"Solving Asia's Food Crisis"

Haruhiko Kuroda, Asia Development Bank | May 6, 2008

The rise in food prices threatens the success of poverty reduction in Asia. ++ Rather than subsidies, price control, and export caps, governments should focus on targeted income and cash support measures as short-term remedies. ++ This will give better coverage to those in need, and allow governments greater flexibility in boosting agricultural investment, creating incentives for increased production, and addressing long term concerns such as technology, infrastructure, and institutional efficiency.