Not afraid of WTO
Published by Yazad Jal January 23rd, 2004 in Economics, IndiaMadhu Kishwar on Anti-Globalisation Brigades (AGBs) and India doing better under the WTO.
She talks about the origin of the anti-globalisation movement with the rise of economic power in the second and third worlds. Western AGBs are more worried about their job losses to India caused by globalisation and Indian “activists” are happy to serve as their handmaidens.
Read the whole article. No excerpt can do it justice.
A very different pespective.. thks for putting it up in your blog..
Priya, this is Madhu Kishwar’s second piece on the AGBs and WSF. Scroll down. I’d blogged on her first piece on January 19th.
“By contrast, farmers of countries like India have borne the brunt of negative subsidies and artificially-depressed prices” .. could someone elaborate .. Yazad?
i can understand artifically depressed prices .. but what abt negative subsidies ..?
Sharad Joshi of the Shetkari Sangathana has written extensively on negative subsidies to farmers. In a nutshell, government regulations on agriculture impose a cost to the farmer than exceeds the subsidy or support price that the government gives. In effect, it works out like an unwelcome tax.
Joshi was Chairman of the Govt. of India’s “Task Force on Agriculture” and prepared a detailed report which is online.
Chapter 4 of the report talks about Aggregate Measurement of Support (AMS) which is the concept on which negative subsidy is based. You may also want to read chapters 3 & 5.