Thursday, July 07, 2005

More on Africa

I agree with Anne Applebaum:

[A]mong those who work seriously on Africa, it has long been clear that what Africans need isn't only cash, which can be stolen or wasted, but the opportunity to trade their way out of poverty, just as Asians did over the past several decades. Yet the current regime of agricultural tariffs, quotas and export subsidies, whether for American cotton or European sugar, so reduces the price of African agricultural products that African farmers cannot compete. Each European cow costs taxpayers $2.20 a day, while half the world's population lives on less than $2 a day. Withdraw the subsidies for the cows, and Africans might even be able to make competitive cheese.

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