Essay Examples on Ravensbourne University London

The plight of the fanners in developing Countries

The plight of the fanners in developing countries is directly linked to the level and kind of subsidy given to the farming sector in the developed world Exporters of agricultural produce from developing countries face a protection of four to seven times higher than the manufacturing sector while exporting to developed countries b The agriculture subsidies provided by the OECD countries are more than six times what they spend on official development assistance for developing countries c OECD governments support sugar producers at the rate of US 6 4 billion annually an amount nearly equal to all developing countries exports d The distortions in the trade of agricultural commodities created through the high level of subsidies in the developed countries shut out the potentially more competitive agricultural products from developing countries like India This poses high risk to the very livelihood of more than 650 million people in India who are solely dependent on agriculture e 

1 pages | 306 words