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Ride high food prices to cut subsidies, boost production: OECD
PARIS AFP — Industrialised countries should seize the opportunity of high world food prices to cut subsidies for farm production, the OECD advises in a review of agriculture policies. Published as the World Trade Organization gears up for an attempt to break through agriculture, subsidies and other issues blocking...
Reducing distortions to agricultural incentives: progress, pitfalls, and prospects
Most of the world's poorest people depend on farming for their livelihood. Earnings from farming in low-income countries are depressed partly due to a pro-urban bias in own-country policies, and partly because richer countries including some developing countries favor their farmers with import barriers and subsidies. Both sets of policies...
Farm aid poison for world trade aims.
Byline: Tim Colebatch Jun 22, 2006 (The Age - ABIX via COMTEX) -- The OECD's annual farm subsidies report has found that direct support to Western farms represents 30 per cent of farm income. In countries such as as Japan, Korea and Switzerland...
The "bidding war" to attract foreign direct investment: the need for a global solution
It is a widely accepted practice by governments to grant tax incentives to entice and retain foreign direct investment FDI. Since many countries seek to attract FDI, an "incentive competition" or "bidding war" between countries takes place, whereby some countries attempt to offer foreign investors the most favorable inducements. According...
OECD 'encourages establishment' of alternative energy, not subsidies.
Governments should encourage the development of agricultural products like corn for alternative energy sources but avoid using subsidies to do this, the Organization for Economic Cooperation & Development OECD said in a new report. Governments should encourage the development of agricultural products like corn...
OECD praises Canadian environment record but says much still to do
PARIS AFP — Canada's efforts to improve its environment have yielded positive results in recent years, a report said, but much remains to be done in many domestic areas and in meeting international obligations. A review of the country's environmental performance, prepared by the Paris-based Organisation for Economic Cooperation...
NAFTA members look to eliminate steel subsidies.
MEXICO CITY, Sep 29, 2004 (El Economista/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Mexico, the United States, and Mexico will propose to the Organization for Economic Co-operation and Development OECD that subsidies on steel production be eliminated, reported Kenneth Smith, general manager of International...
BIOMASS: OECD CALLS FOR NEW DEVELOPMENT STRATEGY.(Organisation for Economic Co-operation and Development)
The OECD report considers that financial incentives for bio-products, currently used in many countries, should be avoided as they distort markets and lead to a long-term dependency on subsidies. The entire farming industry is under pressure to reduce The OECD report considers that financial incentives for...
OECD Releases New Study Encouraging Use of Biomass
The Organization for Economic Cooperation and Development OECD recently released a new report that encourages governments worldwide to forego providing financial incentives or subsidies for bio-based products in favor of measures that promote technical innovation "to stimulate demand and boost the supply of bioproducts." According to the report, financial...
OECD plans to reconvene steel subsidy talks in 2005.(Steel Trade Wars)(Organization for Economic Cooperation and Development)
After two years of high-level talks, negotiators from the world's major steel-producing nations failed to reach an agreement to cut subsidies for steelmaking firms. So, the talks to end controversial steel subsidies worldwide broke down this summer After two years of high-level talks, negotiators...
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