President Bush recently called on
Congress to increase U.S. food aid and development
programs by $770 million. In a recent op-ed, Noam Unger,
senior manager of Brookingsí Foreign Aid Reform
Project, discusses how U.S. assistance programs should
be strengthened in order to improve the effectiveness of
Americaís aid during the global food crisis and beyond.
Read More
Foreign Assistance Reform, Foreign
Aid, Global Food Crisis, Global Governance, Development
Missing from the recent IMF-World Bank ministerial
meetings was an understanding that policy development
needs to be an interactive process, one that includes
financial officials and law makers. Colin Bradford
advises the world's legislators must be brought into the
conversation about global development in order for these
discussions to†evolve into successful action. Read
More Global Governance, International Monetary Fund,
Financial Services, World Bank, Global Economics Rising
food prices partly reflect the spillover from high
energy costs, and are causing major problems for poor
people. Homi Kharas argues for more development
assistance for agriculture production to increase food
supplies in the long run as well as for more assistance
for sustainable development projects to create jobs and
higher wages so that poor people can afford the rising
costs of food. While the World Bank and the
International Monetary Fund Spring Meetings made recent
headlines, the Global Philanthropy Forum, gathering top
private aid donors, fell in the shadows. These private
aid donors will likely give more aid to the worldís
poor this year than the institutions that convened the
Spring Meetings. Raj Desai and Homi Kharas compare these
two events and discuss how private aid can help to
relieve global poverty.
Rising Food Prices: a Global
Crisis
The head of the U.N. Food and
Agriculture Organization urged help Wednesday for
countries affected by a global food crisis caused by
sharp increases in the prices of rice and wheat.