Martin Wolff of the Financial Times (via “Lance Knobel(link to davosnewbies.com)”:http://www.davosnewbies.com/2003/07/17 ) bq. “The OECD countries—essentially the world’s 30 richest nations—spent $311 billion on domestic agricultural subsidies in 2001. They spent $52 billion on aid to all countries. The 2001 GDP of sub-Saharan Africa was $301 billion. bq. Worse, the annual dairy subsidy in the European Union in 2000 was $913 per cow. The average income in sub-Saharan Africa was $490 per capita. The EU’s annual aid to sub-Saharan Africa was $8 per person.”
Peter Gallagher is student of piano and photography. He was formerly a senior trade official of the Australian government. For some years after leaving government, he consulted to international organizations, governments and business groups on trade and public policy.
He teaches graduate classes at the University of Adelaide on trade research methods and the role of firms in trade and growth and tweets trade (and other) stuff from @pwgallagher