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An Imbalance of Power. Cesar Ferrari and Carlos Novoa.

by Ferrari, Cesar; ProQuest Information and Learning Company.
Series: SIRS Enduring Issues 2005Article 6Business. Publisher: America, 2004ISSN: 1522-3191;.Subject(s): Agricultural subsidies | Agriculture -- Economic aspects | Developing countries -- Economic conditions | Free trade | Group of Twenty | North and South | United States -- Economic policy | World Trade OrganizationDDC classification: 050 Summary: "Last September, the ministerial meeting of the World Trade Organization in Cancun, Mexico, failed. The agreed-upon agenda was overpowered by topics that favored the United States, Europe and Japan. The issues of state procurements, foreign investment, intellectual property and competition were given precedence over the issue of agricultural subsidies--the various financial support programs that developed countries use to bolster their agricultural economies. As a result, the Group of 21 (G21), composed of developing countries harmed by the agricultural subsidy programs, rejected the developed countries' proposals." (AMERICA) The authors discuss how the US agricultural subsidies undermine free trade.
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REF SIRS 2005 Business Article 6 (Browse shelf) Available

Articles Contained in SIRS Enduring Issues 2005.

Originally Published: An Imbalance of Power, March 1, 2004; pp. 20-23.

"Last September, the ministerial meeting of the World Trade Organization in Cancun, Mexico, failed. The agreed-upon agenda was overpowered by topics that favored the United States, Europe and Japan. The issues of state procurements, foreign investment, intellectual property and competition were given precedence over the issue of agricultural subsidies--the various financial support programs that developed countries use to bolster their agricultural economies. As a result, the Group of 21 (G21), composed of developing countries harmed by the agricultural subsidy programs, rejected the developed countries' proposals." (AMERICA) The authors discuss how the US agricultural subsidies undermine free trade.

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