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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 10 (Page no: 195)

Conclusion.

This concluding chapter draws some lessons for the trade system and for avoiding or resolving trade conflicts in the future from the banana trade dispute between the USA and the European Union. Five facets of trade are discussed: the question of preferences and the integration of former colonial trade patterns into the multilateral system; the issue of market structure and the dominant place that some forms have acquired in the marketing of agricultural products; the dilemma of the multilateral trade system poised between a rule-based and a power-based structure; the state of the transatlantic relationship and the bilateral hegemony developed over the post-war period; and the influences on the conduct of trade policy in the largest countries.

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: 5 (Page no: 67) Evolution of the banana multinationals. Author(s): Taylor, T.
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 details

  • Author Affiliation
  • Food Research Institute, Institute for International Studies, Room E113, Encina Hall East, Mail Code 6055, Stanford, CA 94305-6055, USA.
  • Year of Publication
  • 2003
  • ISBN
  • 9780851996370
  • Record Number
  • 20073073508