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CABI Book Chapter

Banana wars: the anatomy of a trade dispute.

Book cover for Banana wars: the anatomy of a trade dispute.

Description

In April 2001, the EU and the USA announced the end of a trade dispute over the sale of bananas into the EU market. The EU's allocation of import licences had been found to violate World Trade Organization (WTO) rules and to discriminate against suppliers from Latin America. This book examines the issues surrounding the dispute, in particular: the dependence of small Caribbean economies on Europea...

Metrics

Chapter 5 (Page no: 67)

Evolution of the banana multinationals.

This chapter traces the introduction of bananas into the Caribbean, the benefits of bananas as a small-farmer cash crop, the growth of banana handling firms and the role of unions. The significance of bananas in production and exports in the Islands is explored along with the benefits from the preferential access agreement and the experience with filling quotas. The chapter also provides a concise history of the banana multinationals, broken down into 6 distinct time periods: 1870-1899; 1900-1929; 1930 to mid-1960s; late 1960s-1992; 1993-2000; and the post-resolution period beginning May 2001.

Other chapters from this book

Chapter: 1 (Page no: 1) Banana wars: the anatomy of a trade dispute. Introduction. Author(s): Josling, T. Taylor, T.
Chapter: 2 (Page no: 7) Overview of the world banana market. Author(s): Paggi, M. Spreen, T.
Chapter: 3 (Page no: 17) European interests in the banana market. Author(s): Tangermann, S.
Chapter: 4 (Page no: 45) The European common banana policy. Author(s): Tangermann, S.
Chapter: 6 (Page no: 97) Banana trade in Latin America. Author(s): Brenes, E. R. Madrigal, K.
Chapter: 7 (Page no: 123) The Caribbean and the banana trade. Author(s): Anderson, R. Taylor, T. Josling, T.
Chapter: 8 (Page no: 151) US interests in the banana trade controversy. Author(s): Stovall, J. G. Hathaway, D. E.
Chapter: 9 (Page no: 169) Bananas and the WTO: testing the new dispute settlement process. Author(s): Josling, T.
Chapter: 10 (Page no: 195) Conclusion. Author(s): Josling, T. Taylor, T.

Chapter details

  • Author Affiliation
  • Center for Agribusiness, Food and Resource Economics Department, McCarty Hall, University of Florida, PO Box 110240, Gainesville, FL 32611-0240, USA.
  • Year of Publication
  • 2003
  • ISBN
  • 9780851996370
  • Record Number
  • 20073073503