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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.

 

And Now, Digital Food (Will It Help the Poor?)

Last month Mastercard Worldwide and the World Food Program (WFP) announced a global partnership in “digital food”. The public-private partnership aims to harness Mastercard’s expertise in electronic payments to develop WFP’s electronic voucher programs. Can it work?

ONE Campaign Reminds the G-8 That Food Security Must Be a Top Priority

This is a joint post with Julie Walz.

Just ahead of the G8 summit on May 19 at Camp David, a new report by the ONE Campaign highlights the opportunity to focus on real and sustained investments in African agriculture that could impact the lives of millions. The report includes very timely recommendations for the heads of the G-8 and other world leaders:

Tough Love: Bill Gates Calls on the Donor Community to Do Better on Food Security

This is a joint post with Peter Timmer and Julie Walz.

“If you care about the poorest, you care about agriculture,” declared Bill Gates in a high-profile speech in Rome yesterday, at a meeting of the Global Council of the International Fund for Agricultural Development. IFAD is one of the three Rome-based UN food agencies; the other two are FAO, and WFP. The speech came after the announcement of an expanded partnership between the Bill and Melinda Gates Foundation and IFAD, which will focus on improving food security and rural livelihoods in South Asia and sub-Saharan Africa.

G-20 Endorses World Food Programme Hedging

This post is co-authored by Vijaya Ramachandran

Last week, the G-20 agriculture ministers meeting in Paris issued a communiqué calling for the World Food Programme to develop hedging strategies to purchase food. In a little-noticed section towards the end of a 24-page document, the ministers stated:

We invite the multilateral, regional and national development banks or agencies to further explore, in connection with the private sector as appropriate:

Development of hedging strategies that could help international humanitarian agencies, in particular WFP, to optimize food procurements and maximize the purchasing power of financial resources, building upon forward purchase… (Annex 5)

Can Food Aid Help Feed the Future?

The Partnership to Cut Hunger and Poverty in Africa held an event on Capitol Hill on Friday to launch an excellent report by Stephanie Mercier, a former Senate Ag Committee staffer. I had the pleasure of serving as a discussant.  Though the report title focuses on food aid and the next farm bill, the report also covers the evolution of U.S. food aid and the modest but important improvements that were made in the 2008 farm bill.

Still Time to Prevent Another Food Price Crisis—and the One after That?

This is a joint post with Vijaya Ramachandran.

The UN’s Food and Agricultural Organization (FAO) recently reported that the December 2010 Food Price Index surpassed the peak reached in June 2008. A closer examination of the data, however, provides some modest hope that the worst effects of the 2007-08 price spikes can be avoided, with luck and better policies.

First, it is important to note that only two of the five components of the Food Price Index were above 2008 levels—meat (slightly above) and sugar (more than twice as high). Second, as shown in the chart below, staple grain prices, which are key to preventing hunger among the poor, are increasing sharply, while rice and, to a lesser degree, wheat remain well below their 2008 peaks. Maize is the exception, thanks in part to U.S. policies supporting corn-based ethanol that bring to mind the zombies populating popular culture—they just won’t die!

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