Wednesday, February 25, 2009

A case for dumping?

A report by the OECD in Bridges Disgest states that aid to the developing world has fallen short.

Read it here

I think a case for developed world subsidies and then, dumping in developing markets is not a totally bad idea.

In fact, I hope as a bi-product of all of the protectionist actions from and within the devloped world that developed countries, start producing goods cheaper and then, it would end up in a profound glut and then they would end up having to dump cheap/subsidized goods in the developing countries--while their tax payers pay for it.

That can be seen as aid as well. In fact, it probably would be better than giving all out cash to developing country governments, in a time of all around financial pressure.
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