Restructuring the EU–ACP sugar regime: out of the strong there came forth sweetness
Richardson, Ben. Restructuring the EU–ACP sugar regime: out of the strong there came forth sweetness. Review of International Political Economy, Vol.16 (No.4). pp. 673-697. ISSN 0969-2290Full text not available from this repository.
Official URL: http://dx.doi.org/10.1080/09692290802529751
In 2005 the EU instigated the most substantial reform to the sugar sector since the UK acceded in 1973 and just two years later caused consternation among the African, Caribbean and Pacific (ACP) countries by denouncing the 34-year long Sugar Protocol. In contrast to existing literature, which has taken a snapshot of the post-reform period and identified ‘winners and losers’ accordingly, this article examines the processes of capital accumulation in the industry and the legacies these have left. It argues that despite defeat in a World Trade Organization (WTO) dispute case, concentration and diversification in the EU sugar industry has enabled its leading corporations to prosper after reform, while divestment in the ex-colonies has left producers in the ACP facing difficulties of adjustment far in excess of plain terms of trade losses. Further, it also reveals why EU reform was not solely a response to WTO legislation but rather, because of the relationship of sugar to wider economic fortunes, resulted from an assiduous attempt by the EU Trade Commission to press the sector into a WTO-compatible Common Agricultural Policy.
|Item Type:||Journal Article|
|Subjects:||H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor
J Political Science > JN Political institutions (Europe)
J Political Science > JZ International relations
|Divisions:||Faculty of Social Sciences > Politics and International Studies|
|Journal or Publication Title:||Review of International Political Economy|
|Number of Pages:||25|
|Page Range:||pp. 673-697|
|Access rights to Published version:||Restricted or Subscription Access|
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