Cotton : Market Setting, Trade Policies, and Issues

The value of world cotton production in 2000-01 has been estimated at about $20 billion, down from $35 billion in 1996-97 when cotton prices were 50 percent higher. Although cotton's share in world merchandise trade is insignificant (about 0.1...

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Main Author: Baffes, John
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, D.C. 2013
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2004/02/3923769/cotton-market-setting-trade-policies-issues
http://hdl.handle.net/10986/14735
id okr-10986-14735
recordtype oai_dc
spelling okr-10986-147352021-04-23T14:03:20Z Cotton : Market Setting, Trade Policies, and Issues Baffes, John ACRYLIC AFRIQUE CENTRALE AGRICULTURE ANIMAL APPAREL CARBON CLOTHING COMMODITIES COMMODITY COTTON COTTON PLANTS COTTON PRICES COTTON PRODUCTION COTTON SECTOR COTTON YIELDS CROP DEVELOPED COUNTRIES ENVIRONMENTAL ACTIVISTS ENVIRONMENTAL PROTECTION EXCHANGE RATE FAO FARM FARMERS FARMING FERTILIZERS FIBERS FIBRES TEXTILES FOOD CROPS GATT HARVESTING IMPORTS INCIDENCE OF POVERTY INCOME INSURANCE IRRIGATION NASH NATURAL FIBERS NYLON OIL PESTICIDE POLICY ENVIRONMENT POLYESTER POPULATION GROWTH POVERTY REDUCTION PRICE CHANGES PRICE VOLATILITY PRODUCE PRODUCERS PRODUCTION OF COTTON QUOTAS RAYON RISK MANAGEMENT RURAL POVERTY SEED SEED TECHNOLOGY SEEDS SILK STOCKHOLDERS SYNTHETIC FIBERS SYNTHETIC FIBRES TAXATION TEXTILE INDUSTRIES TEXTILE INDUSTRY WOOL YARN COTTON COTTON DEVELOPMENT INTERNATIONAL COTTON INDUSTRY TRADE AMONG DEVELOPING COUNTRIES COTTONTEXTILE INDUSTRY COTTON PRODUCTION SUBSIDIES CASH CROPS The value of world cotton production in 2000-01 has been estimated at about $20 billion, down from $35 billion in 1996-97 when cotton prices were 50 percent higher. Although cotton's share in world merchandise trade is insignificant (about 0.12 percent), it is very important to a number of developing countries. Cotton accounts for approximately 40 percent of total merchandise export earnings in Benin and Burkina Faso, and 30 percent in Chad, Mali, and Uzbekistan. Its contribution to GDP in these and other developing countries is substantial, ranging between 5 and 10 percent. Cotton supports the livelihoods of millions in developing countries (at least 10 million in West and Central Africa) where it is a typical, and often dominant, smallholder cash crop. The cotton market also has been subject to considerable market intervention-subsidization in the European Union and the United States, and taxation in Africa and Central Asia. During the past three seasons, annual direct support averaged $4.5 billion. The author reviews the market setting and policy issues and gives recommendations on how industrial and developing cotton-producing countries can improve the policy environment. 2013-08-01T18:57:00Z 2013-08-01T18:57:00Z 2004-02 http://documents.worldbank.org/curated/en/2004/02/3923769/cotton-market-setting-trade-policies-issues http://hdl.handle.net/10986/14735 English en_US Policy Research Working Paper;No.3218 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, D.C. Publications & Research :: Policy Research Working Paper Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACRYLIC
AFRIQUE CENTRALE
AGRICULTURE
ANIMAL
APPAREL
CARBON
CLOTHING
COMMODITIES
COMMODITY
COTTON
COTTON PLANTS
COTTON PRICES
COTTON PRODUCTION
COTTON SECTOR
COTTON YIELDS
CROP
DEVELOPED COUNTRIES
ENVIRONMENTAL ACTIVISTS
ENVIRONMENTAL PROTECTION
EXCHANGE RATE
FAO
FARM
FARMERS
FARMING
FERTILIZERS
FIBERS
FIBRES TEXTILES
FOOD CROPS
GATT
