Publication
Apr 2010
The World Food Programme has world-class logistics, but its ability to manage financial risk is extremely limited. The WFP procures 100 percent of its food through spot markets, which subjects it to substantial commodity and transport price risks and significant delays delivering food. Relying on reactive emergency appeals and on donors that tend to earmark contributions and make commitments one year at a time only adds to operational inflexibility and uncertainty.
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English (PDF, 31 pages, 919 KB) |
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Author | Vijaya Ramachandran, Benjamin Leo, Owen McCarthy |
Series | CGD Working Papers |
Issue | 209 |
Publisher | Center for Global Development (CGD) |
Copyright | © 2010 Center for Global Development (CGD) |