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EEC food imports from the Third World and international responsibility in agricultural policy

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  • H. R. WAGSTAFF

Abstract

Summary Rising consumption in EEC countries resulted in a substantial increase in the value of food and beverage imports from the Third, World during the 1960s. In the period 1965–70, however, the Third World share in total EEC consumption of the relevant commodities fell Projections which take account of probable per capita consumption limits, in addition to shifting market shares, indicate a slower expansion or even a decline in Third-World exports of food and beverages to the six original EEC countries. International responsibility involves more than production constraints on competing products. Larger commodity stocks are essential, and specific contracts to purchase agreed quantities with a guaranteed minimum price from Third World countries are needed.

Suggested Citation

  • H. R. Wagstaff, 1974. "EEC food imports from the Third World and international responsibility in agricultural policy," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 2(1), pages 7-21.
    • Handle: RePEc:oup:erevae:v:2:y:1974:i:1:p:7-21.
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    File URL: http://hdl.handle.net/10.1093/erae/2.1.7
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    Cited by:

    1. White, T. Kelley & Hanrahan, Charles E., 1986. "Consortium On Trade Research, Agriculture, Trade, And Development: A Comparative Look At U.S., Canadian, And European Community Policies," Staff Reports 277673, United States Department of Agriculture, Economic Research Service.

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