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Subsidies � Food Security or Market Destruction

Anton Kostadinov ()
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Anton Kostadinov: BAS, Sofia, Bulgaria

Ikonomiceski i Sotsialni Alternativi, 2013, issue 4, 95-108

Abstract: Supporting farmers in a long term, aims at sustainability and stability in food system. Subsidies are controversial instrument stimulating production, beside its benefits the subsidies are controversial instrument provoking trade conflicts. In the article the most broadly used stimulating instruments supporting food production are analyzed, also the effects of their implementation. Impossibility poor countries to support its food production sharpened trade conflicts and enhanced market fragmentation worldwide. The producers from Africa are pressed simultaneously from rising energy, fertilizers anddumping prices. Despite of active position of WTO insisting for revision and reforming subsidizing policies step ahead has not been achieved yet. Other aspect concerning subsidies is that the food is a matter of national security.

Keywords: subsidies; subsidizing policy; food security (search for similar items in EconPapers)
JEL-codes: Q11 Q13 Q18 (search for similar items in EconPapers)
Date: 2013
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