The Hunger Crop: Poverty and the Sugar Industry

Politics & Social Sciences

COOTE, Belinda

Social Sciences

Oxfam Professional

The Trade Trap: Poverty and the Global Commodity Markets

Business & Money

Humanities Press Intl

Countries that depend on the export of primary commodities, like coffee, sugar, or cotton are caught in a trap: the more they produce, the lower the price falls on the international market. If they try to add value to their commodities by processing them, they run into tariff barriers imposed by the rich industrialised nations. Even when prices are high, producers receive only a fraction of the price paid for the end-product by the consumer. And all the time, they are competing with subsidised exports dumped on the world market by the 'developed' nations.How did this happen? And what can poor countries do about it? The Trade Trap explains the problems, and makes recommendations for action by governments of North and South and by ordinary citizens and consumers.'An excellent piece of work.' Professor Paul Rogers, University of Bradford'... succeeds excellently in compressing the information to the essentials without sacrificing the complexity, and in making the data live in terms of the lives and experience of particular people.' The Guardian7 doubt if the subject has been better presented.' David Vick, African Business'Here at last is an exception to the rule that books about business are for rookie billionaires.' New Internationalist'A tour de force! Everything you need to know about trade, with a wealth of case studies.' Michael Barratt Brown, Twin Trading

The trade trap: poverty and the global commodity markets

Oxfam

This best-selling book explains how countries that depend on the export of primary commodities, like coffee or cotton, are caught in a trap: the more they produce, the lower the price falls on the international market. If they try to add value to their commodities by processing them, they run into tariff barriers imposed by the rich industrialised nations. To make matters worse, they have to compete with subsidised exports dumped on the world market by rich surplus-producing countries. This new edition contains an additional chapter which reports on the outcome of the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) and the creation of the new World Trade Organisation. It examines the impact of rapid economic liberalisation on the livelihoods and natural environments of poor communities, and recommends ways in which trade could be regulated to protect their rights.

The Trade Trap: Poverty and Global Commodity Markets

International

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Books by COOTE, Belinda