Aid Overhaul Former USAID administrator Brian Atwood, who now leads the OECD's umbrella Development Assistance Committee, says that 30 percent of the world's annual $130 billion in foreign aid may be wasted. He called for cash aid in lieu of commodities, an end to the Jones Act, ethanol, subsidies for crop production and improved coordination by donors. Edward Clay of the Overseas Development Institute says that renegotiation of the Food Aid Convention should be completed soon. Most food aid is committed to emergencies, and cash-based aid has increased as a methodology, but overall donor support for food aid has declined. (e.g. Presumably, the loss of direct income benefit from commodity aid causes a drop in public support for cash aid f...