Susan Newman | Institute of Social Studies, The Hague (original) (raw)

Papers by Susan Newman

Research paper thumbnail of From Futures Markets to the Farm Gate: A Study of Price Formation along Tanzania’s Coffee Commodity Chain

Economic Geography, 2016

We wish to thank Ben Fine and Deborah Johnston for helpful comments as well as the editors of the... more We wish to thank Ben Fine and Deborah Johnston for helpful comments as well as the editors of the journal and three anonymous referees. This work has been made possible by support from the Swiss National Science Foundation, SOAS and the University of London.

Research paper thumbnail of From futures markets to the farm-gate

Iss Working Paper Series General Series, Dec 18, 2013

The Institute of Social Studies is Europe's longest-established centre of higher education and re... more The Institute of Social Studies is Europe's longest-established centre of higher education and research in development studies. On 1 July 2009, it became a University Institute of the Erasmus University Rotterdam (EUR). Postgraduate teaching programmes range from six-week diploma courses to the PhD programme. Research at ISS is fundamental in the sense of laying a scientific basis for the formulation of appropriate development policies. The academic work of ISS is disseminated in the form of books, journal articles, teaching texts, monographs and working papers. The Working Paper series provides a forum for work in progress which seeks to elicit comments and generate discussion. The series includes academic research by staff, PhD participants and visiting fellows, and award-winning research papers by graduate students.

Research paper thumbnail of Low-income countries and commodity price volatility

The Prospects of International Trade Regulation

Low-income countries and commodity price volatility hannah bargawi, elva bova, benno ferrarini an... more Low-income countries and commodity price volatility hannah bargawi, elva bova, benno ferrarini and susan newman * key messages r Low-income countries (LICs) are highly vulnerable to fluctuations in commodity prices. Excessive price volatility complicates macroeconomic management and can worsen long-run growth and development prospects. r Financial speculation has caused price volatility in the international markets beyond what could possibly be explained on the grounds of fundamentals of supply and demand alone. r Field studies of the cotton and coffee sectors in Tanzania and Uganda show that sound market structures and institutions need to be in place for producers, households and villages to cope with price shocks.

Research paper thumbnail of Financialized Corporate Strategies and the Restructuring of Global Supply Chains

DevIssues, 2012

The Open University's repository of research publications and other research outputs Financialize... more The Open University's repository of research publications and other research outputs Financialized corporate strategies and restructuring of global supply chains Other How to cite: Newman, Susan (2012). Financialized corporate strategies and restructuring of global supply chains. International Institute of Social Studies, The Hague. For guidance on citations see FAQs.

Research paper thumbnail of Nurture commodified? An investigation into commercial human milk supply chains

Review of International Political Economy, 2020

The material conditions in which women provide breast milk range widely, on the basis of their cl... more The material conditions in which women provide breast milk range widely, on the basis of their class and geographical provenance. The commercialisation of breast milk provision throws up questions related to debates on the transnational reconfiguration of social reproduction as they intersect with discourses on motherhood and healthy child development as well as contemporary processes of commodification of the body and the emergence of new gendered forms of atypical work in the global economy. This article presents a study of the first commercial human milk processor in India, NeoLacta Lifesciences that obtained an export license for the Australian market in 2017. These practices may be seen to be part of a wider Reproductive Industrial Complex, in which women's reproductive bodily capacities are enrolled in wider economic and financial processes, instantiating new relations between gender, race, economies and care. This article employs a feminist political economy framework that places into dialogue analyses of social reproduction and commodification with feminist science/technology studies and medical/political anthropology in order to analyse the social, political, and technical processes that transform breast milk into a commodity that is internationally traded and the implications of this for contemporary understandings of work and gender.

Research paper thumbnail of The role of international commodity exchanges in the formation and transmission of prices and price risk along international coffee chains

The 1990s has seen a shift in policy from multilateral price stabilisation schemes towards market... more The 1990s has seen a shift in policy from multilateral price stabilisation schemes towards market liberalisation and private risk management strategies in the context of income stabilisation for agro-commodity exporting low-income countries. This paper argues that such a policy has failed to consider the uneven access of market actors to hedging instruments as well as changes in the structure and relationships between derivatives and cash markets for commodities that have serious implications on the way in ...

