Agricultural Subsidies, Food Security and Trade

The Texas Tech analysis “Crop Subsidies in Foreign Countries: Different Paths to Common Goals” is an update of a study first completed in February 2007. Increasing production of ethanol, increasing agricultural subsidies and the current worldwide recession caused the authors to reassess the situation for 21 major developed and developing countries. The study notes in the introduction that, “Virtually all countries, through their governments, interfere with the markets for agricultural products through a public policy framework. The amount and types of interference vary greatly among countries and the tools used to ‘manage’ them include trade protection, input and product subsidies, and a wide variety of price and income support programs.”

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