The essay should be word processed. It should not exceed 1500 words in length.
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Essay Question and the name of your Module tutor
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Word Count Figure
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Endnotes
Bibliography
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
https://www.odi.org/sites/odi.org.uk/files/odi-assets/publications-opinion-files/2420.pdf)
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 available at https://soundcloud.com/#imf-podcasts/paul-collier-on-undoing-the
Extractive Industries Initiative available at www.eiti.org
ICO (2013) Coffee Market Report March (accessed April 6th 2013) www.ico.org/documents/cy2012-13/cmr-0313-e.pdf
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) www.unctad.org/en/PublicationsLibrary/aldc2012d1_en.pdf
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 available at
https://dfid-agriculture-consultation.nri.org/summaries/dfidwp2.pdf
Fairtrade Foundation (2011) Fair and Local: Famers of the World Unite available at
https://www.fairtrade.org.uk/includes/documents/cm_docs/2011/F/Fair%20and%20local%20-%20Farmers%20of%20the%20world%20unite.pdf
Fairtrade Foundation (2013) Powering Up Smallholder Famers to Make Food Fair- A Five Point Agenda available at
https://www.fairtrade.org.uk/includes/documents/cm_docs/2013/F/FT_smallholder%20report_2013_lo-res.pdf
Fairtrade Foundation (2012) Cocoa Commodity Report available at
https://www.fairtrade.org.uk/includes/documents/cm_docs/2011/C/Cocoa%20Briefing%20FINAL%208Sept11.pdf
Fairtrade Foundation (2012) Coffee Commodity Report available at
https://www.fairtrade.org.uk/includes/documents/cm_docs/2012/F/FT_Coffee_Report_May2012.pdf
Fairtrade Foundation (2009) Unpeeling the Banana Trade available at
https://www.fairtrade.org.uk/includes/documents/cm_docs/2009/f/1_ft_banana_reportweb.pdf
World Bank (2008) Agriculture for Development , World Development Report 2008, New York: World Bank available at
https://siteresources.worldbank.org/INTWDRS/Resources/477365-1327599046334/8394679-1327614067045/WDROver2008-ENG.pdf
