Save

Globalization and World Dairy Trade: An Assessment

In: The Journal of World Investment & Trade
Author:
Ramphul Assistant Professor, Department of Business Economics, Maharshi Dayanand University, India ramphul.ramphul@gmail.com

Search for other papers by Ramphul in
Current site
Google Scholar
PubMed
Close
Download Citation Get Permissions

Access options

Get access to the full article by using one of the access options below.

Institutional Login

Log in with Open Athens, Shibboleth, or your institutional credentials

Login via Institution

Purchase

Buy instant access (PDF download and unlimited online access):

$40.00

The study explores the pattern and trend on global dairy trade and changes resulting from globalization being introduced under the auspices of the WTO. The results suggest that WTO has failed to increase the growth pace of value of world dairy trade and to reduce the world dairy markets volatility. The study finds that global dairy trade has been dominated by developed countries. Developed countries are net dairy exporters. Conversely, developing and least developed countries are net dairy importers. During post-WTO phase, least developed countries’ dairy trade deficit has expanded significantly. Developing world has been the largest producer as well as consumer of dairy products. Given thinness and increasing volatility of world dairy markets, it would be prudent for developing countries to increase the investment in dairy industry for enhancing the growth pace of dairy production to meet their faster growing demand.

Content Metrics

All Time Past 365 days Past 30 Days
Abstract Views 565 89 8
Full Text Views 151 7 0
PDF Views & Downloads 72 15 0