Gupta, Sanjeev; Clements, Benedict; Tiongson, Erwin R. - 2021
Global food aid is considered a critical consumption smoothing mechanism in many countries. However, its record of … stabilizing consumption has been mixed. This paper examines the cyclical properties of food aid with respect to food availability … transition economies, covering 1970 to 2000. The results show that global food aid has been allocated to countries most in need …