When advocates of free trade policies pick a developing country poster-child, they often go for Brazil and Argentina. Which is why a new report, below, is especially useful in undermining the myths around agricultural trade liberalisation. The most important observation:

South America's soybean industries are winners from global trade liberalization, but few of the benefits go to rural communities. Based on high-input, industrialized monoculture farming, employment and wages have both declined despite dramatic increases in production.

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Posted on 18 July, 2008 - 21:41