Research paper thumbnail of Financialisation of natural resources: A Marxist approach

The collapse of the Bretton Woods Agreement in 1973 unleashed the forces that would drive the cap... more The collapse of the Bretton Woods Agreement in 1973 unleashed the forces that would drive the capital restructuring that we have seen in the last three decades. This has involved the expansion of markets in general through processes of privatization of activities and capital assets that were previously under state control, as well as the deregulation of financial markets and institutions. Financial activities have spread into several new economic sectors and areas of daily life – housing, pensions, consumption, and so on. The financialisation of natural resources has recently come to the fore in both academic and NGO circles with the food price crisis of 2008 and its implications for the poor across the globe. In addition, the perverse implications of the creation of markets for the right to pollute such as Kyoto carbon trading in increasing environmental degradation and exacerbating inequalities between the developed and developing would have been recognised. As the European sovere...

Research paper thumbnail of 'Low-income countries and commodity price volatility.' In: Cottier, Thomas and Delimatsis, Panagiotis, (eds.), The Prospects of International Trade Regulation: From Fragmentation to Coherence. Cambridge University Press.

Research paper thumbnail of The role of international commodity exchanges in the formation and transmission of prices and price risk along international coffee chains

ABSTRACT The 1990s has seen a shift in policy from multilateral price stabilisation schemes towar... more ABSTRACT The 1990s has seen a shift in policy from multilateral price stabilisation schemes towards market liberalisation and private risk management strategies in the context of income stabilisation for agro-commodity exporting low-income countries.

Research paper thumbnail of The Downside of 'Financialisation'of International Commodity Markets

Research paper thumbnail of Amnesty international? The nature, scale and impact of capital flight from South Africa

Journal of Southern African …, Jan 1, 2011

The South African Reserve Bank (SARB) announced in July 2010 its intention to introduce a new amn... more The South African Reserve Bank (SARB) announced in July 2010 its intention to introduce a new amnesty for illegal capital flight. For a flat rate fee of 10 per cent of the value of the assets, corporations and individuals disclosing their illegal expatriation of capital prior to February 2010 would receive no further penalties and be allowed to keep their assets offshore under the 'Voluntary Disclosure Programme'(VDP). SARB sees this as a first step towards the complete liberalisation of outflows. Such capital flight is not new but it has ...

Research paper thumbnail of The Developmental State and Post-Liberation South Africa

… which way is South Africa going …, Jan 1, 2010

Research paper thumbnail of The New Price Makers: An investigation into the impact of financial investment on coffee price behaviour

Challenges and Prospects for Commodity Markets in …, Jan 1, 2008

ABSTRACT The collapse of the international commodity agreements in the 1980s, together with the l... more ABSTRACT The collapse of the international commodity agreements in the 1980s, together with the liberalisation of marketing systems in commodity exporting developing countries under structural adjustment programs have removed the role of the state in the pricing of commodities. ...

Research paper thumbnail of The Crisis in South Africa: Neoliberalism, Financialization and Uneven and Combined Development

Socialist Register, Jan 1, 2011

Abstract South Africa is now,'officially', the most unequal soc... more Abstract South Africa is now,'officially', the most unequal society in the world–though there seems to be a macabre rivalry with Brazil for this status. The poorest 20 per cent of South Africans receive 1.6 per cent of total income while the richest 20 per cent benefit from 70 per cent according to the South African Government's Development Indicators 2009. In the most recent United Nation's Human Development Index of 'wellbeing', South Africa fell one place to 129th out of 182. Before the global economic crisis, South Africa had one of the highest ...

Research paper thumbnail of Financialization and Changes in the Social Relations along Commodity Chains: The Case of Coffee

Review of Radical Political Economics, Jan 1, 2009

This article examines distributional implications of the restructuring of international coffee ma... more This article examines distributional implications of the restructuring of international coffee markets that has occurred since the collapse of the International Coffee Agreement in 1989 and market liberalization in coffee producing countries under structural adjustment programs. It is argued that increased financial investment on international commodity exchanges, together with market liberalization, have given rise to opportunities and challenges for actors in the coffee industry. Given the heterogeneity of market actors, these tend to exacerbate inequalities already present in the structure of production and marketing of coffee.

