Agricultural subsidies and their effect on economic efficiency
have long been of interest to RIRDC. This study is part of
RIRDC’s Global Competitiveness Research and Development
Program, which aims to identify important impediments to
the development of a globally competitive Australian agricultural
sector and support research that will lead to
strategies for removing these impediments.
In the case of perverse subsidies — subsidies that have
negative effects on both the economy and the environment
— the interests of RIRDC dovetail with the interests of the
World Wide Fund for Nature (WWF).