Michael Carter: USAID Award for Development Economics
April 5, 2012
The US Agency for International Development selected the University of California, Davis to implement the BASIS Assets and Market Access Collaborative Research Program. Under the direction of Professor Michael Carter of the Department of Agricultural and Resource Economics, the BASIS program will over the next five years manage a $25 million dollar research budget to help USAID and the international community better understand the root causes of persistent poverty and food insecurity, improve the resiliency of poorer households and communities, and increase the capacity of poorer households to engage in and benefit from agriculture-led economic growth.
The UC Davis BASIS Program will fund research to design and rigorously test the efficacy of financial technologies and other complementary innovations that lay the foundation for inclusive agricultural growth. BASIS will cooperate with the I4 Index Insurance Innovation Initiative (already housed at UC Davis) and other research partners world-wide. A first call for research proposals to help implement this ambitious agenda will be issued by BASIS in the near future.
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