The cost of operating the Food Security Commodity Reserve as a commodity reserve was compared with the cost of a cash reserve to purchase food aid supplies only in the period of need. Preliminary simulation results reveal the cash reserve to be less costly in almost all cases.

The participants at the food summit organized by the Food and Agriculture Organization (FAO) in 1996 pledged to reduce the number of hungry by half by 2015. Measuring and quantifying food insecurity is a crucial component of making progress towards that goal. This paper presents one possible...

Brazil, a country with a population of more than 170 million, has embarked on a path to eradicate hunger and poverty. President Luiz Inácio Lula da Silva (commonly known as "Lula") declared as his goal to cut the number of hungry people to zero during his presidency. Poverty and hunger afflict...

Replaced with revised version of paper 07/14/04.