An Update on the Consequences of EU Sugar Reform
Since its formation the European Union (EU) has employed a rather complicated policy to ensure high prices to domestic sugar growers and trade preferences to certain sugar exporting countries, e.g. the African Caribbean and Pacific (ACP) group. One result of this policy is that the EU has been both the second largest importer and second largest exporter in the world market. Under pressure from the World Trade Organization (WTO), the EU agreed to reform its policies toward sugar in 2001, with the full effect of the reforms being fully implemented in 2006. In this paper, the impact of the sugar reform on EU production, consumption, imports, and exports is examined especially with regard to how it all affects the ACP countries who receive preferential treatment regarding access to EU sugar markets. Preliminary analysis indicates that lowering domestic EU prices, while quotas requirements for ACP countries remain intact might have negative revenue implications for poor sugar producers.
Volume (Year): 02 (2011)
Issue (Month): 1 ()
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- Amani Elobeid & John Beghin, 2006.
"Multilateral Trade and Agricultural Policy Reforms in Sugar Markets,"
Journal of Agricultural Economics,
Wiley Blackwell, vol. 57(1), pages 23-48, 03.
- Elobeid, Amani E. & Beghin, John C., 2004. "Multilateral Trade and Agricultural Policy Reforms in Sugar Markets," 2004 Annual meeting, August 1-4, Denver, CO 20045, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Amani Elobeid & John C. Beghin, 2005. "Multilateral Trade and Agricultural Policy Reforms in Sugar Markets," Center for Agricultural and Rural Development (CARD) Publications 04-wp356, Center for Agricultural and Rural Development (CARD) at Iowa State University.
- Amani Elobeid & John C. Beghin, 2005. "Multilateral Trade and Agricultural Policy Reforms in Sugar Markets," Food and Agricultural Policy Research Institute (FAPRI) Publications 04-wp356, Food and Agricultural Policy Research Institute (FAPRI) at Iowa State University.
- Poonyth, Daneswar & Westhoff, Patrick & Womack, Abner & Adams, Gary, 2000. "Impacts of WTO restrictions on subsidized EU sugar exports," Agricultural Economics, Blackwell, vol. 22(3), pages 233-245, April.
- Poonyth, Daneswar & Westhoff, Patrick & Womack, Abner & Adams, Gary M., 2000. "Impacts of WTO restrictions on subsidized EU sugar exports," Agricultural Economics of Agricultural Economists, International Association of Agricultural Economists, vol. 22(3), April.
- Hertel, Thomas, 1997. "Global Trade Analysis: Modeling and applications," GTAP Books, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, number 7685. Full references (including those not matched with items on IDEAS)
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