Friday, October 3, 2003
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Your weekend reading
Arvind Panagariya has an excellent essay in Foreign Policy that points out the true costs and benefits from free trade. You should read the whole thing, but here's what Panagariya says about who benefits from the removal of agricultural subsidies:
He also makes a cogent point about which group of countries are protectionist:
Give it a look. posted by Dan on 10.03.03 at 11:36 PMComments: Agribusiness subsidies actually hurt 3rd world countries? Barriers are greater there? - Wow, I do have to read the whole piece.......maybe Panagariya can prove that black is actually white. Comparing tariff barriers for nations with unfinished goods with a nation like the US is just simplistic and bad analysis. Instead of recommending the article, perhaps you'd like to weigh in on the conclusions? posted by: Dan on 10.03.03 at 11:36 PM [permalink]Post a Comment: |
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