Pre and Post Millennium Trends In Sugar Industry
A comparative analysis of developed and developing nations
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Sugar has often been cited as one of the most policy distorted of all agricultural commodities. These distortions have led some commentators to describe the world market as one where prices bear little relation to average costs of sugar production of the more efficient producers. Much of this is to be blamed on the high level of support and protection give to the sugar industries in OECD countries. The main objective of this paper is to analyse the policy structure in the sugar industry in various countries. This paper also attempts to analyze the pre and post millennium trends in the sugar in...
Sugar has often been cited as one of the most policy distorted of all agricultural commodities. These distortions have led some commentators to describe the world market as one where prices bear little relation to average costs of sugar production of the more efficient producers. Much of this is to be blamed on the high level of support and protection give to the sugar industries in OECD countries. The main objective of this paper is to analyse the policy structure in the sugar industry in various countries. This paper also attempts to analyze the pre and post millennium trends in the sugar industry. The paper first looks into the history of sugar production in each of the countries. Then it looks in the present policy structure of the government related to the sector.
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