The "Cotton Problem"
Cotton is an important cash crop in many developing economies, supporting the livelihoods of millions of poor households. In some countries it contributes as much as 40 percent of merchandise exports and more than 5 percent of gross domestic product (GDP). The global cotton market, however, has been subject to numerous policy interventions, to the detriment of nonsubsidized producers. This examination of the global cotton market and trade policies reaches four main conclusions. First, rich cotton-producing countries should stop supporting their cotton sectors; as an interim step, transfers to the cotton sector should be fully decoupled from current production decisions. Second, many cotton-producing (and often cotton-dependent) developing economies need to complete their unfinished reform agenda. Third, new technologies, especially genetically modified seed varieties, should be embraced by developing economies; this will entail extensive research to identify varieties appropriate to local growing conditions and the establishment of the proper legislative and regulatory framework. Finally, cotton promotion is needed to reverse or at least arrest cotton s decline as a share of total fiber consumption.
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ACREAGE ADVERSE EFFECTS ADVERTISING AGREEMENT ON AGRICULTURE AGRICULTURAL BIOTECHNOLOGY AGRICULTURAL DEVELOPMENT AGRICULTURAL ECONOMICS AGRICULTURAL MARKETS AGRICULTURAL POLICIES AGRICULTURAL POLICY AGRICULTURAL POLICY RESEARCH INSTITUTE AGRICULTURAL PRICING AGRICULTURAL REFORM AGRICULTURAL RESEARCH AGRICULTURAL TRADE AGRICULTURE AGRICULTURE ORGANIZATION AGRICULTURE POLICY BANKRUPTCY BARTER BASE YEAR BORDER MEASURES BORDER PRICES BRAND CAPITA CONSUMPTION CENTRAL PLANNING CHEMICAL FERTILIZERS CLOTHING CLOTHING INDUSTRY COCOA COFFEE COFFEE PRICES COMMERCIAL ENTERPRISES COMMODITIES COMMODITY COMMODITY CREDIT CORPORATION COMMODITY MARKETING COMMODITY PRICE COMMODITY PRICES COMMODITY PROGRAMS COMPARATIVE ADVANTAGE COMPETITIVENESS CONSUMER AWARENESS CONSUMERS COOPERATIVES CORN COTTON COTTON GROWING COTTON INDUSTRY COTTON MARKETING COTTON PRICE COTTON PRICES COTTON PRODUCTION COTTON SECTOR CROP CROP INSURANCE DAMAGES DEBT DEFICIENCY PAYMENTS DEMAND GROWTH DEVELOPMENT POLICY DIRECT PAYMENTS DOMESTIC MARKETS DRYING ECONOMIC OBJECTIVES ECONOMIC RELATIONS ECONOMIC SYSTEMS ECONOMICS RESEARCH EXPENDITURE EXPENDITURES EXPORT EXPORT CREDIT EXPORT SUBSIDIES EXPORTS EXTENSION SERVICES FAO FARM FARM INCOME FARM INPUTS FARM SERVICE AGENCY FARMERS FARMING FERTILIZER FERTILIZERS FIBER FIBERS FIBRES FIBRES TEXTILES FIELD TRIALS FINANCIAL CRISIS FUTURES CONTRACTS GDP GENETIC MATERIAL GINNERIES GROSS DOMESTIC PRODUCT GROWTH RATE HOUSEHOLDS IMPORT QUOTA IMPORT TARIFF IMPORT TARIFFS IMPORTS INCIDENCE OF POVERTY INDUSTRIALIZATION