Fact Sheet: Potential Benefits of Agricultural Trade Liberalization
- Agricultural liberalization in the European Union and the United States could increase total agricultural exports from Africa by as much as 20 percent.
- Eliminating developed country support policies and trade barriers could increase the value of Sub-Saharan Africa's net agricultural exports by one-third, adding US $2 billion to the region's agricultural GDP.
- IFPRI research in Benin found that a 25 percent increase in the world price of cotton-roughly the same as the removal of U.S. cotton subsidies-would enable 250,000 people to rise above the poverty line.
Sources: International Food Policy Research Institute (unless otherwise noted)