U.S. Farmers Subsidy In July Term Paper

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It is estimated that the U.S. subsidies cost the poor cotton-producing countries about $250-300million in lost export revenue and GDP (Trade pp). To put figures in perspective, it is estimated that the $3.9 billion a year that the United States spends on cotton subsidies is greater than the entire GDP of a poor cotton producer such as Burkina Faso, and the amount it spends per acre is greater than annual GDP per head there (Trade pp). The U.S.'s cotton subsidies are more than 3 times the amount of the USAID budget for Africa (Trade pp). The loss of revenue to countries such as Burkina Faso, Benin, and Chad as a result of the subsidies is greater than the...

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"Fairer deal needed for Third World farmers; Michael Smith attends a farmers' dialogue on tackling poverty: World Farming."
For A Change. October 01, 2004. Retrieved July 28, 2005 from HighBeam Research Library Web site.

The Trade Effects of U.S. Agricultural Policy." Retrieved July 28, 2005 at http://64.233.179.104/search?q=cache:1CT_sm8UI1kJ:www.dti.gov.uk/ewt/agricus.pdf+Effects+of+U.S.+agricultural+subsidies+&hl=en

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Works Cited

Smith, Michael. "Fairer deal needed for Third World farmers; Michael Smith attends a farmers' dialogue on tackling poverty: World Farming."

For A Change. October 01, 2004. Retrieved July 28, 2005 from HighBeam Research Library Web site.

The Trade Effects of U.S. Agricultural Policy." Retrieved July 28, 2005 at http://64.233.179.104/search?q=cache:1CT_sm8UI1kJ:www.dti.gov.uk/ewt/agricus.pdf+Effects+of+U.S.+agricultural+subsidies+&hl=en


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