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The International Sugar Agreements - Promise and Reality (Paperback, New) Loot Price: R817
Discovery Miles 8 170
You Save: R298 (27%)
The International Sugar Agreements - Promise and Reality (Paperback, New):

The International Sugar Agreements - Promise and Reality (Paperback, New)

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List price R1,115 Loot Price R817 Discovery Miles 8 170 | Repayment Terms: R75 pm x 12* You Save R298 (27%)

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Large fluctuations in the price of primary-in particular agricultural-commodities began to receive the attention of economists and public affairs leaders at the beginning of the twentieth century. The world economic depression of the 1930s gave a new impetus to the concerns and to proposals for countering what became known as the problem of "excessive price fluctuations," especially of commodities in international trade. Several options were investigated, including: extended agreements for the purchase and sale of commodities; buffer stock; preferably internationally managed export quotas; or various combinations of these three. After World War II, proposals for international action to alleviate the problem became widespread. Under the guidance of the United Nations Conference on Trade and Development (UNCTAD), International Commodity Agreements (ICAs) were presented as a solution to the world's economic ills and problems, especially for lower income countries. Five full-fledged ICAs-- for wheat, sugar, coffee, tin, and cacao -- were negotiated and put into effect. In addition, international consultative discussion "groups" were established for a large number of commodities, especially under the auspices of the Food and Agriculture Organization (FAO). However, reality did not follow the promises of theory. During the 1980s every one of the five ICAs collapsed, some with devastating economic consequences. Among the ICAs, the Market Management Agreements on sugar had the longest existence, involved the largest number of countries, and were the best administered, but still did not survive. This volume, an insider's story on the negotiations and administration of the agreements on sugar, isthe first detailed analysis of the rise and fall of an ICA . Viton presents a unique history of the sugar ICA and discusses the inevitable shortsightedness of long-term international economic management while contending that creating arrangements that promote international study and discussion about commodity developments and problems may be more productive in the long run.


Imprint: Purdue University Press
Country of origin: United States
Release date: October 2003
First published: 2004
Dimensions: 254 x 178 x 25mm (L x W x T)
Format: Paperback
Pages: 350
Edition: New
ISBN-13: 978-1-55753-344-9
Categories: Books > Business & Economics > Business & management > International business
Books > Business & Economics > Industry & industrial studies > Primary industries > Agriculture & related industries
Books > Business & Economics > Economics > International economics > International trade > General
Books > Business & Economics > Industry & industrial studies > Manufacturing industries > Food manufacturing & related industries > General
LSN: 1-55753-344-X
Barcode: 9781557533449

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