INNOVATION INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE INTERNATIONAL TRADE INVENTORIES JUTE LIQUIDITY MAIZE MARKET CONDITIONS MARKET DISTORTIONS MARKET FORCES MARKET INNOVATION MARKET LIBERALIZATION MARKET MECHANISMS MARKET NICHE MARKET PRICE MARKET REFORM MARKET REFORMS MARKET SHARE MARKET SYSTEMS MARKETING COOPERATIVES MARKETING LOAN MERCHANDISE MERCHANDISE EXPORTS MILLS MINIMUM PRICE MONOPOLY MULTILATERAL TRADE NATURAL RESOURCES OLIGOPOLY OLIVE OIL PER CAPITA INCOME PEST POPULATIONS PESTICIDE PLANTING POLITICAL ECONOMY POLYESTER POOR HOUSEHOLDS PREMIUM PRICE CHANGES PRICE INDEX PRICE INDICES PRICE PROSPECTS PRICE SETTING PRICE STABILIZATION PRICE SUPPORT PRICE SUPPORTS PRICE TRENDS PRICE VOLATILITY PRICING POLICY PRODUCE PRODUCER GROUPS PRODUCER ORGANIZATIONS PRODUCER PRICES PRODUCTION COSTS PRODUCTION SYSTEM PURCHASING QUALITY STANDARD REGULATORY FRAMEWORK SALES SEED SEED COMPANIES SEED TECHNOLOGY SEED VARIETIES SEEDS SISAL SMALL GROWERS SPOT PRICES SPRING STOCKS SUGAR SUPPLIERS SURPLUS SYNTHETIC FIBERS SYNTHETICS TARGET PRICE TARIFF RATE TARIFF RATES TARIFF-RATE QUOTAS TAXATION TEA TEXTILE TEXTILE INDUSTRIES TEXTILE INDUSTRY TEXTILE MILLS TEXTILE PRODUCTS TOBACCO TRADE BARRIERS TRADE LIBERALIZATION TRADE NEGOTIATIONS TRADE POLICIES TRADE POLICY TRADE REPRESENTATIVE TRANSACTION TRANSITION ECONOMIES WEEDS WHEAT WORLD MARKET WORLD MARKET PRICE WORLD MARKETS WORLD PRICE WORLD PRICES WORLD TRADE ORGANIZATION WTO YIELDS ACREAGE ADVERSE EFFECTS ADVERTISING AGREEMENT ON AGRICULTURE AGRICULTURAL BIOTECHNOLOGY AGRICULTURAL DEVELOPMENT AGRICULTURAL ECONOMICS AGRICULTURAL MARKETS AGRICULTURAL POLICIES AGRICULTURAL POLICY AGRICULTURAL POLICY RESEARCH INSTITUTE AGRICULTURAL PRICING AGRICULTURAL REFORM AGRICULTURAL RESEARCH AGRICULTURAL TRADE AGRICULTURE AGRICULTURE ORGANIZATION AGRICULTURE POLICY BANKRUPTCY BARTER BASE YEAR BORDER MEASURES BORDER PRICES BRAND CAPITA CONSUMPTION CENTRAL PLANNING CHEMICAL FERTILIZERS CLOTHING CLOTHING INDUSTRY COCOA COFFEE COFFEE PRICES COMMERCIAL ENTERPRISES COMMODITIES COMMODITY COMMODITY CREDIT CORPORATION COMMODITY MARKETING COMMODITY PRICE COMMODITY PRICES COMMODITY PROGRAMS COMPARATIVE ADVANTAGE COMPETITIVENESS CONSUMER AWARENESS CONSUMERS COOPERATIVES CORN COTTON COTTON GROWING COTTON INDUSTRY COTTON MARKETING COTTON PRICE COTTON PRICES COTTON PRODUCTION COTTON SECTOR CROP CROP INSURANCE DAMAGES DEBT DEFICIENCY PAYMENTS DEMAND GROWTH DEVELOPMENT POLICY DIRECT PAYMENTS DOMESTIC MARKETS DRYING ECONOMIC OBJECTIVES ECONOMIC RELATIONS ECONOMIC SYSTEMS ECONOMICS RESEARCH EXPENDITURE EXPENDITURES EXPORT EXPORT CREDIT EXPORT SUBSIDIES EXPORTS EXTENSION SERVICES FAO FARM FARM INCOME FARM INPUTS FARM SERVICE AGENCY FARMERS FARMING FERTILIZER FERTILIZERS FIBER FIBERS FIBRES FIBRES TEXTILES FIELD TRIALS FINANCIAL CRISIS FUTURES CONTRACTS GDP