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The Wye Group Handbook
Statistics on Rural Development and Download Full Report |
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ABSTRACT Large amounts of public funds are used to support farmers and their households in OECD countries. The current round of multi-lateral trade liberalization negotiations will almost certainly require some degree of farm policy reform in developed – if not developing – countries. International trade agreements already point in the direction of the likely outcome - a requirement that domestic farm support distorts world markets as little as possible. To achieve this, market interventions are often replaced by direct payments to farm households. Understanding the ultimate market impacts of these direct payments depends on having data on farm households that includes the farm operation and also all their other activities. Focus on farm accounts and business is not sufficient. |
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© FAO 2011