Tag: Subsidies

Subsidizing Poverty (Part Two)

It’s not only poor subsistence farmers in developing countries who pay the price for agricultural subsidies—we all do. Literally. The subsidies paid to the agricultural industries in rich, Western countries are funded by we, the taxpayer. In the United States, this amounts to about $286 billion in taxes under the 2008-2012 Farm Bill, or approximately …

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Farm Subsidies in Africa and USA

Following my previous blog discussing how rich-country agricultural subsidies hurt developing countries in Africa, this video provides a picture of the ways some African farmers are struggling to sustain themselves. While Subsidizing Poverty (Part One) discusses how rich-country subsides contribute to poverty through price depreciation, this video explains how subsidies implemented by poor countries actually …

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