ENGLISH

Banana Split: How EU Policies Divide Global Producers

By United Nations Conference on Trade and Development

Book information

Year
2006
ISBN
9211126770, 9789211126778, 9781423778103
Open Library ID
OL12894088M
Language
english
Format
PDF
Filesize
1 MB (1416908 bytes)
Pages
22\28
Time added
2011-06-04 13:46:07

Description

Banana prices within the European Union are almost double world levels. These prices are maintained by restrictive import quotas and tariffs that generate rents that accrue to producers and distributors. The European Union is obliged to remove its quantitative restrictions and replace them with tariffs that are likely to give preference to existing quota holders from ACP countries. Indications are that a relatively small proportion of the rents are currently accruing to ACP producers and the loss in rent would be more than offset by the expansion of EU imports.

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