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Views from the Center

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Can We Provide Better Financing for Food Aid in Emergencies?

This is a joint posting with Owen McCarthy and Julia Barmeier

The events in Haiti have demonstrated the reactive nature of emergency response—specifically the myriad of appeals for funding for food, medicines and basic supplies. While these initiatives can produce positive results for the disaster victims, they are often encumbered by long delays, which mean that people stay hungry and sick for days, weeks or even months. The United Nations says that it is currently feeding 4,000 people, and hopes to feed 2 million people within a month.

Japan Should Release Surplus Rice ahead of G8

Over the past few weeks, rice consumers in Africa and other developing countries have watched anxiously as world prices have fallen steadily, at least in part due to our insistence that Japan and other countries have stocks that can be released on world markets . It is now clear that the speculative bubble has burst -- the "dynamic" in the market is bearish despite set-backs on individual policy fronts. The pressures on rice prices continue to be downward despite everything governments are doing to keep prices up.

President Bush Can and Should Do More to Address the Food Crisis: Let Japan Sell Its Rice Reserves

This posting is joint with Vijaya Ramachandran

Today, President Bush called on Congress to provide another $770 million in food aid, in addition to the $200 million already allocated through the Department of Agriculture,in order "to keep our existing food aid programs robust."

There is no doubt that these additional funds are much needed to purchase and distribute food to those who are suffering greatly from the current spike in food prices. But the U.S. can and should do more. Specifically, the U.S. must allow Japan to sell, at full cost on Japanese books, the 1.5
million metric tons of rice that it has in storage. About 600,000 tons is
Thai and Vietnamese long-grain rice (high quality) and the rest is US medium
grain (good rice). All of the rice is in Japanese warehouses because of an
agreement with the World Trade Organization, and the U.S. as "cognizant
observer" of the rice agreement, would need to approve the sale of both
the
US and the Thai/Vietnamese rice. Japan currently cannot release this rice
to the World Food Program (or to the world market) without permission from
the U.S., and the Bush administration is yet to move on this.

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