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Argentina has reformed its public finance system and reversed years of economic decline and deficit spending. This study recommends policy options to speed the already impressive progress. These options would expand the ambitious reform program already under way. This study shows how to sustain balanced public finances over the medium term. It describes ways to sustain price stability and economic growth while providing a cushion against unexpected downturns. Also examined are ways to improve social services while reducing the size of government. Researchers discuss key reforms that could boost the fiscal surplus by as much as 1.4 percent of gross domestic product. They look at ways to build...
As a result of the declining contribution of rice based farming in East Asia, investment in agriculture must diversify to maintain rural incomes. In the short term, countries should : 1) diversify toward crops for which there is a promising market ( fruits, vegetables, livestock products ) rather than sugar, rubber, coconuts and palm oil; and 2) expand small scale industry, marketing, and construction in rural areas. Long term needs include : a) higher yielding secondary food crops; b) better integration of livestock and crop production; c) more flexible irrigation and drainage systems; and d) improved technology to lower the cost of production. The paper concludes that the challenge to agriculture in East Asia is to sustain rice farming whicle expanding into a more flexible, diverse agriculture. The task for aid agencies will be to come up with suitable analytical skills and technical knowledge for the switch from commodity based project lending to broader sectoral support.
This paper reports on two methods for identifying alternative indicators of chronic and acute food insecurity for use in targeting food aid. Alternative indicators are needed because many of the “benchmark†or “gold standard†indicators (such as household income or dietary intake) are too cumbersome to be of practical use in targeting food aid. The ideal alternative indicator should be statistically reliable yet straightforward to collect and analyze.