OECD SUBSIDIES REPORT
February 1st, 2003
BY KEITH NUTHALLFARMERS may know them as the high priests of capitalism and expect them to preach against agricultural subsidies, but a recent report from the Organisation for Economic Cooperation and Development (OECD) has laid bare doubts that a truly effective farm support system has yet been invented, let alone implemented.In fact, the Paris-based OECD says subsidies are often so badly designed, they simply do not reach the food producers who need it most: the hard-up ones. It claims that most subsidies are inefficient in providing increased income for ...
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