During the last decade dependency theory has emerged as an important, if highly controversial, perspective on contemporary North-South relations. This paper assesses the utility of dependency approaches by examining one concrete North-South relationship over an extended period, that between...

The historically unstable world trade in sugar has long stimulated multilateral efforts to stabilize sugar prices. In the negotiations leading to the International Sugar Agreement (ISA) of 1977, both producers and consumers were willing to make short-term concessions in the interest of reaching...