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Views from the Center

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New Poll Confirms that Congress Doesn't Listen to Voters When Lavishing Subsidies on Farmers

When I was writing my book, Delivering on Doha: Farm Trade and the Poor, I came across a 2004 poll showing that Americans, including in farm states, support subsidies only for small farmers and only in bad years. Last week, another poll by the Program on International Policy Attitudes at the University of Maryland was released showing that attitudes haven’t changed. The reality, as I discussed in my book, is that the top 20 percent of recipients receive 80 percent of all payments.

G-20 And IMF Rhythms: The Problem Is Not the Direction but the Speed

If the commitments made last week by the heads of state at the G-20 meeting materialize quickly, this is good news indeed. The increase in available IMF and MDB resources for middle- and low-income countries, along with IMF’s announcement of a Flexible Credit Line which will allow countries to borrow amounts without pre-determined limits or conditionality, are crucial for helping these countries cope with the impact of the financial crisis.