Globalization and Poverty in Senegal: A Worst Case Scenario?

Miet Maertens, Liesbeth Colen and Johan Swinnen

No 51668, 2009 Conference, August 16-22, 2009, Beijing, China from International Association of Agricultural Economists

Abstract: There is no consensus about how globalization –trade and foreign investments – affects poverty reduction. Using household survey data, this study contributes to the empirical literature on globalization and poverty by analyzing the household-level implications of increased foreign investments and trade in the horticulture sector in Senegal. In many aspects this represents what many would consider a “worst-case scenario”. Stringent rich country standards are imposed on exports and the supply chain is controlled by a single multinational company with extreme levels of supply base consolidation, full vertical integration and complete exclusion of smallholder suppliers. We analyze and quantify income and poverty effects under these “worst-case conditions” and find significant positive welfare impacts through employment creation and labor market participation.

Keywords: Agribusiness; Agricultural and Food Policy; Community/Rural/Urban Development; Food Security and Poverty; International Relations/Trade (search for similar items in EconPapers)
Pages: 44
Date: 2009
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Citations: View citations in EconPapers (2)

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Related works:
Journal Article: Globalisation and poverty in Senegal: a worst case scenario? (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:iaae09:51668

DOI: 10.22004/ag.econ.51668

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