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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (44567)	9/10/2003 2:49:11 PM
From: IQBAL LATIF	Read Replies (1) of 50167

The CNE report concludes that Africa in particular suffers from the developed countries' agricultural subsidies. Just how desperate the situation is in sub-Saharan Africa is made clear by British demographer Angus Maddison's calculation that the average annual gross domestic product in the region is just $450 per person. Maddison points out that that was the average income of a citizen of the Roman Empire. In other words, sub-Saharan Africa has made essentially no economic progress in the past 2000 years. Delong answers...I have an enormous amount of respect for the extremely knowledgeable and incredibly hard-working Angus Maddison, but his claim cannot be right: Africans today are much taller and--even with the AIDS epidemic--have much greater life expectancies than the subjects of the Roman Empire. Things in Africa are very, very bad compared to things in the world economy's post-industrial core, but they are not quite as bad as Maddison implies. However, the fact is that... "Protectionism and subsidies by industrialized nations cost developing countries about $24 billion annually in lost agricultural and agro-industrial income." To put this figure in perspective, WTO figures show that the world's 40 or so least developed countries exported a total of only $38 billion worth of all goods in 2002. This is a drop in the bucket; in 2002, total world merchandise exports were $6,240 billion (or $6.24 trillion in American English). A good debate on ..... j-bradford-delong.net

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