U.S. edging closer to deflation?
Tuesday, July 27, 2010
But increasingly, economists and other analysts are expressing concern that the United States could be edging closer to a different problem - the kind of deflationary trap that cost Japan more than a decade of growth and economic progress.
And as Tokyo's experience suggests, deflation can be at least as tough a problem as the soaring prices of inflation or the financial pain of a traditional recession.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...