GENETIC MATERIAL GINNERIES GROSS DOMESTIC PRODUCT GROWTH RATE HOUSEHOLDS IMPORT QUOTA IMPORT TARIFF IMPORT TARIFFS IMPORTS INCIDENCE OF POVERTY INDUSTRIALIZATION INNOVATION INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE INTERNATIONAL TRADE INVENTORIES JUTE LIQUIDITY MAIZE MARKET CONDITIONS MARKET DISTORTIONS MARKET FORCES MARKET INNOVATION MARKET LIBERALIZATION MARKET MECHANISMS MARKET NICHE MARKET PRICE MARKET REFORM MARKET REFORMS MARKET SHARE MARKET SYSTEMS MARKETING COOPERATIVES MARKETING LOAN MERCHANDISE MERCHANDISE EXPORTS MILLS MINIMUM PRICE MONOPOLY MULTILATERAL TRADE NATURAL RESOURCES OLIGOPOLY OLIVE OIL PER CAPITA INCOME PEST POPULATIONS PESTICIDE PLANTING POLITICAL ECONOMY POLYESTER POOR HOUSEHOLDS PREMIUM PRICE CHANGES PRICE INDEX PRICE INDICES PRICE PROSPECTS PRICE SETTING PRICE STABILIZATION PRICE SUPPORT PRICE SUPPORTS PRICE TRENDS PRICE VOLATILITY PRICING POLICY PRODUCE PRODUCER GROUPS PRODUCER ORGANIZATIONS PRODUCER PRICES PRODUCTION COSTS PRODUCTION SYSTEM PURCHASING QUALITY STANDARD REGULATORY FRAMEWORK SALES SEED SEED COMPANIES SEED TECHNOLOGY SEED VARIETIES SEEDS SISAL SMALL GROWERS SPOT PRICES SPRING STOCKS SUGAR SUPPLIERS SURPLUS SYNTHETIC FIBERS SYNTHETICS TARGET PRICE TARIFF RATE TARIFF RATES TARIFF-RATE QUOTAS TAXATION TEA TEXTILE TEXTILE INDUSTRIES TEXTILE INDUSTRY TEXTILE MILLS TEXTILE PRODUCTS TOBACCO TRADE BARRIERS TRADE LIBERALIZATION TRADE NEGOTIATIONS TRADE POLICIES TRADE POLICY TRADE REPRESENTATIVE TRANSACTION TRANSITION ECONOMIES WEEDS WHEAT WORLD MARKET WORLD MARKET PRICE WORLD MARKETS WORLD PRICE WORLD PRICES WORLD TRADE ORGANIZATION WTO YIELDS |
| spellingShingle |
ACREAGE ADVERSE EFFECTS ADVERTISING AGREEMENT ON AGRICULTURE AGRICULTURAL BIOTECHNOLOGY AGRICULTURAL DEVELOPMENT AGRICULTURAL ECONOMICS AGRICULTURAL MARKETS AGRICULTURAL POLICIES AGRICULTURAL POLICY AGRICULTURAL POLICY RESEARCH INSTITUTE AGRICULTURAL PRICING AGRICULTURAL REFORM AGRICULTURAL RESEARCH AGRICULTURAL TRADE AGRICULTURE AGRICULTURE ORGANIZATION AGRICULTURE POLICY BANKRUPTCY BARTER BASE YEAR BORDER MEASURES BORDER PRICES BRAND CAPITA CONSUMPTION CENTRAL PLANNING CHEMICAL FERTILIZERS CLOTHING CLOTHING INDUSTRY COCOA COFFEE COFFEE PRICES COMMERCIAL ENTERPRISES COMMODITIES COMMODITY COMMODITY CREDIT CORPORATION COMMODITY MARKETING COMMODITY PRICE COMMODITY PRICES COMMODITY PROGRAMS COMPARATIVE ADVANTAGE COMPETITIVENESS CONSUMER AWARENESS CONSUMERS COOPERATIVES CORN COTTON COTTON GROWING COTTON INDUSTRY COTTON MARKETING COTTON PRICE COTTON PRICES COTTON PRODUCTION COTTON SECTOR CROP CROP INSURANCE DAMAGES DEBT DEFICIENCY PAYMENTS DEMAND GROWTH DEVELOPMENT POLICY DIRECT PAYMENTS DOMESTIC MARKETS DRYING ECONOMIC OBJECTIVES ECONOMIC RELATIONS ECONOMIC SYSTEMS ECONOMICS RESEARCH EXPENDITURE EXPENDITURES EXPORT EXPORT CREDIT EXPORT SUBSIDIES EXPORTS EXTENSION SERVICES