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Government subsidies and environmental costs
Ken Ash is an Independent Consultant, IIT Visiting Fellow, and former OECD Director of Trade and Agriculture.
The economic and trade distortions caused by ill-conceived government support for sectors ranging from agriculture, fisheries and fossil fuels to aluminium (2019, 2021), steel and semiconductors are enormous. While this is explicitly recognized by G7, G20 and APEC member governments, amongst others, the pace of subsidy reform remains glacial.
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