Effects of Trade Liberalization on the World Sugar Market
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The purpose of this report is to present and discuss findings of a study of trade liberalization on the World sugar market. The study considers the following scenarios: (a) the effects of trade liberalization from the Uruguay Round (UR), (b) the effects of complete global trade liberalization, (c) the effects of partial trade liberalization, (d) the effects of complete trade liberalization in the industrialized countries, (e) the effects of partial trade liberalization in the industrialized coun tries, (f) the effects of complete trade liberalization in the major developing countries (Brazil, China, Indonesia, and Republic of Korea), and (g) the effects of partial trade liberalization in the major developing countries. The analysis focused on changes in the world sugar price and on changes in production, consumption, stock changes, and net trade in the 42 countries and/or regions: USA, Canada, European Union, Other Western Europe, Poland, Other Eastern Europe, Former USSR, Japan, Austra lia, New Zealand, Fiji, Rest of Oceania, China, India, Indonesia, Philippines, Thailand, Malaysia, Pakistan, Vietnam, Korea, Bangladesh, Other Asia, Cuba, Guatemala, Mexico, Argentina, Brazil, Chile, Other Latin America, South Africa, Kenya, Zimbabwe, Algeria, Malawi, Tanzania, Egypt, Mauritius, Rest of Africa, Turkey, Saudi Arabia, and Other Near Eastern countries. In addition to these countries, analysis of trade liberalization on the ACP countries and SIS aggregate was also conducted, includi ng an analysis of the effects on these aggregates from revision of the ACP/EC Protocol. Also, a separate analysis was conducted on the impact of selected trade scenarios on individual ACP countries and developing export and import countries.