FAO FARM FARM INCOME FARM INPUTS FARM SERVICE AGENCY FARMERS FARMING FERTILIZER FERTILIZERS FIBER FIBERS FIBRES FIBRES TEXTILES FIELD TRIALS FINANCIAL CRISIS FUTURES CONTRACTS GDP GENETIC MATERIAL GINNERIES GROSS DOMESTIC PRODUCT GROWTH RATE HOUSEHOLDS IMPORT QUOTA IMPORT TARIFF IMPORT TARIFFS IMPORTS INCIDENCE OF POVERTY INDUSTRIALIZATION INNOVATION INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE INTERNATIONAL TRADE INVENTORIES JUTE LIQUIDITY MAIZE MARKET CONDITIONS MARKET DISTORTIONS MARKET FORCES MARKET INNOVATION MARKET LIBERALIZATION MARKET MECHANISMS MARKET NICHE MARKET PRICE MARKET REFORM MARKET REFORMS MARKET SHARE MARKET SYSTEMS MARKETING COOPERATIVES MARKETING LOAN MERCHANDISE MERCHANDISE EXPORTS MILLS MINIMUM PRICE MONOPOLY MULTILATERAL TRADE NATURAL RESOURCES OLIGOPOLY OLIVE OIL PER CAPITA INCOME PEST POPULATIONS PESTICIDE PLANTING POLITICAL ECONOMY POLYESTER POOR HOUSEHOLDS PREMIUM PRICE CHANGES PRICE INDEX PRICE INDICES PRICE PROSPECTS PRICE SETTING PRICE STABILIZATION PRICE SUPPORT PRICE SUPPORTS PRICE TRENDS PRICE VOLATILITY PRICING POLICY PRODUCE PRODUCER GROUPS PRODUCER ORGANIZATIONS PRODUCER PRICES PRODUCTION COSTS PRODUCTION SYSTEM PURCHASING QUALITY STANDARD REGULATORY FRAMEWORK SALES SEED SEED COMPANIES SEED TECHNOLOGY SEED VARIETIES SEEDS SISAL SMALL GROWERS SPOT PRICES SPRING STOCKS SUGAR SUPPLIERS SURPLUS SYNTHETIC FIBERS SYNTHETICS TARGET PRICE TARIFF RATE TARIFF RATES TARIFF-RATE QUOTAS TAXATION TEA TEXTILE TEXTILE INDUSTRIES TEXTILE INDUSTRY TEXTILE MILLS TEXTILE PRODUCTS TOBACCO TRADE BARRIERS TRADE LIBERALIZATION TRADE NEGOTIATIONS TRADE POLICIES TRADE POLICY TRADE REPRESENTATIVE TRANSACTION TRANSITION ECONOMIES WEEDS WHEAT WORLD MARKET WORLD MARKET PRICE WORLD MARKETS WORLD PRICE WORLD PRICES WORLD TRADE ORGANIZATION WTO YIELDS ACREAGE ADVERSE EFFECTS ADVERTISING AGREEMENT ON AGRICULTURE AGRICULTURAL BIOTECHNOLOGY AGRICULTURAL DEVELOPMENT AGRICULTURAL ECONOMICS AGRICULTURAL MARKETS AGRICULTURAL POLICIES AGRICULTURAL POLICY AGRICULTURAL POLICY RESEARCH INSTITUTE AGRICULTURAL PRICING AGRICULTURAL REFORM AGRICULTURAL RESEARCH AGRICULTURAL TRADE AGRICULTURE AGRICULTURE ORGANIZATION AGRICULTURE POLICY BANKRUPTCY BARTER BASE YEAR BORDER MEASURES BORDER PRICES BRAND CAPITA CONSUMPTION CENTRAL PLANNING CHEMICAL FERTILIZERS CLOTHING CLOTHING INDUSTRY COCOA COFFEE COFFEE PRICES COMMERCIAL ENTERPRISES COMMODITIES COMMODITY COMMODITY CREDIT CORPORATION COMMODITY MARKETING COMMODITY PRICE COMMODITY PRICES COMMODITY PROGRAMS COMPARATIVE ADVANTAGE COMPETITIVENESS CONSUMER AWARENESS CONSUMERS COOPERATIVES CORN COTTON COTTON GROWING COTTON INDUSTRY COTTON MARKETING COTTON PRICE COTTON PRICES COTTON PRODUCTION COTTON SECTOR CROP CROP INSURANCE DAMAGES DEBT DEFICIENCY PAYMENTS DEMAND GROWTH DEVELOPMENT POLICY DIRECT PAYMENTS DOMESTIC MARKETS DRYING