation and Development (OECD) and the Organization of the Black Sea Economic Cooperation (BSEC). In 1979 the accession of the country in the European Communities and the single market was signed, and the process was completed in 1982. Greece was accepted into the Economic and Monetary Union of the European Union on 19 June 2000, and in January 2001 adopted the Euro as its currency, replacing the Greek drachma at an exchange rate of 340.75 drachma to the Euro. Greece is also a member of the International Monetary Fund and the World Trade Organization, and is ranked 24th on the KOF Globalization Index for 2013.
Title: Tanzania
Passage: Advanced economies led global economic growth prior to the financial crisis with "emerging" and "developing" economies lagging behind. The crisis completely overturned this relationship. The International Monetary Fund found that "advanced" economies accounted for only 31% of global GDP while emerging and developing economies accounted for 69% of global GDP from 2007 to 2014. In the tables, the names of emergent economies are shown in boldface type, while the names of developed economies are in Roman (regular) type.
Title: Shark finning
Passage: Some studies suggest 26 to 73 million sharks are harvested annually for fins. The annual median for the period from 1996 to 2000 was 38 million, which is nearly four times the number recorded by the Food and Agriculture Organization (FAO) of the United Nations, but considerably lower than the estimates of many conservationists.
Title: Switzerland
Passage: The World Economic Forum's Global Competitiveness Report currently ranks Switzerland's economy as the most competitive in the world, while ranked by the European Union as Europe's most innovative country. For much of the 20th century, Switzerland was the wealthiest country in Europe by a considerable margin (by GDP – per capita). In 2007 the gross median household income in Switzerland was an estimated 137,094 USD at Purchasing power parity while the median income was 95,824 USD. Switzerland also has one of the world's largest account balances as a percentage of GDP.
Title: Economy of India
Passage: The economy of India is an underdeveloped mixed economy. It is the world's seventh - largest economy by nominal GDP and the third - largest by purchasing power parity (PPP). The country ranks 141st in per capita GDP (nominal) with $1723 and 123rd in per capita GDP (PPP) with $6,616 as of 2016. After 1991 economic liberalisation, India achieved 6 - 7% average GDP growth annually. In FY 2015 India's economy became the world's fastest growing major economy surpassing China. The long - term growth prospective of the Indian economy is positive due to its young population, corresponding low dependency ratio, healthy savings and investment rates, and increasing integration into the global economy.
Switzerland Food and Agriculture Organization