Thursday, December 15, 2005

...regarding the DOHA round

Well, pictures speak a thousand words. So I'll let this cartoon from the economist tell the story so aptly portrayed.

oh, what the heck. I'll add a few words from an article in the Guardian today:

"...Developing world economies today turned on rich nations at the World Trade Organisation talks in Hong Kong over their reluctance to open up farming markets."

"...Developing economies say the EU, US and other rich nations must cut subsidies to their farmers and tariffs blocking imports as part of a global free trade deal."

"...The World Bank added to the indignation expressed by the least developed countries over their treatment at the WTO meeting, saying there had been much talk about development but too little action. "

So what's new? I could have predicted this outcome and saved all that money and time spent at these meetings. It's no wonder the book-keepers won't take any wagers on the outcome of the trade talks. I'm not being pessimistic, I'm being realistic.

If those responsible for distorting world markets want to do something about it, it won't be because a trade-round made them. It will be because they want to. And from that, I can infer that they don't want to, regardless of the consequences, which they are well aware of.

Let's face it, this problem and its ruthless consequences are not the backyards of the perpetrators. From their cloud-nine perspective, they don't give a damn!!!


Blogger R said...

It's amazing how so little progress can be made over such a long time.

You're right, everyone knows what ought to be done but those who have the wherewithal to get it done are not willing to do it.

Everybody should just admit that and quit pouring endless sums of money to establish what everyone knew from the beginning: that no one is willing to badge.

Friday, December 16, 2005 7:54:00 pm  
Blogger ALJ said...

What's probably needed is a good and sucessfull program to transition industrial and post-industrial nations out of farming entirely i.e. something along the lines of Welfare reform for farmers. taken the trillions spent on farm subsidies in the u.s. and EU it would probably be cheaper for them to just spend their money ensuring the next gen of farm workers don't have to end up on government aid to subsist. Surprisingly if a program like this can be created (the u.s. has developed a few programs to combat rural poverty that have been fairly successfull) then farm tarrifs can go down. Of course the next problem will be getting fruits and vegetables from 3rd world countries to America and the EU (and what the hell maybe Japan too). Taken Canada's dependence on American produce, it would seem areas like it would be the first place to start cutting tariffs so non-north american food can begin to get into their countries.

Saturday, December 17, 2005 11:43:00 am  

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