Distortions in farmer prices since the 1950s: South Africa in international perspective
For decades, earnings from farming in many low-income countries have been depressed by a pro-urban bias in own-country policies, as well as by governments of richer countries favoring their farmers with import barriers and subsidies. Both sets of policies reduce national and global economic growth. They also add to inequality and poverty in developing countries, since most of the world’s billion poorest people depend on farming for their livelihood. Over the past two decades numerous...[Show more]
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