22.10.13

G8 nations

The G8 Nations spend $13,000 million on aid to Africa. However, the G8 Nations also spend $311,000 million subsidising their farmers (24 times the aid budget). This subsidy allows the rich countries to flood the poorer countries with cheap food that puts local farmers out of business. The USAhas flooded NigeriaPeruTaiwanColombiaSouth Korea and Indonesia with subsidised grain, bankrupting local farmers and creating a captive audience. In 2003, the Philippines, a fertile country capable of growing its own food, receives more food aid from the USA that the starving desert regions of North-East Africa (like Ethiopia).