Research paper thumbnail of From Futures Markets to the Farm Gate: A Study of Price Formation along Tanzania’s Coffee Commodity Chain

Economic Geography, 2016

We wish to thank Ben Fine and Deborah Johnston for helpful comments as well as the editors of the... more We wish to thank Ben Fine and Deborah Johnston for helpful comments as well as the editors of the journal and three anonymous referees. This work has been made possible by support from the Swiss National Science Foundation, SOAS and the University of London.

Research paper thumbnail of From futures markets to the farm-gate

Iss Working Paper Series General Series, Dec 18, 2013

The Institute of Social Studies is Europe's longest-established centre of higher education and re... more The Institute of Social Studies is Europe's longest-established centre of higher education and research in development studies. On 1 July 2009, it became a University Institute of the Erasmus University Rotterdam (EUR). Postgraduate teaching programmes range from six-week diploma courses to the PhD programme. Research at ISS is fundamental in the sense of laying a scientific basis for the formulation of appropriate development policies. The academic work of ISS is disseminated in the form of books, journal articles, teaching texts, monographs and working papers. The Working Paper series provides a forum for work in progress which seeks to elicit comments and generate discussion. The series includes academic research by staff, PhD participants and visiting fellows, and award-winning research papers by graduate students.

Research paper thumbnail of Low-income countries and commodity price volatility

The Prospects of International Trade Regulation

Low-income countries and commodity price volatility hannah bargawi, elva bova, benno ferrarini an... more Low-income countries and commodity price volatility hannah bargawi, elva bova, benno ferrarini and susan newman * key messages r Low-income countries (LICs) are highly vulnerable to fluctuations in commodity prices. Excessive price volatility complicates macroeconomic management and can worsen long-run growth and development prospects. r Financial speculation has caused price volatility in the international markets beyond what could possibly be explained on the grounds of fundamentals of supply and demand alone. r Field studies of the cotton and coffee sectors in Tanzania and Uganda show that sound market structures and institutions need to be in place for producers, households and villages to cope with price shocks.

Research paper thumbnail of Financialized Corporate Strategies and the Restructuring of Global Supply Chains

DevIssues, 2012

The Open University's repository of research publications and other research outputs Financialize... more The Open University's repository of research publications and other research outputs Financialized corporate strategies and restructuring of global supply chains Other How to cite: Newman, Susan (2012). Financialized corporate strategies and restructuring of global supply chains. International Institute of Social Studies, The Hague. For guidance on citations see FAQs.

Research paper thumbnail of Nurture commodified? An investigation into commercial human milk supply chains

Review of International Political Economy, 2020

The material conditions in which women provide breast milk range widely, on the basis of their cl... more The material conditions in which women provide breast milk range widely, on the basis of their class and geographical provenance. The commercialisation of breast milk provision throws up questions related to debates on the transnational reconfiguration of social reproduction as they intersect with discourses on motherhood and healthy child development as well as contemporary processes of commodification of the body and the emergence of new gendered forms of atypical work in the global economy. This article presents a study of the first commercial human milk processor in India, NeoLacta Lifesciences that obtained an export license for the Australian market in 2017. These practices may be seen to be part of a wider Reproductive Industrial Complex, in which women's reproductive bodily capacities are enrolled in wider economic and financial processes, instantiating new relations between gender, race, economies and care. This article employs a feminist political economy framework that places into dialogue analyses of social reproduction and commodification with feminist science/technology studies and medical/political anthropology in order to analyse the social, political, and technical processes that transform breast milk into a commodity that is internationally traded and the implications of this for contemporary understandings of work and gender.

Research paper thumbnail of The role of international commodity exchanges in the formation and transmission of prices and price risk along international coffee chains

The 1990s has seen a shift in policy from multilateral price stabilisation schemes towards market... more The 1990s has seen a shift in policy from multilateral price stabilisation schemes towards market liberalisation and private risk management strategies in the context of income stabilisation for agro-commodity exporting low-income countries. This paper argues that such a policy has failed to consider the uneven access of market actors to hedging instruments as well as changes in the structure and relationships between derivatives and cash markets for commodities that have serious implications on the way in ...

