"BANANA WAR" AND WORLD TRADE CHANGES

Jaime de Pablo Valenciano, Miguel Angel Giacinti Battistuzzi and Tomás García Azcaráte

International Journal of Food and Agricultural Economics (IJFAEC), 2015, vol. 03, issue 2, 12

Abstract: The EU banana import regime has been controversial during years and years and it deserves to be looked at. This article aims to analyse the results of the negotiation process which ended the latent conflict (known as ‘banana war’); it also compares the ex ante predictions and the ex post results. In order to better understand the significant differences, we look for the triple evolution: trade, prices and market structures. Since 2006, many stakeholders have gained power in the international market, in particular suppliers that quickly assimilated the necessity to adapt to market changes; the EU consumers took advantage of lower prices and the EU policy adaptation to WTO rules. This article is only a case study, but its conclusions can be helpful for analysing other trade conflicts or agreements.

Keywords: Agricultural and Food Policy; Crop Production/Industries; International Relations/Trade; Political Economy (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ijfaec:206305

DOI: 10.22004/ag.econ.206305

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