Does the provision of livestock insurance raise the unintended consequence of stimulating excessive herd accumulation and less environmentally-sustainable herd movement patterns? The impact of insurance is theoretically ambiguous: if precautionary savings motives for holding livestock assets...

This study employs a multivariate Tobit model to investigate whether food aid flows of the main donor countries – USA, EU (Community Aid and Member States), Canada, Japan and Australia – respond to recipient countries’ needs and the extent to which the donors interact in their food aid...

This paper summarizes a few key findings from a rich and growing body of research on the nature of rural poverty and, especially, the development policy implications of relatively recent findings and ongoing work. Perhaps the most fundamental lesson of recent research on rural poverty is the...

Replaced with revised version of paper 07/20/10.

Much has changed in the 50 years since modern food aid began with the enactment of U.S. Public Law 480 in 1954. Yet contemporary policy debates often become derailed by failures to appreciate the significant changes that have already occurred. This paper identifies the most important of these...

Fifty years ago, President Eisenhower signed the Agricultural Trade Development and Assistance Act of 1954 into law as US Public Law 480. This article addresses how food aid can become a more effective tool for reducing poverty and hunger and reducing costs without sacrificing any benefits to US...