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Extra info for International Economic Problems
Government is also under pressure to take restrictive action on textile imports. S. 6 billion in 1976. Whether it is traditional manufactures such as textiles or newer lines such as electronics, LDC manufactured exports depend on the availability of cheap labour and easily accessible technology. These imports threaten the livelihood of workers in the developed countries. In particular, it is the worst off who are the most affected. S. ) industries with the lowest average earnings corresponds very closely with a list of industries threatened by manufactures from the Third World.
4 Source: UNCTAD, The Second United Nations Development Decade. Trends and Policies in the First Two Years. Background papers presented by the Secretary-General of UNCTAD for the first review and appraisal of the implementation of the International Development Strategy, part 2, table 14, p. 84; and UNCTAD, Review of International Trade and Development, 1975, document TD/B/530/Add. /Rev. I, part I, table xviii, p. 35. g. 6 per cent on leather footwear. The same cascaded effect, to a lesser or greater degree, is apparent on the processing of a wide range of industrial supplies and raw materials.
C. this would imply a change in CAP. Critics of the CAP would like to see a shift away from the price support policy (through a gradual lowering of prices) towards direct income payments to the Community's farmers. C. negotiation. C. Commission. 'spricesforwheatwere 124 per cent higher than world prices, 158 per cent higher for beef and veal and 320 per cent higher for butter. Poor farmers have not benefited either. The evidence suggests that the gap between rich and poor farmers continues to grow and the drift from the land has not been arrested.