Tag Archives: Subsidies
By TEEB Team, Nov 20
Subsidies: Context is everything
So, what are subsidies? In short they are a form of financial assistance paid by the government to a business or economic sector. The more comprehensive definition of a subsidy by the World Trade Organization (WTO) is used for regulating …
By Lara Barbier, Oct 6
Agricultural Subsidy Removal in New Zealand
New Zealand was one of the first – and is still one of the few – OECD countries to have completely dismantled its system of agricultural price supports and other farm subsidies.
By Lara Barbier, Oct 4
“More and more, the complementary factor in short supply (limiting factor) is remaining natural capital, not manmade capital as it used to be. For example, populations of fish, not fishing boats, limit fish catch worldwide. Economic logic says to invest …
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