Corporate versus National Interest in US Trade Policy

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Corporate versus National Interest in US Trade Policy

Chiquita and Caribbean Bananas

Economics International economics Development economics and emerging economies

Author: Richard L. Bernal

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Collection: Economics and Finance

Language: English

Published by: Palgrave Macmillan

Published on: 31st October 2020

Format: LCP-protected ePub

Size: 487 Kb

ISBN: 9783030569501


Overview of the Book

This book provides a history of the WTO US-EU banana dispute through the lens of a major actor: the US-owned multinational firm, Chiquita Brands International.

It documents and explains how Chiquita succeeded in having the Clinton administration pursue a trade policy of forcing the European Union to dismantle its preferential banana import regime for exports from the small English-speaking Caribbean (ESC) countries.

The export of bananas was critically important to the social stability and economic viability of these countries and that was in the national security interest of the United States. The experience indicates that succeeding in this goal was detrimental to U.S. national security interest in the Caribbean.

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