Elaborating the Ag. travesty

According to a report* from ITCSD, developing countries and the EU want to further slow the pace of change where opening markets for products such as sugar, cut flowers, vegetable oils, fruits and juices might threaten some highly profitable deals between of a small group of EU importers and developing country exporters. So much for the…

Are the BRICS ready to lead?

His guess? "No, not yet". He points out the BRICS are dominated by one country, China, that is still dependent on foreign demand for its economic strength rather than on its domestic resources.

EU ramps up farm subsidies

Trade-war not likely

Rotten ideas about the renminbi

One is from the IMF, which wants a new mandate—although it admits that's not really necessary—to undertake explicit multilateral surveillance of Systemic Stability (i.e. imbalances in external accounts). But the Fund does a bad job of justifying its claim for a new role. The Conclusions (on page 12) of the current proposal from the Fund management…