Wednesday, July 06, 2005

The Subsidies Have to Go

This is true irrespective of their effects on the African economy, which have not been good, to say the least. Of course, I would say that the CAP subsidies provided to European farmers, especially French ones, have done greater harm for two reasons. The first is that Europe's proximity to Africa makes it a more natural market for African produce. Also, European farmers are paid to grow, while American farmers are paid not to grow, preventing a collapse in prices due to excessive supply.

Another problem is the EU's paranoia about GM foods. Their ban on GM foods has prevented the sale of higher yield crops that are more resistant to disease and pests.

Of course, the greatest problems for the countries of Africa are still domestic. Political corruption, ineptitude and tyranny are the greatest obstacles facing the countries of Africa, especially places like Zimbabwe and South Africa.

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