Monday, December 19, 2005
Free Trade
Interesting results came out of Hong Kong. But I'm *very* skeptical that the west can keep its word about eliminating agricultural subsidies. The results of actually following through that policy would be interesting, but I suspect this agreement will show as much actual result as Kyoto, i.e. not much.
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We'll see if the countries involved actually ratify the agreement. The American proposal could very well be like Clinton's acceptance of Kyoto. Basically he signed it knowing that the US Congress would never ratify, but it made him look good internationally. (the Senate voted 97-0 on ratifying Kyoto)
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