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"Banana War" And World Trade Changes

Author

Listed:
  • Valenciano, Jaime de Pablo
  • Battistuzzi, Miguel Angel Giacinti
  • Azcaráte, Tomás García

Abstract

The EU banana import regime has been controversial during years and years and it deserves to be looked at. This article aims to analyse the results of the negotiation process which ended the latent conflict (known as ‘banana war’); it also compares the ex ante predictions and the ex post results. In order to better understand the significant differences, we look for the triple evolution: trade, prices and market structures. Since 2006, many stakeholders have gained power in the international market, in particular suppliers that quickly assimilated the necessity to adapt to market changes; the EU consumers took advantage of lower prices and the EU policy adaptation to WTO rules. This article is only a case study, but its conclusions can be helpful for analysing other trade conflicts or agreements.

Suggested Citation

  • Valenciano, Jaime de Pablo & Battistuzzi, Miguel Angel Giacinti & Azcaráte, Tomás García, 2015. ""Banana War" And World Trade Changes," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 3(2), pages 1-12, April.
    • Handle: RePEc:ags:ijfaec:206305
    DOI: 10.22004/ag.econ.206305
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    References listed on IDEAS

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