Regionalization vs. Globalization of the World Dairy Economy: Conflict or Complementarity?

摘要

This communication addresses the issue of globalization vs. regionalization of the world dairy economy through international trade in dairy products on the one hand, through internationalization of dairy and food companies on the other. In the end, the Marrakech Agricultural Agreement had little effect as such on development of international trade in dairy products and on market shares held by the various countries. This development can be explained mainly by trends and political decisions that preceded the Agreement, by the multiplication of regional free-trade agreements, and last but not least, by companies' own strategies.