Wednesday, December 10, 2008

World Bank and Agriculture

Bloomberg has this chronicle of how the World Bank's obsessive pursuit of free-market and free trade policies have decimated agriculture production in many developing countries and severely affected food security.

1 comment:

Anonymous said...

"producing goods that they are more efficient at"
Who decides efficiency? what is the measure?
Massive export subsidies to own farmers , high tariff barriers (as high as 900%)on value added products, non tariff barriers such as raising issue of employment of children in poor countries as labour...??
As is said there are no friends in world , there are only selfish interests!! Taking "friendly advice" can only be at one's peril.