Impact of OECD country agricultural protectionism on developing countries. Lecture 30 Economics of Food Markets Alan Matthews. Developing countries harmed by OECD agricultural subsidies. Many studies purport to show Large gains from agricultural trade liberalisation
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Impact of OECD country agricultural protectionism on developing countries
Economics of Food Markets
“The presumption that such liberalization will broadly benefit the poor countries, implicit in the allegations that agricultural subsidies in the rich countries hurt the poor in developing countries, is unlikely to be supported by closer scrutiny in its unqualified form.”
“The existence of net losses for developing countries in some areas of reform should not imply that no reform is required—rather it suggests that a selective approach is needed.”
FAO World Agriculture Towards 2015/2030
The role of preferences and preference erosion