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U.S. Sugar Policy and the Caribbean Basin Economic Recovery Act: Conflicts between Domestic and Foreign Policy Objectives
Author(s) -
Messina William A.,
Seale James L.
Publication year - 1993
Publication title -
applied economic perspectives and policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.4
H-Index - 49
eISSN - 2040-5804
pISSN - 2040-5790
DOI - 10.2307/1349720
Subject(s) - foreign policy , economic recovery , sugar industry , sugar , economics , business , economic policy , international trade , development economics , political science , politics , macroeconomics , biochemistry , chemistry , law
Conflicts between U.S. domestic and foreign policy objectives are becoming more common and apparent. This article compares objectives of the U.S. sugar program with those of the Caribbean Basin Initiative. Welfare effects of several proposals ameliorating these conflicts are estimated, and the implications of these conflicts for the U.S. sugar program are discussed.