ECONOMIC OBJECTIVES ECONOMIC RELATIONS ECONOMIC SYSTEMS ECONOMICS RESEARCH EXPENDITURE EXPENDITURES EXPORT EXPORT CREDIT EXPORT SUBSIDIES EXPORTS EXTENSION SERVICES FAO FARM FARM INCOME FARM INPUTS FARM SERVICE AGENCY FARMERS FARMING FERTILIZER FERTILIZERS FIBER FIBERS FIBRES FIBRES TEXTILES FIELD TRIALS FINANCIAL CRISIS FUTURES CONTRACTS GDP GENETIC MATERIAL GINNERIES GROSS DOMESTIC PRODUCT GROWTH RATE HOUSEHOLDS IMPORT QUOTA IMPORT TARIFF IMPORT TARIFFS IMPORTS INCIDENCE OF POVERTY INDUSTRIALIZATION INNOVATION INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE INTERNATIONAL TRADE INVENTORIES JUTE LIQUIDITY MAIZE MARKET CONDITIONS MARKET DISTORTIONS MARKET FORCES MARKET INNOVATION MARKET LIBERALIZATION MARKET MECHANISMS MARKET NICHE MARKET PRICE MARKET REFORM MARKET REFORMS MARKET SHARE MARKET SYSTEMS MARKETING COOPERATIVES MARKETING LOAN MERCHANDISE MERCHANDISE EXPORTS MILLS MINIMUM PRICE MONOPOLY MULTILATERAL TRADE NATURAL RESOURCES OLIGOPOLY OLIVE OIL PER CAPITA INCOME PEST POPULATIONS PESTICIDE PLANTING POLITICAL ECONOMY POLYESTER POOR HOUSEHOLDS PREMIUM PRICE CHANGES PRICE INDEX PRICE INDICES PRICE PROSPECTS PRICE SETTING PRICE STABILIZATION PRICE SUPPORT PRICE SUPPORTS PRICE TRENDS PRICE VOLATILITY PRICING POLICY PRODUCE PRODUCER GROUPS PRODUCER ORGANIZATIONS PRODUCER PRICES PRODUCTION COSTS PRODUCTION SYSTEM PURCHASING QUALITY STANDARD REGULATORY FRAMEWORK SALES SEED SEED COMPANIES SEED TECHNOLOGY SEED VARIETIES SEEDS SISAL SMALL GROWERS SPOT PRICES SPRING STOCKS SUGAR SUPPLIERS SURPLUS SYNTHETIC FIBERS SYNTHETICS TARGET PRICE TARIFF RATE TARIFF RATES TARIFF-RATE QUOTAS TAXATION TEA TEXTILE TEXTILE INDUSTRIES TEXTILE INDUSTRY TEXTILE MILLS TEXTILE PRODUCTS TOBACCO TRADE BARRIERS TRADE LIBERALIZATION TRADE NEGOTIATIONS TRADE POLICIES TRADE POLICY TRADE REPRESENTATIVE TRANSACTION TRANSITION ECONOMIES WEEDS WHEAT WORLD MARKET WORLD MARKET PRICE WORLD MARKETS WORLD PRICE WORLD PRICES WORLD TRADE ORGANIZATION WTO YIELDS Baffes, John The "Cotton Problem" |
| description |
Cotton is an important cash crop in many
developing economies, supporting the livelihoods of millions
of poor households. In some countries it contributes as much
as 40 percent of merchandise exports and more than 5 percent
of gross domestic product (GDP). The global cotton market,
however, has been subject to numerous policy interventions,
to the detriment of nonsubsidized producers. This
examination of the global cotton market and trade policies
reaches four main conclusions. First, rich cotton-producing
countries should stop supporting their cotton sectors; as an
interim step, transfers to the cotton sector should be fully
decoupled from current production decisions. Second, many
cotton-producing (and often cotton-dependent) developing
economies need to complete their unfinished reform agenda.
