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Elbehri, Aziz; Umstaetter, Johannes. |
The European Union sugar policies, in place for over 49 years, underwent a first major reform in 2005, yielding to mounting pressures coming from the EU 2004 enlargement, the recent EBA initiative to least developed countries and the recent WTO-panel ruling on EU sugar export subsidies. The reform package consists of lowering administrative prices as well as modifying the structure of production quotas leading to lower sugar production and bringing down subsidized export to within WTO limits. However, these reforms do not address other components of the EU sugar policies such as non-preferential tariffs, quota reallocation across regions, or opening up the competitive structure of the EU sugar industry. This makes it difficult to assess the economic and... |
Tipo: Conference Paper or Presentation |
Palavras-chave: International Relations/Trade. |
Ano: 2006 |
URL: http://purl.umn.edu/21398 |
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Elbehri, Aziz; Umstaetter, Johannes; Kelch, David R.. |
The European Union’s sugar policy, in place since 1968, underwent its first major reform in 2005 in response to mounting and unsustainable imbalances in supply and demand. The reform, however, targeted only a few policy instruments (intervention price cut, voluntary production quota buyout, and restrictions on nonquota sugar exports), while leaving other key policies unchanged (interstate quota trading, sugar-substitute competition, and import barriers). Consequently, the extent of the reform’s impact is limited, compared with more far-reaching alternatives, particularly when the oligopolistic nature of the industry and its noncompetitive pricing behavior are taken into account. A model-based analysis suggests that the reforms by themselves are unlikely to... |
Tipo: Report |
Palavras-chave: European Union; EU; Sugar CMO; Common Market Organization; Policy reform; Trade; Economic model; Agricultural and Food Policy; International Relations/Trade. |
Ano: 2008 |
URL: http://purl.umn.edu/56457 |
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