U.S. Farmers Subsidy in July Term Paper

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It is estimated that the U.S. subsidies cost the poor cotton-producing countries about $250-300million in lost export revenue and GDP (Trade pp). To put figures in perspective, it is estimated that the $3.9 billion a year that the United States spends on cotton subsidies is greater than the entire GDP of a poor cotton producer such as Burkina Faso, and the amount it spends per acre is greater than annual GDP per head there (Trade pp). The U.S.

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's cotton subsidies are more than 3 times the amount of the USAID budget for Africa (Trade pp). The loss of revenue to countries such as Burkina Faso, Benin, and Chad as a result of the subsidies is greater than the debt relief that they receive under the HIPC (Heavily Indebted Poor Countries) initiative, and equivalent to a quarter of their total aid (Trade pp).

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"U S Farmers Subsidy In July" (2005, July 28) Retrieved May 21, 2025, from
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