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Cashew: Rich Man's Food, Poor Woman's Crop Following Rodrik's 2002 article "When Econmic Reform Goes Wrong: Cashews in Mozambique" (download), we examine the crop's real potential for development and as a poverty-reducing activity. Specifically we address the role of cashews in raising farmer incomes and as a gateway to higher value cash crops. -- more

Latin America: Bye, Bye, FDI Despite growth throughout the world, invesment flows into Latin America, particularly Brazil, have decreased steadily since 1999. According to ECLAC’s “Foreign Investment in Latin America 2003 Report”, FDI in all of Latin America and the Caribbean in 2003 was US$36.5bn, down 19% from the previous year’s total. Mexico maintained its lead over Brazil, taking in US$10.7bn. Still, this was 25.6% below the level of the previous year. Brazil registered just US$10.1bn in FDI last year, for a 63.3% fall from its 2002 total. -- more

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