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The Caribbean Sugar Crisis: Consequences and Challenges

  • Scott B. MacDonald and F. Joseph Demetrius

Extract

“Being in Sugar is like collecting Confederate currency”. This assessment, offered by anthropologist Sidney Mintz (1985), is shared by many sugar industry observers, insiders, and, increasingly, by many Caribbean officials. King sugar, instrumental in shaping the diverse political, economic, and social histories of the Caribbean since colonial times, confronts a seemingly intractable crisis: a severe, and sustained, disequilibrium between global demand and supply which makes export of sugar very unattractive. Except in those cases where preferential arrangements exist between producers and consumers-the Lomé Convention, the US sugar quota system, and the Soviet guaranteed purchase of Cuban sugar-world prices for sugar are at a record low, well below production costs.

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Economist Intelligence Unit (EIU) (1985a) Quarterly Economic Review: Cuba, Dominican Republic, Haiti, Puerto Rico; Number 3. London, UK: The Economist Publications Ltd.
Economist Intelligence Unit (EIU) (1985b) Quarterly Economic Review: Cuba, Dominican Republic, Haiti, Puerto Rico; Annual Supplement. London, UK: The Economist Publications Ltd.
Evanson, R. (1985) “Soviet Political Uses of Trade with Latin America.” Journal of Interamerican Studies and World Affairs 27, 2 (Summer): 99126.
Fauriol, G. and Kopperl, A. (1985) “U.S. Sugar Policy Rots Neighboring Economies.” Wall Street Journal, 17 September.
Financial Times (London) (1985) “Survey: Belize.” 16 October: 34.
Hagelberg, G. (1985) “Sugar in the Caribbean: Turning Sunshine into Money,” pp. 85126 in Mintz, Sidney and Price, Sally (eds.) Caribbean Contours. Baltimore, MD: Johns Hopkins University Press.
James, C. (1985) ‘Jamaica To Close Three State-Owned Mills.” (London) Financial Times. 7 August.
Latin American Caribbean Report (1985) 27 September: 5. London, UK: Latin American Newsletters Ltd.
de Melo, F. and Pelin, R. (1985) As Solucaes Energéticas. São Paolo, Brasil: HUCITEC.
Mintz, S. (1985) Lecture delivered at University of Connecticut-Storrs. April.
Newfarmer, R. (1985) “Economic Policy Toward the Caribbean Basin.” Journal of Interamerican Studies and World Affairs 27, 1 (February): 6389.
Samuels, G. (1984) “Potential Production of Energy Cane for Fuel in the Caribbean.” Energy Progress 4 (December): 249251.
South Magazine (1985) “Methane from Molasses.” January: 88.
Taylor, J. (1985) “Bittersweet Days in the Caribbean.” (London) Financial Times. 13 September.
US Cane Refiners Association (USCRA) (1985) “Foreign Policy Aspects of the Government's Sugar Program.” Mimeographed statement.
US Department of Agriculture (USDA) (1985) Sugar and Sweetner: Outlook and Situation Report. Washington, DC: USDA, September.
US Department of Agriculture (USDA) (1984) Agricultural Statistics. Washington, DC: USDA.
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Latin American Politics and Society
  • ISSN: 0022-1937
  • EISSN: -
  • URL: /core/journals/latin-american-politics-and-society
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