Other Institutions Failing

Biopact posts are always smart and thoughtful:

Pedro Sanchez, director of the Tropical Agriculture Program of the Earth Institute at Columbia University and 2002 World Food Prize Laureate, has some interesting numbers on the unsustainable costs of food aid.

They show that the multi-billion dollar food aid industry is in a crisis because of rising costs.

But there is a very positive side to this crisis: it has now become rational and profitable to invest in local farmers…

…at last, there is a glimmer of hope that this inefficient and morally questionable [food aid] industry can be phased out.