Articles
THE EFFECTS OF C.M.O.B. ON THE SPANISH MARKET OF BANANA: AN ANALYSIS OF SUPPLY AND PRICES
Article number
490_64
Pages
591 – 598
Language
Abstract
At the beginning of 1993, Spain was one of the countries in the European Union with protective laws in banana commerce.
Since 1930 Canary Islands have been the only suppliers of the Spanish market.
In 1972 banana imports were forbidden by law, creating a situation of monopoly, where banana supply and demand moved in particular conditions during many years.
Since 1930 Canary Islands have been the only suppliers of the Spanish market.
In 1972 banana imports were forbidden by law, creating a situation of monopoly, where banana supply and demand moved in particular conditions during many years.
Everything changed with E.C. Regulation 404/93 and the Common Market Organisation of Banana (C.M.O.B.). Banana imports from South America have made it possible to choose, and the competence has reduced and stabilised the prices in a lower level than before.
Exactly the same thing has happened to the banana grower’s income, but the compensatory aid has helped them to continue the activity.
Publication
Authors
Juan S. Nuez Yánez
Keywords
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