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political economy of development

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Choose one from the following primary commodities: Coffee, Cocoa, Bananas.

Using your chosen commodity, critically examine and analyse, using demand and supply diagrams where appropriate, the problems that primary commodity producers face in both producing and selling their output. Evaluate the range of policies that can be implemented to solve these problems.

Recommended reading for this essay

Gillespie A (2014) Foundations in Economics, Oxford: OUP

ODI (2001) World Commodity Prices: Still a problem for developing countries (available at

Collier P (2010a) The Political Economy of Natural Resources, Social Research, Vol 77 No 4: Winter
(2010b) The Plundered Planet, New York:OUP

(2013) Undoing the resource curse, IMF Podcast

ICO (2013) Coffee Market Report
Pearce F (2012) The Land Grabbers- The New Fight over Who Owns the Earth, London: TransWorld Publishers
UNCTAD (2012b) Enabling the Graduation of LDCs: Enhancing the Role of Commodities and Improving Agricultural Productivity, United Nations, New York and Geneva (accessed April 10th 2013)
Otter D.W (2014) The Economic Environment in Wetherly P and Otter D (2014) The Business Environment- themes and issues: Oxford, Oxford University Press (chapter 2).

Seitz W.D and Nelson G.C (1994) Economics of Resources, Agriculture and Food, New York:McGraw Hill

Norton G.W and Alwang J (1993) An Introduction to the Economics of Agricultural Development, London:McGraw
DFID (2004) Making Agricultural Markets Work For the Poor
Fairtrade Foundation (2011) Fair and Local: Famers of the World Unite
Fairtrade Foundation (2013) Powering Up Smallholder Famers to Make Food Fair- A Five Point Agenda

Fairtrade Foundation (2012) Cocoa Commodity Report

Fairtrade Foundation (2012) Coffee Commodity Report

Fairtrade Foundation (2009) Unpeeling the Banana Trade
World Bank (2008) Agriculture for Development , World Development Report 2008, New York: World Bank

 

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