The 1966 Amendments to Public Law 480

Martin E. Abel

No 316634, Miscellaneous Publications from United States Department of Agriculture, Economic Research Service

Abstract: Excerpts from the report Summary: The 1966 amendments make Public Law 480 a more flexible instrument than previous P.L. 480 legislation for expanding export markets for U.S. farm commodities, and for fostering agricultural and total economic development and improving health and nutrition in the developing countries of the world. Under the new Act, developing nations will be required to demonstrate an adequate degree of self-help in agricultural development to be eligible for continued food assistance from the United States. They will have to show that steps are being taken to more rapidly increase per capita food and fiber production and to improve their storage and marketing facilities for agricultural products. The emphasis on self-help is designed to insure the effectiveness of food and other forms of assistance in achieving a better rate of economic progress in friendly developing countries.

Keywords: Agricultural and Food Policy; Food Security and Poverty; International Development; International Relations/Trade (search for similar items in EconPapers)
Pages: 10
Date: 1966-11
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersmp:316634

DOI: 10.22004/ag.econ.316634

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