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Views from the Center

CGD experts offer ideas and analysis to improve international development policy. Also check out our Global Health blog and US Development Policy blog.

 

Rice Prices Fall After Congressional Hearings But Crisis Not Over Yet

This post is joint with Tom Slayton, a rice trade expert and former editor of The Rice Trader
It has been a busy week in the rice markets following CGD's release on Monday of our note about how to puncture a speculative price bubble that threatens millions of people with malnutrition and worse (see Unwanted Rice in Japan Can Solve the Rice Crisis--If Washington and Tokyo Act ). On Wednesday our proposal was discussed at hearings on the world food crisis in both the House and Senate.

How NOT to Fix the Global Food Crisis -- France Says Poor Countries Should Provide EU-Style Farm Subsidies, while U.S. Farm Bill Puts Vested Interests First

And now for a really bad idea: according to the Financial Times Michel Barnier, France's farm minister, told a food crisis summit in Berne that Africa and Latin America should adopt their own versions of Europe's Common Agricultural Policy -- massive trade-distorting subsidies -- as a response to rising demand for food.

The Economics and Politics of CARE's Decision to Pass Up Millions in U.S. Food Aid

I join my colleague Rachel Nugent in offering Three Cheers for CARE Decision to Forego U.S. Food Aid!
U.S. food aid has a long and complicated history. Most people think of food aid as "doing good"—feeding the starving—and it is often used for this purpose. However, large amounts of food aid are sold to finance development projects, often administered by the U.S. or by NGOs. And, in the process, food aid can actually do harm.

Three Cheers for CARE Decision to Forego U.S. Food Aid

Huge kudos to CARE for taking a bold and reasoned stand on how best to deliver food aid to developing countries. Kudos as well to the New York Times for yesterday's front page coverage of the CARE decision—how remarkable to see food aid so prominently featured in the NYT!—and its other recent coverage (subscription required) of how U.S. policy affects poor African farmers. As the NYT reported: