1998
The Globalisation and Liberalisation of Asian Labour Markets
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“…In both industrialized and developing countries, agribusinesses coordinate webs of subcontractors -smallholders, logistical intermediaries, research laboratories, financial subsidiaries -in order to exploit existing markets and create new ones in areas that are still reliant on local farms. Neoliberal policies have deregulated marketing boards, abolished rural assistance schemes and eliminated price supports, while speculation in land and water rights have become critical sources of accumulation, driving up costs (Rosewarne, 2019). In global markets, transnational supermarket chains and fast-food outlets demand low prices that only producers operating at greater economies of scale can deliver at a profit.…”
Section: Financializing Food Systems
mentioning
confidence: 99%