Sugar Policy and Reform
Reviewing cross-country experience with sugar policies, and policy reform, the authors conclude that long-standing government interventions - rooted in historical trade arrangements, fear of shortages, and conflicting interests between growers, and...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2001/05/1346259/sugar-policy-reform http://hdl.handle.net/10986/19660 |
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okr-10986-196602021-04-23T14:03:43Z Sugar Policy and Reform Larson, Donald F. Borrell, Brent AGRICULTURAL SECTOR AGRICULTURE ARABLE LAND CARTEL CONSUMERS DEBT DEVELOPED COUNTRIES DISTORTED INCENTIVES DIVERSIFICATION ECONOMIC COOPERATION ECONOMIC EFFICIENCY ECONOMIC POLICIES ENTITLEMENTS EXCHANGE RATES EXPORTS FARM INPUTS FARM PRICES FARMERS FARMING SYSTEMS FARMLAND FARMS FIXED COSTS FREE MARKETS FREE TRADE GDP IMPORT QUOTAS IMPORTS INCOME INCOME LEVELS INSURANCE INSURANCE PREMIUMS LIBERALIZATION MILLING MILLS MONOPOLIES NATURAL ENDOWMENTS PLANTATIONS POLICY INSTRUMENTS POLITICAL ECONOMY POSITIVE EFFECTS PRODUCERS PRODUCTIVITY PROTECTIONISM QUOTAS RISK MANAGEMENT STRUCTURAL CHANGE SUGAR SUGAR CANE SUGAR INDUSTRY SUGAR PRICES SUGAR PROCESSING SUGAR TRADE TAKEOVER TERMS OF TRADE TRADE BARRIERS TRADE POLICIES UNDERLYING PROBLEMS URUGUAY ROUND WHOLESALE PRICES WORLD TRADE ORGANIZATION Reviewing cross-country experience with sugar policies, and policy reform, the authors conclude that long-standing government interventions - rooted in historical trade arrangements, fear of shortages, and conflicting interests between growers, and sugar mills - often displace both the markets, and the institutions required to produce efficient outcomes. Arrangements rooted in colonial eras, still shape policies, and trade in the United States, the European Union (EU), and many developing countries. Once policies, and institutions are put in place, households, and the value of investments grow dependent on them, even as their usefulness fades. Firms and households make decisions that are costly to reverse. And the result is a legacy of path-dependent policies, in which approaches, and instruments are greatly influenced by past agreements, and previous interventions. The cumulative effects of these interventions are embodied in livelihoods, political institutions, capital stocks, and factor markets - which not only dictate the starting point for reform, but also determine which reform paths are feasible. Experiments with public ownership, common in many countries, have not succeeded. So most countries have initiated some measure of market reform. And events relating to NAFTA, Lome, and expansion of the EU, may bring about significant changes in the EU, and US sugar regimes, with cascading effects on other countries. Common problems in the sector include determining cane quality, finding methods for fairly sharing revenues from joint production, finding ways to take advantage of preferential trade arrangements with minimal negative consequences, finding ways to finance, and encourage research, and other activities with common benefits, identifying practices that facilitate equitable, sustainable privatization, and determining the relationship between sugar market reform, and markets in land, water, credit, and other inputs. 2014-08-26T14:46:17Z 2014-08-26T14:46:17Z 2001-05 http://documents.worldbank.org/curated/en/2001/05/1346259/sugar-policy-reform http://hdl.handle.net/10986/19660 English en_US Policy Research Working Paper;No. 2602 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC 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 |
