The Forces Shaping World Cotton Consumption After the Multifiber Arrangement

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英文名称：

The Forces Shaping World Cotton Consumption After the Multifiber Arrangement

作者：

Stephen MacDonald; Thomas Vollrath

工作单位：

USDA's Economic Research Service

来源地址：

https://www.ers.usda.gov/publications/pub-details/?pubid=35836

关键词：

Textiles;  cotton;  clothing;  apparel;  Multifiber Arrangement;  quotas;  trade policy;  China;  India;  fiber;  income; 

年份：

2005

出版地：

Washington, DC, USA

总页数：

30 pp

语种：

English

摘要：

The phaseout of the Multifiber Arrangement (MFA) and other forces are reshaping world textile and cotton markets. The elimination of the MFA is helping reduce clothing prices in the United States and the EU and effecting a shift in industrial demand for cotton to China, India, and Pakistan. At the same time, world cotton consumption has accelerated along with economic growth since 1999, especially in developing Asia, where an emerging consumer society is driving increases in household consumption of clothing and other cotton products. In the long run, income growth and technical change have more of an effect on world cotton consumption than the elimination of the MFA.