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This report examines the potential impact, both at home and abroad, of distributing surplus food commodities at concessional prices to provide direct benefits to low-income consumers in the short run, and to promote economic development and raise real income levels in the long run. The problems of low-income consumers in the ghetto of New York or Los Angeles are the same as those of low income consumers in Bombay, India, or Seoul, Korea; only the degree of seriousness is different.
Center for Agricultural and Economic Development, Iowa State University
Agricultural and Resource Economics | Agricultural Economics | Agriculture | International Economics | Natural Resource Economics | Natural Resources Management and Policy
Center for Agricultural and Economic Development, Iowa State University; Rogers, Keith D.; Mayer, Leo V.; and Heady, Earl O., "Utilization of U.S. farm surpluses for welfare and development programs at home and abroad" (1972). CARD Reports. 39.