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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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Department of Communication and Creative Arts

Purdue University Calumet
Hammond, Indiana
46323-2094, USA

Telephone:
219-989-2880 or
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Fax: 219-989-2008

 

"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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