Poverty and Trade : Factfile

There are 15 documents in this section.

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  • Farm subsidies

    14 December 2007

    In 2006, government support to farmers in countries (mostly Western) belonging to the Organisation for Economic Cooperation and Development (OECD) totalled US$268 billion. This is a fall from $327 billion in 2000. The chief beneficiaries of farm supports were large-scale agricultural businesses.

  • Food trade

    14 December 2007

    Most food is consumed in the country where it is produced. But international trade in major foodstuffs is increasing faster than production. Trade in agricultural products and foodstuffs grew from US$65 billion in 1972 to US$ 468 billion in 1997, and to US$ 634 billion in 2004. (Source: FAOSTAT, FAO. 2006)

  • The rich-poor divide

    14 December 2007

    In 1960, the per-capita gross domestic product (GDP) of the 20 richest countries was 18 times that of the 20 poorest countries. By 1995, the gap between the richest and poorest nations had more than doubled to 37 times.

  • The case of Latin America

    13 December 2007

    In the 1980s and 1990s, a number of developing countries pursued policies dominated by international trade. The need to increase exports and to earn more foreign exchange - often to pay off foreign debts - often came, however, at the expense of agricultural policies and food security, worsening the plight of the hungry. Latin America provides an example.

  • Military spending

    4 August 2004

    World military expenditures in 2004 totalled $1,100 billion - anincrease from $839 billion in 2001 - almost $3 billion a day.

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