An Update on the Consequences of EU Sugar Reform

Sibusiso Moyo and Thomas Spreen

International Journal on Food System Dynamics, 2011, vol. 02, issue 01, 10

Abstract: Since its formation the European Union (EU) has employed a rather complicated policy to ensure high prices to domestic sugar growers and trade preferences to certain sugar exporting countries, e.g. the African Caribbean and Pacific (ACP) group. One result of this policy is that the EU has been both the second largest importer and second largest exporter in the world market. Under pressure from the World Trade Organization (WTO), the EU agreed to reform its policies toward sugar in 2001, with the full effect of the reforms being fully implemented in 2006. In this paper, the impact of the sugar reform on EU production, consumption, imports, and exports is examined especially with regard to how it all affects the ACP countries who receive preferential treatment regarding access to EU sugar markets. Preliminary analysis indicates that lowering domestic EU prices, while quotas requirements for ACP countries remain intact might have negative revenue implications for poor sugar producers.

Keywords: Agribusiness; Agricultural and Food Policy; Farm Management; Food Consumption/Nutrition/Food Safety; International Relations/Trade; Production Economics (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/121846/files/Sibusiso-ok.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:ijofsd:121846

DOI: 10.22004/ag.econ.121846

Access Statistics for this article

More articles in International Journal on Food System Dynamics from International Center for Management, Communication, and Research Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().