Global Power Shifts and the Cotton Subsidy Problem
How Emerging Powers Became the New Kings of Cotton Subsidies
Bibliographic Data
| ID | 6147064 |
|---|---|
| Authors | Kristen Hopewell (0000-0002-4074-2629, University of British Columbia, corresponding author) |
| Year | 2024 |
| Volume | 4 |
| Issue | 2 |
| Publication date | 2024-04-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Global Studies Quarterly (JOURNAL) |
| Journal identifiers | ISSN: 2634-3797 • E-ISSN: 2634-3797 |
| Publisher | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.1093/isagsq/ksae012 |
| OpenAlex | W4394594770 |
| Language | EN |
| References cited | 10 |
Cotton is one of the most contentious issues in the global trading system. Subsidies provided by richer countries have had a devastating impact on the welfare of poor cotton farmers in the developing world. Cotton subsidies have long been seen as a symbol of the injustices of the trading system—a harm perpetrated by the rich countries of the Global North against the poor countries of the Global South. This conception of the global cotton subsidy problem is deeply entrenched and has profoundly shaped contemporary debates about power and fairness in the multilateral trading system. As this article shows, however, the prevailing view of the global cotton subsidy problem is now simply outdated and inaccurate. Today, the biggest providers of cotton subsidies are no longer the United States and EU but emerging economic powers like China and India. These major developing countries are providing large volume of subsidies, which are distorting global production and trade, and harming some of the world’s poorest and most vulnerable farmers in other developing countries. The cotton subsidy problem is no longer simply a North–South issue. Addressing the problem requires tackling all harmful subsidies, including those from large emerging economies
Agricultural economics · Business · Economics · Market economy · Physics · Power (physics · Subsidy · Economic Sanctions and International Relations · Global trade and economics · International Development and Aid
Constructing the International Economy
Emerging Powers, Leadership, and South–South Solidarity
The Xinjiang Case and Its Implications from a Business Ethics Perspective
Governing through empowerment
Governing Cotton
Clash of Powers
The future of agricultural trade governance in the World Trade Organization
| Citation velocity | historical |
|---|---|
| Highly cited | No |