Extreme poverty, drought and famine continue to afflict people in many parts of the world. Food aid has occupied a central role in the response to these problems, and there have been notable successes, yet there is doubt and criticism about the appropriateness of food aid. Is food aid doing more...

Since the summer of 1982 the banking community has been faced with an international debt crisis of unprecedented dimensions. The debt rescheduling agreements that have been negotiated since then involve sums totalling no less than $ 100 billion. However, they give the international financial...