HARVESTING
IMPORTS
INCIDENCE OF POVERTY
INCOME
INSURANCE
IRRIGATION
NASH
NATURAL FIBERS
NYLON
OIL
PESTICIDE
POLICY ENVIRONMENT
POLYESTER
POPULATION GROWTH
POVERTY REDUCTION
PRICE CHANGES
PRICE VOLATILITY
PRODUCE
PRODUCERS
PRODUCTION OF COTTON
QUOTAS
RAYON
RISK MANAGEMENT
RURAL POVERTY
SEED
SEED TECHNOLOGY
SEEDS
SILK
STOCKHOLDERS
SYNTHETIC FIBERS
SYNTHETIC FIBRES
TAXATION
TEXTILE INDUSTRIES
TEXTILE INDUSTRY
WOOL
YARN COTTON
COTTON DEVELOPMENT INTERNATIONAL
COTTON INDUSTRY
TRADE AMONG DEVELOPING COUNTRIES
COTTONTEXTILE INDUSTRY
COTTON PRODUCTION
SUBSIDIES
CASH CROPS
spellingShingle ACRYLIC
AFRIQUE CENTRALE
AGRICULTURE
ANIMAL
APPAREL
CARBON
CLOTHING
COMMODITIES
COMMODITY
COTTON
COTTON PLANTS
COTTON PRICES
COTTON PRODUCTION
COTTON SECTOR
COTTON YIELDS
CROP
DEVELOPED COUNTRIES
ENVIRONMENTAL ACTIVISTS
ENVIRONMENTAL PROTECTION
EXCHANGE RATE
FAO
FARM
FARMERS
FARMING
FERTILIZERS
FIBERS
FIBRES TEXTILES
FOOD CROPS
GATT
HARVESTING
IMPORTS
INCIDENCE OF POVERTY
INCOME
INSURANCE
IRRIGATION
NASH
NATURAL FIBERS
NYLON
OIL
PESTICIDE
POLICY ENVIRONMENT
POLYESTER
POPULATION GROWTH
POVERTY REDUCTION
PRICE CHANGES
PRICE VOLATILITY
PRODUCE
PRODUCERS
PRODUCTION OF COTTON
QUOTAS
RAYON
RISK MANAGEMENT
RURAL POVERTY
SEED
SEED TECHNOLOGY
SEEDS
SILK
STOCKHOLDERS
SYNTHETIC FIBERS
SYNTHETIC FIBRES
TAXATION
TEXTILE INDUSTRIES
TEXTILE INDUSTRY
WOOL
YARN COTTON
COTTON DEVELOPMENT INTERNATIONAL
COTTON INDUSTRY
TRADE AMONG DEVELOPING COUNTRIES
COTTONTEXTILE INDUSTRY
COTTON PRODUCTION
SUBSIDIES
CASH CROPS
Baffes, John
Cotton : Market Setting, Trade Policies, and Issues
relation Policy Research Working Paper;No.3218
description The value of world cotton production in 2000-01 has been estimated at about $20 billion, down from $35 billion in 1996-97 when cotton prices were 50 percent higher. Although cotton's share in world merchandise trade is insignificant (about 0.12 percent), it is very important to a number of developing countries. Cotton accounts for approximately 40 percent of total merchandise export earnings in Benin and Burkina Faso, and 30 percent in Chad, Mali, and Uzbekistan. Its contribution to GDP in these and other developing countries is substantial, ranging between 5 and 10 percent. Cotton supports the livelihoods of millions in developing countries (at least 10 million in West and Central Africa) where it is a typical, and often dominant, smallholder cash crop. The cotton market also has been subject to considerable market intervention-subsidization in the European Union and the United States, and taxation in Africa and Central Asia. During the past three seasons, annual direct support averaged $4.5 billion. The author reviews the market setting and policy issues and gives recommendations on how industrial and developing cotton-producing countries can improve the policy environment.
format Publications & Research :: Policy Research Working Paper
author Baffes, John
author_facet Baffes, John
author_sort Baffes, John
title Cotton : Market Setting, Trade Policies, and Issues
title_short Cotton : Market Setting, Trade Policies, and Issues
title_full Cotton : Market Setting, Trade Policies, and Issues
title_fullStr Cotton : Market Setting, Trade Policies, and Issues
title_full_unstemmed Cotton : Market Setting, Trade Policies, and Issues
title_sort cotton : market setting, trade policies, and issues
publisher World Bank, Washington, D.C.
publishDate 2013
url http://documents.worldbank.org/curated/en/2004/02/3923769/cotton-market-setting-trade-policies-issues
http://hdl.handle.net/10986/14735
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