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Foreign
Direct Investment:
Subsidies/Grants
This paper argues that like protectionism, export
subsidies favor the few at the expense of the many, which makes the
economy less efficient and reduces total national welfare.
This article criticizes legislation that increases
agriculture spending by $82.8 billion over the next 10 years. Also,
it illustrates how the European Union is prepared to challenge the subsidies
before the World Trade Organization, which the article argues raises the
prospect of a nasty trade war.
This web site provides research
papers that focus on how rich countries spend billions of dollars
subsidizing their agricultural sector, leading to chronic overproduction
and dumping surpluses on global markets. It argues that poor countries
demand reform of this trade practice that impoverishes small-scale farmers
while enriching large agri-business.
Business
Week Online reports that the latest round of world trade talks is
floundering, as rich countries insist on keeping farm subsidies high,
at the expense of poor nations.
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Contact
Us:
Department
of Communication and Creative Arts
Purdue
University Calumet
Hammond, Indiana
46323-2094, USA
Telephone:
219-989-2880 or
219-989-2393
Fax: 219-989-2008
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"Peace is a daily, a weekly,
a monthly process,
gradually changing opinions, slowly eroding old barriers,
quietly building new structures."
-- John F. Kennedy
"Imagine
all the people living life in peace.
You may say I'm a dreamer,
but I'm not the only one.
I hope someday you'll join us,
and the world will be as one."
-- John Lennon
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