We have discussed the benefits and drawbacks of food aid. In the Core unit 2, Disparities in Wealth ad Development, we discussed the benefits and drawbacks of trade and market access.
Instead of food aid, many economists and NGOs have pointed to trade as the best way to alleviate poverty and hunger in LEDCs. The problem is that trade is not always regulated and does not always benefit all parties involved equally.
Each of you will read one of the following articles. And explain it’s content to the class.
Section 1: Fair Trade
Section 2: Aid
OXFAM on Aid
Section 3: Market Access
In groups, answer the following question:
- Fill in this table listing the benefits and drawbacks of each.
- Prepare a short answer to this question:
- How are food aid, free trade and increased market effective in reducing food shortages and food insecurity?