|(Photo credit: Peter Casier)|
|Malawi (Photo credit: Peter Casier)|
In a study titled “The Timeliness and Cost-Effectiveness of the Local and Regional Procurement of Food Aid,” the authors confirm an obvious assumption, that the “procuring of food locally or distributing cash or vouchers results in a time savings of nearly 14 weeks, a 62 percent gain in timeliness.” Time saving is crucial for countries experiencing substantial food shortages.
In addition, the study indicates that the LRP (Local & Regional Procurement of Food Aid) is not always superior to transoceanic food aid in cost-effectiveness terms. This maybe why 55 percent of food, in the new proposal, would continue to be purchased from American farmers. Read more...