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Sam Loewenberg at Politico has an interesting story that describes the odd coalition that has emerged in opposition to ethanol subsidies -- development and humanitarian NGOs, the livestock and food processing industries, and big oil. As Sam reports:
For poor developing country farmers and their advocates, the farm bill that passed the House of Representatives on Friday could hardly be worse news. Dissatisfaction with existing farm legislation is widespread and, with commodity prices high, it seemed as though a real opportunity existed to both reform America's costly and inequitable farm policy and give the stalled Doha Round of trade negotiations a boost. But those hopes have been at least temporarily dashed.
The development world was electrified today by the news that Muhammad Yunus and the institution he founded, the Grameen Bank, will share the 2006 Nobel Peace Prize "for their efforts to create economic and social development from below." As an economics professor at Chittagong University in Bangladesh in 1976, Yunus led his students in an innovative experiment: making tiny, short-term loans to people in the nearby village of Jobra.
After years of neglect, agriculture is back on the agenda. In June the World Bank announced that it would prepare a World Development Report on Agriculture for Development for publication late next year.
This report by Nancy Birdsall, Adeel Malik and Milan Vaishnav was prepared for the World Bank's Operations Evaluation Department. The report focuses on the role of the World Bank in support of poverty reduction during the period beginning in 1990 and concluding in 2003. It reviews and discusses the Bank's analytic work and its efforts to bring change through policy dialogue and lending programs.