If anyone ever mentions the EU
Common Agricultural Policy (CAP), its almost always to rant about how the massive subsidies given to European (and US) farmers hurts the exports of poor African farmers. Daniel Davies
argues otherwise in The Guardian's blog
Comment is Free , saying that the subsidised commodities (sugar, grains etc.) wouldn't have been produced more efficiently by Africans anyway and that these subsidies make food cheaper for the global poor. There's a caveat: cotton subsidies *are* evil, because poor countries like Mali and Ghana *do* have a comparative advantage in cotton production but are unable to capitalise on it because of these subsidies. [Another caveat from me: the said subsidies are good for the African poor, *not* for resident Europeans.]
(Thanks to
Crooked Timber, which I am finding more and more interesting.
Update: Daniel Davies also has an
interesting post about a paper from the "Maharishi University" that talks about the effects of Rishis meditating on peace in the Middle East.)