EU going BANANAS... Affecting the World and the Philippines; A Governmental Influence on Trade and Policies
A late afternoon reading and skimming regarding the influence of government towards trade creates a huge difference in terms of dramatic trade policy change. As a curiosity, I scanned my entire academic references late these evening to compare and contrast the different text presentation regarding the world trade of BANANA. Not that I want to eat banana or my late grandfather is also a farmer of banana, but I’m more interested on how the movement of trade across EU is affected by governmental influence.
As a result, some countries around the globe are being affected with “dumping” of products that one country’s small farmers are deprived of getting a bigger share of the world market. As a result the imbalance supply of bananas around the globe will result a negative impact to those farmers who are “dumped” and those farmers who cannot address the supply needs of their customers.
My Home Town Davao
Tagalog Audio (GMA News Philippines)
As a result, EU policy makers who are directly connected with WTO are finding ways to address the imbalance supply of bananas around EU countries and the globe. As to the planned visit of Mr. Barack Obama in the Philippines, I'm looking forward that the small business industries particularly the small banana farmers will have a brighter future as we all face the new ASEAN 2015.
With the globalization of the banana industry, the argument continues as to how the small farmers around the world can have a chance to play a role in the global banana market. Based from the academic text that I’m browsing, several important points that will serve as an argument topic in terms of the banana world trade are as follows:
1 Promoting Investment inflows
2 Diversification
3 Greater Growth for Manufactured Products
4 Import Substitution versus Export Promotion
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