Milking the Poor - How EU subsidies hurt dairy producers in Bangladesh

Author: 
Mark Curtis
Date published: 
Number of pages: 
28
Complete publication: 
application/pdf iconMilking the Poor

For decades, European dairy farmers have been given massive subsidies under the Common Agricultural Policy (CAP) of the European Union (EU). This has enabled them to export cheap milk powder, among other products, at prices lower than production costs. The EU’s dairy regime has routinely damaged developing countries in three main ways: by undermining domestic dairy producers, by depressing world market prices, and by pushing developing country exporters out of third markets.

 

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