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 produc...

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Bibliographic Details
Main Author: Baffes, John
Format: Journal Article
Language:English
en_US
Published: Oxford University Press on behalf of the World Bank 2013
Subjects:
FAO
GDP
TEA
WTO
Online Access:http://documents.worldbank.org/curated/en/2005/03/17591875/cotton-problem
http://hdl.handle.net/10986/16408
id okr-10986-16408
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic 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
Baffes, John
The "Cotton Problem"
geographic_facet Africa
Tajikistan
Turkmenistan
Uzbekistan
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
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 2013
url http://documents.worldbank.org/curated/en/2005/03/17591875/cotton-problem
http://hdl.handle.net/10986/16408
_version_ 1764433506814918656
spelling okr-10986-164082021-04-23T14:03:30Z 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 http://documents.worldbank.org/curated/en/2005/03/17591875/cotton-problem World Bank Research Observer doi:10.1093/wbro/lki004 http://hdl.handle.net/10986/16408 English en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ World Bank Oxford University Press on behalf of the World Bank Publications & Research :: Journal Article Publications & Research :: Journal Article Africa Tajikistan Turkmenistan Uzbekistan