Are western governments inclined to amend their trade and agricultural policies for the sake of Africa’s revival?
Muhammad Rislan @rislan1 In case you are wondering why Africa is still underdeveloped, then here’s a part of the reason. An excerpt from the book ‘The State of Africa- A History of Fifty Years of Independence’ by Martin Meredith sheds light on the plight of the African farmers and the culpability of the developed economies to keep him perpetually dependent on foreign aid. “Determined to protect their own producers, industrialized countries operate a system of subsidies and tariff barriers that have crippling effect on African producers. The total value of their agricultural subsidies amounts to 1 Billion Dollars a day - 370 billion a year- A SUM HIGHER THAN THE GROSS DOMESTIC PRODUCT OF THE WHOLE OF SUB-SAHARAN AFRICA. The European Union subsidy for each cow is about $900 a year - more than the average African income; the Japanese subsidy is $2,700 per cow. Western surplus produced at a fraction of their real cost are dumped on African markets, undermining domestic producers...