Tagged: trade
Small farmers in developing countries have not benefited from higher food prices, thanks in part to flawed trade and agricultural policies that have made them vulnerable and weakened their positions in markets, said international agency Oxfam in a new report released today, World Food Day.
Once almost self-sufficient, Haiti now imports 80 percent of the rice it consumes. A dramatic cut in import tariffs lead to a drop in national rice production.
Aware of Starbucks’ status as a global brand interested in maintaining its socially responsible reputation, Oxfam used grassroots activism and strategic media to draw attention to the issue. Now, Ethiopian farmers coaxed a groundbreaking agreement out of Starbucks.
Cotton subsidy reform could substantially improve the welfare of over one million West African households—10 million people.
For millions of farmers like Al-Hassan across Africa, Asia, and Latin America, growing rice is their only hope for getting out of poverty. However, cheap imports are undermining their prospects of a better life.
We’re all feeling the pinch as the costs of basic foods like rice, corn, and wheat again reach record highs. But the world’s poorest people are suffering most.
If the new trade agreements are skewed in favor of Europe’s rich countries, then they are more likely to increase rather than reduce poverty.
RTAs are being negotiated between rich countries and poor countries, and deals are being pushed through at unreasonable pace and with unfair rules, leaving poor countries without the time or the space to develop the best trade policies for their people.
Regional Trade Agreements between equal partners can be beneficial to both – but between a rich and a poor economy, the stronger economy always comes out on top.
