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Don't wait until the cows come home

Article Abstract:

Agricultural policy can be very difficult to reform, as many governments the world over have tried and failed. New Zealand, which has substantially reduced subsidies, provides a model which suggests that radical reform may be easier to implement that gradual reform.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
New Zealand

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They reap as they sow

Article Abstract:

Farm subsidies and price supports have existed for centuries, but now they are incredibly wasteful and completely outmoded for world markets. These agricultural policies have a negative effect on employment, the budget deficit, and other economic matters.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
Agricultural price supports

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The new Corn Laws

Article Abstract:

While the world rejects central planning and rushes toward free trade agreements the international agricultural market remains heavily managed and subsidized. There are signs however that farm protection and price supports may gradually be reduced.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
Industrialized countries, Industrial nations

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Subjects list: Economic aspects, International aspects, Agricultural subsidies, Agricultural policy
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