East Africa and three international commodity agreements : the lessons of experience
More info.
Gwyer, G. D. (1972) East Africa and three international commodity agreements : the lessons of experience. Discussion Paper 129, Nairobi: Institute for Development Studies, University of Nairobihttp://opendocs.ids.ac.uk/opendocs/handle/123456789/485
318603
Publisher
Institute for Development Studies, University of Nairobi
Description
East Africa relies heavily on the export of agricultural
commodities for foreign exchange. Three of East Africa's most
important agricultural exports have been subject to quotas under
international commodity agreements: the International Coffee
Agreement, the informal sisal agreement, and the informal tea
agreement. This, paper focuses on a hitherto neglected aspect of
their wordings: the distribution of gains from membership among
exporting countries. In reviewing the major developments under
each agreement, the value of commodity agreements to East African
countries is questioned. Particular attention is given to the
determination of export shares, which are shown to be difficult
to change once allocated. The need to take account of employment
effects as well as possible income gains in calculating costs/
benefits of membership of commodity agreements is emphasised.
Rights
http://creativecommons.org/licenses/by-nc-nd/3.0/Institute for Development Studies, University of Nairobi