Third, new technologies, especially genetically modified
seed varieties, should be embraced by developing economies;
this will entail extensive research to identify varieties
appropriate to local growing conditions and the
establishment of the proper legislative and regulatory
framework. Finally, cotton promotion is needed to reverse or
at least arrest cotton s decline as a share of total fiber consumption. |
| format |
Journal Article |
| topic_facet |
ACREAGE ADVERSE EFFECTS ADVERTISING AGREEMENT ON AGRICULTURE AGRICULTURAL BIOTECHNOLOGY AGRICULTURAL DEVELOPMENT AGRICULTURAL ECONOMICS AGRICULTURAL MARKETS AGRICULTURAL POLICIES AGRICULTURAL POLICY AGRICULTURAL POLICY RESEARCH INSTITUTE AGRICULTURAL PRICING AGRICULTURAL REFORM AGRICULTURAL RESEARCH AGRICULTURAL TRADE AGRICULTURE AGRICULTURE ORGANIZATION AGRICULTURE POLICY BANKRUPTCY BARTER BASE YEAR BORDER MEASURES BORDER PRICES BRAND CAPITA CONSUMPTION CENTRAL PLANNING CHEMICAL FERTILIZERS CLOTHING CLOTHING INDUSTRY COCOA COFFEE COFFEE PRICES COMMERCIAL ENTERPRISES COMMODITIES COMMODITY COMMODITY CREDIT CORPORATION COMMODITY MARKETING COMMODITY PRICE COMMODITY PRICES COMMODITY PROGRAMS COMPARATIVE ADVANTAGE COMPETITIVENESS CONSUMER AWARENESS CONSUMERS COOPERATIVES CORN COTTON COTTON GROWING COTTON INDUSTRY COTTON MARKETING COTTON PRICE COTTON PRICES COTTON PRODUCTION COTTON SECTOR CROP CROP INSURANCE DAMAGES DEBT DEFICIENCY PAYMENTS DEMAND GROWTH DEVELOPMENT POLICY DIRECT PAYMENTS DOMESTIC MARKETS DRYING ECONOMIC OBJECTIVES ECONOMIC RELATIONS ECONOMIC SYSTEMS ECONOMICS RESEARCH EXPENDITURE EXPENDITURES EXPORT EXPORT CREDIT EXPORT SUBSIDIES EXPORTS EXTENSION SERVICES FAO FARM FARM INCOME FARM INPUTS FARM SERVICE AGENCY FARMERS FARMING FERTILIZER FERTILIZERS FIBER FIBERS FIBRES FIBRES TEXTILES FIELD TRIALS FINANCIAL CRISIS FUTURES CONTRACTS GDP GENETIC MATERIAL GINNERIES GROSS DOMESTIC PRODUCT GROWTH RATE HOUSEHOLDS IMPORT QUOTA IMPORT TARIFF IMPORT TARIFFS IMPORTS INCIDENCE OF POVERTY INDUSTRIALIZATION INNOVATION INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE INTERNATIONAL TRADE INVENTORIES JUTE LIQUIDITY MAIZE MARKET CONDITIONS MARKET DISTORTIONS MARKET FORCES MARKET INNOVATION MARKET LIBERALIZATION MARKET MECHANISMS MARKET NICHE MARKET PRICE MARKET REFORM MARKET REFORMS MARKET SHARE MARKET SYSTEMS MARKETING COOPERATIVES MARKETING LOAN MERCHANDISE MERCHANDISE EXPORTS MILLS MINIMUM PRICE MONOPOLY MULTILATERAL TRADE NATURAL RESOURCES OLIGOPOLY OLIVE OIL PER CAPITA INCOME PEST POPULATIONS PESTICIDE PLANTING POLITICAL ECONOMY POLYESTER POOR HOUSEHOLDS PREMIUM PRICE CHANGES PRICE INDEX PRICE INDICES PRICE PROSPECTS PRICE SETTING PRICE STABILIZATION PRICE SUPPORT PRICE SUPPORTS PRICE TRENDS PRICE VOLATILITY PRICING POLICY PRODUCE PRODUCER GROUPS PRODUCER ORGANIZATIONS PRODUCER PRICES PRODUCTION COSTS PRODUCTION SYSTEM PURCHASING QUALITY STANDARD REGULATORY FRAMEWORK SALES SEED SEED COMPANIES SEED TECHNOLOGY SEED VARIETIES SEEDS SISAL SMALL