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Transition, Transformation, and Turmoil: Global Economic Impacts on U.S. Food Exports

Опубликовано на портале: 13-04-2005
Journal of Food Distribution Research. 2000.  Vol. 31. No. 1. P. 73-82. 
It was just over a year ago that journalists, politicians, businessmen and even some economists were pondering the “end of global capitalism.” A number of Asian currencies and financial markets were on the brink of collapse. We no longer hear the frets and concerns over the failure of global capitalism. Unfortunately, however, the lack of current headline news about worldwide currency markets does not mean that the problems have gone away or that we are no longer troubled by these events. In fact U.S. production agriculture and U.S. food products exports both have along way to go before they recover from the worldwide macroeconomic conditions of 1997 and 1998. With an eye to understanding history so as not to repeat it, we examine the events that brought on these difficulties in the East Asian nations. We also look at the impact of these events on U.S. exports of food products during 1997, 1998, and early 1999.

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