Falling demand for cotton in Turkey - 14 oct 08

The fall out from the financial crisis is spreading far and wide.

Turkey is being hit by the falling demand for cotton.

As Mohamed Vall reports, it means more people are finding themselves without a job.

Category:

News & Politics

Tags:

• AlJazeera
• Al
• Jazeera
• Turkey
• Cotton
• Financial
• Crisis
• Poverty
• Conflict

[blackxavior]

You are obviously a egostitical jerk incapable of focused conversation.

The benefits of equitable market access are well know don't pat yourself on the back to hard.

Unlike you i don't not sit in western luxury and condemn the west for all its evils while enjoying the benefits.

I am a realist. You want cheap material and high wages some one is going to get screwed. With your holier than thou attitude i assume you are a buddhist monk.

[PauloGVieira]

Haiti should not be entering trade agreements upon which market access is not reciprocated. But you're an idiot, you use "free trade" as the latest buzz word and ignore the fact that it is all about "market access".

Finally, you acknowledge I am correct that equitable market access has the potential for great economic benefit to developing countries.

But you dare complain about the inequities of "free trade" when you support the US's unfair practices that condemn millions to poverty!

[blackxavior]

A rice stock surplus that would not affect Haiti if its greedy politicians had not taken the IMF's loans dependent on free trade. If Haiti had protected its farmers and "strategic resources" haitians would not be eating mud right now.

Are you stupid? I want to retain US cotton production capabilities by supplementing farmers. I know the opportunity cost's for cotton production in some 3rd world countries are more favorable that the US's.

[tanatos5]

Oh yeah!! ALWAYS show the MOST UNDERDEVELOPED PARTS OF THE COUNTRY, and leave all the modern parts out!!

ITS LIKE SHOWING THE *SLUMS* IN Harlem/NY,, San Francisco/Philedelphia etc etc... , and than pretending as all of the US looks like that,,,as the standart of life and people hehe, niiiiiiice.

[PauloGVieira]

Yawn! If you know anything about the economic theory you will realise that the focus is not on "free trade" but rather market access.

The international price of rice rose due to gluts in market access. There is a surplus of rice stocks in the world.

LOL! you think the world may be dependent on your cotton.

[blackxavior]

The theory of free trade benefits is well known. In practice "free trade" has been a capitalist ploy by the west to open 3rd world economies to drastically cheaper resources like rice. Country like Haiti who's own farmer could not compete were put in the poor house. Then when the international price of rice rose the Haitians started starving. US tariffs cotton so we do not end up dependent on another country or the world economy for our cotton.

[jklasdfjdfksl]

also, when the big powers get market access, they make the deals contingent on "restructuring" which limits greatly how much the local government can regulate the foreign companies (they cannot enact labor or environmental regulations on the foreign companies) so the foreign companies can maximize their profit. the US, france, germany, japan, china did not develop their economies by giving equal access to all investors; they closed their markets to protect against foreign investment and access.

[jklasdfjdfksl]

then we are working on a similar notion of "free trade". equal access to markets in a nation-state world has created the growing poverty, sweatshop labor, unemployment, and suffering you see in much of the third world. countries without a developed economy cannot compete on the same level as the US/EU, etc. it turns their economies into resource and profit grab bags for the rich countries, who then control their markets and their "real economies" (what people need to survive).

[PauloGVieira]

Again, the Cairns Group - look it up. The "free market" and "free trade" is all about equalising market access.

[PauloGVieira]

You think "free trade" is one that is free from regulations, however it is one where regulations exist as a standard to ensure equal access to markets for all countries. This is the very basis for the Cairns Group and the majority of its members are developing countries.