GROWERS SPOT PRICES SPRING STOCKS SUGAR SUPPLIERS SURPLUS SYNTHETIC FIBERS SYNTHETICS TARGET PRICE TARIFF RATE TARIFF RATES TARIFF-RATE QUOTAS TAXATION TEA TEXTILE TEXTILE INDUSTRIES TEXTILE INDUSTRY TEXTILE MILLS TEXTILE PRODUCTS TOBACCO TRADE BARRIERS TRADE LIBERALIZATION TRADE NEGOTIATIONS TRADE POLICIES TRADE POLICY TRADE REPRESENTATIVE TRANSACTION TRANSITION ECONOMIES WEEDS WHEAT WORLD MARKET WORLD MARKET PRICE WORLD MARKETS WORLD PRICE WORLD PRICES WORLD TRADE ORGANIZATION WTO YIELDS |
| author |
Baffes, John |
| author_facet |
Baffes, John |
| author_sort |
Baffes, John |
| title |
The "Cotton Problem" |
| title_short |
The "Cotton Problem" |
| title_full |
The "Cotton Problem" |
| title_fullStr |
The "Cotton Problem" |
| title_full_unstemmed |
The "Cotton Problem" |
| title_sort |
"cotton problem" |
| publisher |
Oxford University Press on behalf of the World Bank |
| publishDate |
2005-03-01 |
| url |
http://documents.worldbank.org/curated/en/2005/03/17591875/cotton-problem https://hdl.handle.net/10986/16408 |
| work_keys_str_mv |
AT baffesjohn thecottonproblem AT baffesjohn cottonproblem |
| _version_ |
1807159348065992704 |
| spelling |
dig-okr-10986164082024-08-08T14:39:13Z The "Cotton Problem" Baffes, John ACREAGE ADVERSE EFFECTS ADVERTISING AGREEMENT ON AGRICULTURE AGRICULTURAL BIOTECHNOLOGY AGRICULTURAL DEVELOPMENT AGRICULTURAL ECONOMICS AGRICULTURAL MARKETS AGRICULTURAL POLICIES AGRICULTURAL POLICY AGRICULTURAL POLICY RESEARCH INSTITUTE AGRICULTURAL PRICING AGRICULTURAL REFORM AGRICULTURAL RESEARCH AGRICULTURAL TRADE AGRICULTURE AGRICULTURE ORGANIZATION AGRICULTURE POLICY BANKRUPTCY BARTER BASE YEAR BORDER MEASURES BORDER PRICES BRAND CAPITA CONSUMPTION CENTRAL PLANNING CHEMICAL FERTILIZERS CLOTHING CLOTHING INDUSTRY COCOA COFFEE COFFEE PRICES COMMERCIAL ENTERPRISES COMMODITIES COMMODITY COMMODITY CREDIT CORPORATION COMMODITY MARKETING COMMODITY PRICE COMMODITY PRICES COMMODITY PROGRAMS COMPARATIVE ADVANTAGE COMPETITIVENESS CONSUMER AWARENESS CONSUMERS COOPERATIVES CORN COTTON COTTON GROWING COTTON INDUSTRY COTTON MARKETING COTTON PRICE COTTON PRICES COTTON PRODUCTION COTTON SECTOR CROP CROP INSURANCE DAMAGES DEBT DEFICIENCY PAYMENTS DEMAND GROWTH DEVELOPMENT POLICY DIRECT PAYMENTS DOMESTIC MARKETS DRYING ECONOMIC OBJECTIVES ECONOMIC RELATIONS ECONOMIC SYSTEMS ECONOMICS RESEARCH EXPENDITURE EXPENDITURES EXPORT EXPORT CREDIT EXPORT SUBSIDIES EXPORTS EXTENSION SERVICES FAO FARM FARM INCOME FARM INPUTS FARM SERVICE AGENCY FARMERS FARMING FERTILIZER FERTILIZERS FIBER FIBERS FIBRES FIBRES TEXTILES FIELD TRIALS FINANCIAL CRISIS FUTURES CONTRACTS GDP GENETIC MATERIAL GINNERIES GROSS DOMESTIC PRODUCT GROWTH RATE HOUSEHOLDS IMPORT QUOTA IMPORT TARIFF IMPORT TARIFFS IMPORTS INCIDENCE OF POVERTY INDUSTRIALIZATION INNOVATION INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE INTERNATIONAL TRADE INVENTORIES JUTE LIQUIDITY MAIZE MARKET CONDITIONS MARKET DISTORTIONS MARKET FORCES MARKET