In the past, a rather late realization of acute and large-scale food shortages often contributed to insufficient preventive or remedial action. Against this backround a Working Party set up by the FAO Committee on World Food Security has suggested a number of "objective indicators" which are...

In view of the urgency and size of the problem how to feed the world’s population, the framework given to the recent World Food Conference did not seem to be over-extended. The poor results, however, give again rise to the general question whether international mammoth meetings like the one in...

This paper empirically investigates whether donor countries punish sovereign defaults by reducing foreign aid ows. Our findings reject the hypothesis formulated in the theoretical literature that a default leads to a loss of foreign aid for the defaulting country. Creditor countries directly...