Agricultural trade barriers and producer subsidies inflict real costs, both on the countries that use these policies and on their trade partners. Trade barriers lower demand for trade partners' products, domestic subsidies can induce an oversupply of agricultural products which depresses world...

For the southern Africa region, both a grain stocking program and an import insurance program would have reduced food supply variability more than historical food aid during 1970-95. The stocking program and the import insurance program would have been less expensive than food aid from a donor...