Fifty or more developing countries still depend mainly on the tropical commodities or minerals that they produce. But encouraging so many countries to grow coffee, sugar, cotton and other crops has been a disaster. Small farmers get only a tiny share of the final tag on these commodities on supermarket shelves in the North. Prices have collapsed, terms of trade between North and South have widened, and foreign exchange earnings, tax revenues, and economic growth in developing countries have plummeted. Peter Robbins examines how this situation came about, the current trading arrangements and the possible ways forward. He argues that, if developing countries are to measure up to the scale of the disaster facing them, they must take a leaf out of supply side economics, and take the measures to bring supply and demand into a balance that will secure them far higher and more stable prices.
| ISBN: | 9781842772812 |
| Publication date: | 1st July 2003 |
| Author: | Peter Robbins |
| Publisher: | Zed Books an imprint of Zed Books Ltd |
| Format: | Paperback |
| Pagination: | 188 pages |
| Series: | Global Issues |
| Genres: |
Development economics and emerging economies |
Fifty or more developing countries still depend mainly on the tropical commodities or minerals that they produce. But encouraging so many countries to grow coffee, sugar, cotton and other crops has been a disaster. Small farmers get only a tiny share of the final tag on these commodities on supermarket shelves in the North. Prices have collapsed, terms of trade between North and South have widened, and foreign exchange earnings, tax revenues, and economic growth in developing countries have plummeted. Peter Robbins examines how this situation came about, the current trading arrangements and the possible ways forward. He argues that, if developing countries are to measure up to the scale of the disaster facing them, they must take a leaf out of supply side economics, and take the measures to bring supply and demand into a balance that will secure them far higher and more stable prices.
Stolen Fruit features in the following genres: Development economics and emerging economies
Stolen Fruit is available in Paperback
Stolen Fruit was written by Peter Robbins and published by Zed Books an imprint of Zed Books Ltd
Stolen Fruit has 188 pages
Yes it is part of Global Issues series