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Subsidies � Food Security or Market Destruction

Author

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  • Anton Kostadinov

    (BAS, Sofia, Bulgaria)

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.

Suggested Citation

  • Anton Kostadinov, 2013. "Subsidies � Food Security or Market Destruction," Ikonomiceski i Sotsialni Alternativi, University of National and World Economy, Sofia, Bulgaria, issue 4, pages 95-108, December.
    • Handle: RePEc:nwe:iisabg:y:2013:i:4:p:95-108
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    More about this item

    Keywords

    subsidies; subsidizing policy; food security;
    All these keywords.

    JEL classification:

    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • Q11 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Aggregate Supply and Demand Analysis; Prices

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