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The Politics of the Caribbean Basin Sugar Trade

The Politics of the Caribbean Basin Sugar Trade

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Growing global interdependence made the 1970s and 1980s a volatile period in the sugar trade during a time when Caribbean countries were economically dependent on their sugar exports. This book focuses on the evolution of the U.S.--Caribbean Basin trade and its impact on political relations between the countries. The book shows how the sugar trade was not driven by laws of supply and demand, but by various political agendas. Economic protectionism, government subsidies for inefficient elements of the sugar industry, as well as corruption and mismanagement have all played a role in the sugar trade. By providing an in-depth look at the development of current policies in the sugar trade, this book offers the needed background for making informed decisions on policy questions.