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"Agricultural protection, particularly in high income countries, have induced overproduction, thereby depressing world commodity prices and reducing export shares of countries which do not support agriculture. One-and perhaps the only-effective way to bring a socially acceptable and politically...
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Agricultural protection and subsidies, particularly in high-income countries, have induced overproduction, thereby depressing world commodity prices and reducing export shares of countries which do not support agriculture. One - and perhaps the only - effective way to bring a socially acceptable...
Persistent link: https://www.econbiz.de/10014065977
In theory, moving from price-based subsidies for agriculture to less-distorted income support programs makes sense. In practice, income-support programs have many shortcomings, and developing countries may lack the support mechanisms needed to make them effective.Drawing on experience with...
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Following an 8-year long dispute over cotton subsidies, Brazil and the United States signed a Memorandum of Understanding on April 21, 2010, effectively paving the way for settling the dispute. This paper argues that cotton subsidies are just the tip of the iceberg while a number of other,...
Persistent link: https://www.econbiz.de/10012976001
Agricultural protection, particularly in high income countries, have induced overproduction, thereby depressing world commodity prices and reducing export shares of countries which do not support agriculture. One-and perhaps the only-effective way to bring a socially acceptable and politically...
Persistent link: https://www.econbiz.de/10012553995