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Foreign Policy In Focus | World Beat | Vol. 3, No. 23 | Free Trade Follies

Free trade, argues FPIF columnist Walden Bello, has certainly not brought benefits to Africa. Kicking off what will be an FPIF series on the food crisis, Bello argues in Destroying African Agriculture that “trade liberalization allowed low-priced subsidized EU beef to enter and drive many West African and South African cattle raisers to ruin. With their subsidies legitimized by the WTO’s Agreement on Agriculture, U.S. cotton growers offloaded their cotton on world markets at 20-55% of the cost of production, bankrupting West African and Central African cotton farmers in the process. These dismal outcomes were not accidental. As then-U.S. Agriculture Secretary John Block put it at the start of the Uruguay Round of trade negotiations in 1986, “the idea that developing countries should feed themselves is an anachronism from a bygone era. They could better ensure their food security by relying on U.S. agricultural products, which are available, in most cases at lower cost.”

Tags: agriculture, free-trade, food-crisis on 2008-06-28 -All Annotations (0) -About

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The Deliberate Agrarian: Roots of the Current World Food Crisis

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Global Market Brief: Food Cost Crises | Stratfor

"The U.S. Department of Agriculture reports that global grain reserves have plummeted to the lowest level since 1960."

Tags: food, food-crisis, agrarianism on 2008-04-25 -All Annotations (0) -About

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