EU gives ground on farm subsidies

Article Abstract:

The European Union has agreed to start negotiations about the elimination of the Common Agricultural Policy. This follows detailed talks at the World Trade Organisation (WTO) meeting in Doha, Qatar. WTO members have agreed to implement a new round of in-depth negotiations that must be completed before the end of 2004.

European Union, Conferences, meetings and seminars, International aspects, World Trade Organization, Agricultural policy, Trade negotiations

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West senses opportunity as Japan embarks on a painful revolution

Article Abstract:

Japan has begun to accept that it will be necessary to undertake fundamental economic reform. Economists believe that this will present valuable investment opportunities for the West. Japan will have to abandon some of the key features of its economy, including cross-shareholder ownership of companies and a focus on market share, rather than profit growth. Instead, it will have to undertake extensive job-cutting, with companies constantly working towards enhanced rates of returns.

Japan, Government domestic functions, Financial management, Administration of General Economic Programs, Cost Control Techniques, General Economic Programs, Foreign investments, Economic aspects, Economic policy, Cost control

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