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Increasing international acceptance of sugar and bananas.

By:

NELSON, Augustine

Material type: Text

TextPublication details: 1992Action note:

3/7/00 M2LMGR

Summary: Discusses recent developments in the international economy which have placed the sugar and banana industries at risk, viz. the coming into being of a single market on January 1, 1993; the thrust towards global free trade in the on-going Uruguay Round of GATT; and, difficulties in hammering out a new International Sugar Agreement. Stresses the need for bold policy initiatives if the virtual collapse of some Caribbean economies is to be pre-empted. Calls for the reduction of Caribbean unit cost of production below the international average, and new inflows of targeted funding to achieve tangible benefits.

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Item type	Current library	Status	Barcode
Analytic	CARICOM Documentation Centre	Available	0000000015151

Discusses recent developments in the international economy which have placed the sugar and banana industries at risk, viz. the coming into being of a single market on January 1, 1993; the thrust towards global free trade in the on-going Uruguay Round of GATT; and, difficulties in hammering out a new International Sugar Agreement. Stresses the need for bold policy initiatives if the virtual collapse of some Caribbean economies is to be pre-empted. Calls for the reduction of Caribbean unit cost of production below the international average, and new inflows of targeted funding to achieve tangible benefits.

3/7/00 M2LMGR

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