INNOVATION MARKET LIBERALIZATION MARKET MECHANISMS MARKET NICHE MARKET PRICE MARKET REFORM MARKET REFORMS MARKET SHARE MARKET SYSTEMS MARKETING COOPERATIVES MARKETING LOAN MERCHANDISE MERCHANDISE EXPORTS MILLS MINIMUM PRICE MONOPOLY MULTILATERAL TRADE NATURAL RESOURCES OLIGOPOLY OLIVE OIL PER CAPITA INCOME PEST POPULATIONS PESTICIDE PLANTING POLITICAL ECONOMY POLYESTER POOR HOUSEHOLDS PREMIUM PRICE CHANGES PRICE INDEX PRICE INDICES PRICE PROSPECTS PRICE SETTING PRICE STABILIZATION PRICE SUPPORT PRICE SUPPORTS PRICE TRENDS PRICE VOLATILITY PRICING POLICY PRODUCE PRODUCER GROUPS PRODUCER ORGANIZATIONS PRODUCER PRICES PRODUCTION COSTS PRODUCTION SYSTEM PURCHASING QUALITY STANDARD REGULATORY FRAMEWORK SALES SEED SEED COMPANIES SEED TECHNOLOGY SEED VARIETIES SEEDS SISAL SMALL GROWERS SPOT PRICES SPRING STOCKS SUGAR SUPPLIERS SURPLUS SYNTHETIC FIBERS SYNTHETICS TARGET PRICE TARIFF RATE TARIFF RATES TARIFF-RATE QUOTAS TAXATION TEA TEXTILE TEXTILE INDUSTRIES TEXTILE INDUSTRY TEXTILE MILLS TEXTILE PRODUCTS TOBACCO TRADE BARRIERS TRADE LIBERALIZATION TRADE NEGOTIATIONS TRADE POLICIES TRADE POLICY TRADE REPRESENTATIVE TRANSACTION TRANSITION ECONOMIES WEEDS WHEAT WORLD MARKET WORLD MARKET PRICE WORLD MARKETS WORLD PRICE WORLD PRICES WORLD TRADE ORGANIZATION WTO YIELDS Cotton is an important cash crop in many developing economies, supporting the livelihoods of millions of poor households. In some countries it contributes as much as 40 percent of merchandise exports and more than 5 percent of gross domestic product (GDP). The global cotton market, however, has been subject to numerous policy interventions, to the detriment of nonsubsidized producers. This examination of the global cotton market and trade policies reaches four main conclusions. First, rich cotton-producing countries should stop supporting their cotton sectors; as an interim step, transfers to the cotton sector should be fully decoupled from current production decisions. Second, many cotton-producing (and often cotton-dependent) developing economies need to complete their unfinished reform agenda. Third, new technologies, especially genetically modified seed varieties, should be embraced by developing economies; this will entail extensive research to identify varieties appropriate to local growing conditions and the establishment of the proper legislative and regulatory framework. Finally, cotton promotion is needed to reverse or at least arrest cotton s decline as a share of total fiber consumption. 2013-12-19T20:04:32Z 2013-12-19T20:04:32Z 2005-03-01 Journal Article Article de journal Artículo de revista http://documents.worldbank.org/curated/en/2005/03/17591875/cotton-problem World Bank Research Observer doi:10.1093/wbro/lki004 https://hdl.handle.net/10986/16408 English en_US World Bank Research Observer CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ World Bank text/plain application/pdf Oxford University Press on behalf of the World Bank |