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Globalized Fruit, Local Entrepreneurs - How One Banana-Exporting Country Achieved Worldwide Reach (Hardcover)
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Globalized Fruit, Local Entrepreneurs - How One Banana-Exporting Country Achieved Worldwide Reach (Hardcover)
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Bananas are the fifth most widely traded farm product. While the
results of monopolization in the banana business, such as
environmental contamination and the exploitation of labor, are
frequently criticized, Globalized Fruit, Local Entrepreneurs
demonstrates that the industry is not globally uniform, nor
uniformly rotten. Douglas Southgate and Lois Roberts challenge the
perception that multinational corporations face no significant
competitors in the banana business and argue that Ecuador and
Colombia are important sources of competition. Focusing on Ecuador,
the world's leading exporter of bananas since the early 1950s,
Globalized Fruit, Local Entrepreneurs highlights the factors that
led to the development of independent fruit industries, including
environmental conditions, governmental policies, and, most
significantly, entrepreneurship on the part of local growers and
exporters. Although multinational firms headquartered in the United
States have been active in the country, Ecuador has never been a
banana republic, dominated economically and politically by a
foreign corporation. Instead, Southgate and Roberts show that a
competitive market for tropical fruit exists in and around
Guayaquil, a port city dedicated to international commerce for
centuries. Moreover, that market has consistently rewarded
productive entrepreneurship. Drawing on interviews and archival
research, Southgate and Roberts investigate leading exporters' and
growers' origins, which are more humble than privileged, as well as
their paths to success in the banana business. Globalized Fruit,
Local Entrepreneurs shows that international marketing by
Guayaquil-based merchants has been aggressive and innovative. As a
result, Ecuador's tropical fruit sector has expanded more than it
would have done had multinational corporate dominance never been
challenged.
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