NY Times hammers EU agriculture reform

The NY Times has mea­gre praise for the EU reforms

” … the rich world’s reluc­tance to dis­man­tle mar­ket-dis­tort­ing agri­cul­tur­al poli­cies, like tar­iffs and sub­si­dies, betrays an unwill­ing­ness to make the sac­ri­fices that poor­er nations, with less nego­ti­at­ing lever­age, have been asked to make in the name of eco­nom­ic ortho­doxy. Telling­ly, the reform announced recent­ly by Euro­pean agri­cul­tur­al min­is­ters does not address export sub­si­dies. Nor does it cut the over­all amount of farm aid the Euro­pean Union doles out, a stag­ger­ing $49 bil­lion a year. Price guar­an­tees for cer­tain com­modi­ties also remain in place. ”

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