AGRICULTURAL SECTOR AGRICULTURE ARABLE LAND CARTEL CONSUMERS DEBT DEVELOPED COUNTRIES DISTORTED INCENTIVES DIVERSIFICATION ECONOMIC COOPERATION ECONOMIC EFFICIENCY ECONOMIC POLICIES ENTITLEMENTS EXCHANGE RATES EXPORTS FARM INPUTS FARM PRICES FARMERS FARMING SYSTEMS FARMLAND FARMS FIXED COSTS FREE MARKETS FREE TRADE GDP IMPORT QUOTAS IMPORTS INCOME INCOME LEVELS INSURANCE INSURANCE PREMIUMS LIBERALIZATION MILLING MILLS MONOPOLIES NATURAL ENDOWMENTS PLANTATIONS POLICY INSTRUMENTS POLITICAL ECONOMY POSITIVE EFFECTS PRODUCERS PRODUCTIVITY PROTECTIONISM QUOTAS RISK MANAGEMENT STRUCTURAL CHANGE SUGAR SUGAR CANE SUGAR INDUSTRY SUGAR PRICES SUGAR PROCESSING SUGAR TRADE TAKEOVER TERMS OF TRADE TRADE BARRIERS TRADE POLICIES UNDERLYING PROBLEMS URUGUAY ROUND WHOLESALE PRICES WORLD TRADE ORGANIZATION |
| spellingShingle |
AGRICULTURAL SECTOR AGRICULTURE ARABLE LAND CARTEL CONSUMERS DEBT DEVELOPED COUNTRIES DISTORTED INCENTIVES DIVERSIFICATION ECONOMIC COOPERATION ECONOMIC EFFICIENCY ECONOMIC POLICIES ENTITLEMENTS EXCHANGE RATES EXPORTS FARM INPUTS FARM PRICES FARMERS FARMING SYSTEMS FARMLAND FARMS FIXED COSTS FREE MARKETS FREE TRADE GDP IMPORT QUOTAS IMPORTS INCOME INCOME LEVELS INSURANCE INSURANCE PREMIUMS LIBERALIZATION MILLING MILLS MONOPOLIES NATURAL ENDOWMENTS PLANTATIONS POLICY INSTRUMENTS POLITICAL ECONOMY POSITIVE EFFECTS PRODUCERS PRODUCTIVITY PROTECTIONISM QUOTAS RISK MANAGEMENT STRUCTURAL CHANGE SUGAR SUGAR CANE SUGAR INDUSTRY SUGAR PRICES SUGAR PROCESSING SUGAR TRADE TAKEOVER TERMS OF TRADE TRADE BARRIERS TRADE POLICIES UNDERLYING PROBLEMS URUGUAY ROUND WHOLESALE PRICES WORLD TRADE ORGANIZATION Larson, Donald F. Borrell, Brent Sugar Policy and Reform |
| relation |
Policy Research Working Paper;No. 2602 |
| description |
Reviewing cross-country experience with
sugar policies, and policy reform, the authors conclude that
long-standing government interventions - rooted in
historical trade arrangements, fear of shortages, and
conflicting interests between growers, and sugar mills -
often displace both the markets, and the institutions
required to produce efficient outcomes. Arrangements rooted
in colonial eras, still shape policies, and trade in the
United States, the European Union (EU), and many developing
countries. Once policies, and institutions are put in place,
households, and the value of investments grow dependent on
them, even as their usefulness fades. Firms and households
make decisions that are costly to reverse. And the result is
a legacy of path-dependent policies, in which approaches,
and instruments are greatly influenced by past agreements,
and previous interventions. The cumulative effects of these
interventions are embodied in livelihoods, political
institutions, capital stocks, and factor markets - which not
only dictate the starting point for reform, but also
determine which reform paths are feasible. Experiments with
public ownership, common in many countries, have not
succeeded. So most countries have initiated some measure of
market reform. And events relating to NAFTA, Lome, and
expansion of the EU, may bring about significant changes in
the EU, and US sugar regimes, with cascading effects on
other countries. Common problems in the sector include
determining cane quality, finding methods for fairly sharing
revenues from joint production, finding ways to take
advantage of preferential trade arrangements with minimal
negative consequences, finding ways to finance, and
encourage research, and other activities with common
benefits, identifying practices that facilitate equitable,
sustainable privatization, and determining the relationship
between sugar market reform, and markets in land, water,
credit, and other inputs. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Larson, Donald F. Borrell, Brent |
| author_facet |
Larson, Donald F. Borrell, Brent |
| author_sort |
Larson, Donald F. |
| title |
Sugar Policy and Reform |
| title_short |
Sugar Policy and Reform |
| title_full |
Sugar Policy and Reform |
| title_fullStr |
Sugar Policy and Reform |
| title_full_unstemmed |
Sugar Policy and Reform |
| title_sort |
sugar policy and reform |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2001/05/1346259/sugar-policy-reform http://hdl.handle.net/10986/19660 |
| _version_ |
1764440196215996416 |