Crises in cotton of francophone africa: fatality or challenge for multi-dimension cooperation?

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Chapitre d’un livre de M. Fok - 2010

  • Référence bibliographique
  • Année de publication
  • 2010
  • Auteur(s)
  • M. Fok
  • Titre du document
  • Crises in cotton of francophone africa: fatality or challenge for multi-dimension cooperation?
  • Titre en anglais
  • Crises in cotton of francophone africa: fatality or challenge for multi-dimension cooperation?
  • Adresse de l'éditeur
  • London
  • Adresse email de l'auteur
  • Maison d'édition
  • Palgrave/Macmillan
  • Nom de l'éditeur
  • Nissanke, Machiko and Mavrotas, George
  • Numéros de pages
  • 165-220
  • Titre du livre (ou de la conférence)
  • Commodity Trade, Governance and Economic Institutions: New Challenges in the 21st Century
  • Pays concerné(s)
  • Afrique (Continent)
  • Thésaurus associé(s)
  • Colire
  • Mots-clé(s) Colire
  • Description des mesures
    Mesures politiques
    Débat sur les subventions et les soutiens
    Soutien au coton
    Subventions coton
    Négociations internationales
    Initiative coton Europe-Afrique
    Initiatives coton du C4
    Cycle de Doha
    Rôle des organisations paraétatiques
    Organisation para étatique de coton
    Régulation du secteur coton
    Administration de la commercialisation
    Administration du prix
    Fourniture d'intrants et de services
    Administration des mécanismes de prix
    Prix minimum
    Prix mondial
    Indice A
    Prix fixe
    Administration du prix
    Mécanismes de fixation de prix
    Rôle dans la balance des paiements
    Balance des paiements
    Perspective historique du développement économique
    Développement du coton
    Coton et développement économique
    Développement économique
    Développement rural
    Développement régional
  • Enregistré le
  • 2011-12-14
  • Modifié le
  • 2011-12-14
  • Administré par
  • Fok Michel
  • Résumé en anglais
  • Cotton was not substantially dealt with in the ‘Commodities in crisis’ analysis of Alfred Maizels, whereas it did undergo its first crisis of modern times in the mid-1980s. Curiously enough, African cotton producing countries have recently tapped, if not rehabilitated, two of Maizels' main ideas to solve the commodity crisis. They called for international intervention before the WTO arena and specifically demanded compensation to alleviate the detrimental effects resulting from subsidisation provided by a few countries/regions in the world.
    The cotton market has notably changed. From January 2008 onward, the historical Cotlook Index A for delivery in Northern Europe will be replaced by the index for Far East delivery in recognition of the vibrant economic development in Asia and its implications in terms of wealth creation and distribution. The increase in income implies changes in consumers' demand which is not necessarily in favour of commodities. In the production area, notably of cotton, productivity is thought to have been greatly enhanced by biotechnology adoption, at least in a few countries, implying a larger productivity gap at the expense of developing countries (DCs). These countries could suffer more from the continuing deterioration of the terms of trade of the cotton they produce, along with greater world price fluctuation.
    This paper applies the analysis of Maizels in assessing cotton crisis factors and updates his recommendations in order to prevent cotton crises or alleviate their effects. This contribution is based on a vision of cotton crises from the perspective of the francophone African cotton producing countries (FACs).
    The factors underlying the cotton crisis since the mid-1980s still prevail and have been exacerbated in the areas of demand, supply, price formation and currency exchange. Alfred Maizels did not exhaustively identify these factors but most of those he analyzed remain valid in the case of cotton. The solutions he put forward open the mindset for identifying crucial challenges in the international arena and in cotton-dependent countries