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On July 1st 1993, the EU implemented the Common Organization for the Market of Bananas (COMB) to replace the different national banana policies that previously existed in its member countries. As it turned out, the adopted regime became one of the most bitterly internally disputed outcomes of the completion of the EU single common market, and is an on-going source of dispute at the WTO level between the EU on the one side, and the US and Latin American countries on the other side. The most controversial aspects of the COMB relate to the management of banana trade with non-EU countries, and in particular, to the tariff-rate quota (TRQ) imposed on non-traditional ACP and dollar bananas. These issues are at the center of this work which focuses on the German and French banana markets, the two largest single importers of bananas in the EU, characterized by opposed pre-COMB banana regimes. In addition, the US banana market, the single largest banana importer worldwide, characterized by a free trade policy, is also analyzed. The analysis of market performance revolves around pricing efficiency and market integration, as measured by the extent and speed of horizontal and vertical price transmission. A quantitative assessment of the distribution of quota rents among operators on the one hand, and between Germany and France on the other hand, is carried out. A brief analysis of the economic impact on dollar banana operators of a COMB reform towards a tariff-only system, concludes the empirical work.
Negotiating the liberalization of world agricultural trade in the World Trade Organization (WTO) is fraught with difficulty due to the complexity of the issues and the wide range of interests across countries. In the round of global trade negotiations under the WTO, different perspectives on trade reform have produced a highly contentious agenda. These issues are addressed from a range of perspectives in this survey of the trade agenda and its implications for both developing and developed countries. Agricultural trade specialists, including those in universities, in international organizations and think tanks, analyse a comprehensive range of topics including interests and options in the WTO trade negotiations, the trade agenda from a development patent perspective, WTO trade rules, trade barriers, tariff negotiations and patent protection for developing countries.
This title was first published in 2002: The Commodity Protocols of the EU have become a major focus of conflict with the USA. This illuminating volume reviews the significance of the banana, rum and sugar Protocols for the Commonwealth Caribbean, while placing them in the context of the Lomé and Cotonou Agreements. In an era of transition in the international trading environment, it provides an interesting case study of the implications for some of the smaller economic players in the world economy of these global changes. Timely and thought-provoking, this study will be of critical interest to students, academics and professionals in the field of development economics and European studies.
This book traces the dynamics of international rivalry from the late 1970s up through the present. Among the members of the dominant North political discord has become prominent recently in debates ranging from the Balkan Wars to the Second Gulf War. Yet a wide array of disputes--launching of global positioning systems to steel imports--have shattered the semblance of unity and cooperation among the members of the North, the triad of Europe, U.S., and east Asia. The book explores the subversive ways in which the configuration of economic networks in east Asia are subtly leaving their mark on the structure of the world-system. Also addressed are the ramifications on the South of this sharpening rivalry and, more importantly, whether this round of imperial rivalry will eventually give way, as previously in history, to new forms of international domination.
This book provides a history of the WTO US-EU banana dispute through the lens of a major actor: the US-owned multinational firm, Chiquita Brands International. It documents and explains how Chiquita succeeded in having the Clinton administration pursue a trade policy of forcing the European Union to dismantle its preferential banana import regime for exports from the small English-speaking Caribbean (ESC) countries. The export of bananas was critically important to the social stability and economic viability of these countries and that was in the national security interest of the United States. The experience indicates that succeeding in this goal was detrimental to U.S. national security interest in the Caribbean.