Research paper thumbnail of Financialisation of natural resources: A Marxist approach

The collapse of the Bretton Woods Agreement in 1973 unleashed the forces that would drive the cap... more The collapse of the Bretton Woods Agreement in 1973 unleashed the forces that would drive the capital restructuring that we have seen in the last three decades. This has involved the expansion of markets in general through processes of privatization of activities and capital assets that were previously under state control, as well as the deregulation of financial markets and institutions. Financial activities have spread into several new economic sectors and areas of daily life – housing, pensions, consumption, and so on. The financialisation of natural resources has recently come to the fore in both academic and NGO circles with the food price crisis of 2008 and its implications for the poor across the globe. In addition, the perverse implications of the creation of markets for the right to pollute such as Kyoto carbon trading in increasing environmental degradation and exacerbating inequalities between the developed and developing would have been recognised. As the European sovere...

Research paper thumbnail of 'Low-income countries and commodity price volatility.' In: Cottier, Thomas and Delimatsis, Panagiotis, (eds.), The Prospects of International Trade Regulation: From Fragmentation to Coherence. Cambridge University Press.

Research paper thumbnail of The role of international commodity exchanges in the formation and transmission of prices and price risk along international coffee chains

ABSTRACT The 1990s has seen a shift in policy from multilateral price stabilisation schemes towar... more ABSTRACT The 1990s has seen a shift in policy from multilateral price stabilisation schemes towards market liberalisation and private risk management strategies in the context of income stabilisation for agro-commodity exporting low-income countries.

Research paper thumbnail of The Downside of 'Financialisation'of International Commodity Markets

Research paper thumbnail of Amnesty international? The nature, scale and impact of capital flight from South Africa

Journal of Southern African …, Jan 1, 2011

The South African Reserve Bank (SARB) announced in July 2010 its intention to introduce a new amn... more The South African Reserve Bank (SARB) announced in July 2010 its intention to introduce a new amnesty for illegal capital flight. For a flat rate fee of 10 per cent of the value of the assets, corporations and individuals disclosing their illegal expatriation of capital prior to February 2010 would receive no further penalties and be allowed to keep their assets offshore under the 'Voluntary Disclosure Programme'(VDP). SARB sees this as a first step towards the complete liberalisation of outflows. Such capital flight is not new but it has ...

Research paper thumbnail of The Developmental State and Post-Liberation South Africa

… which way is South Africa going …, Jan 1, 2010

Research paper thumbnail of The New Price Makers: An investigation into the impact of financial investment on coffee price behaviour

Challenges and Prospects for Commodity Markets in …, Jan 1, 2008

ABSTRACT The collapse of the international commodity agreements in the 1980s, together with the l... more ABSTRACT The collapse of the international commodity agreements in the 1980s, together with the liberalisation of marketing systems in commodity exporting developing countries under structural adjustment programs have removed the role of the state in the pricing of commodities. ...

Research paper thumbnail of The Crisis in South Africa: Neoliberalism, Financialization and Uneven and Combined Development

Socialist Register, Jan 1, 2011

Abstract South Africa is now,'officially', the most unequal soc... more Abstract South Africa is now,'officially', the most unequal society in the world–though there seems to be a macabre rivalry with Brazil for this status. The poorest 20 per cent of South Africans receive 1.6 per cent of total income while the richest 20 per cent benefit from 70 per cent according to the South African Government's Development Indicators 2009. In the most recent United Nation's Human Development Index of 'wellbeing', South Africa fell one place to 129th out of 182. Before the global economic crisis, South Africa had one of the highest ...

Research paper thumbnail of Financialization and Changes in the Social Relations along Commodity Chains: The Case of Coffee

Review of Radical Political Economics, Jan 1, 2009

This article examines distributional implications of the restructuring of international coffee ma... more This article examines distributional implications of the restructuring of international coffee markets that has occurred since the collapse of the International Coffee Agreement in 1989 and market liberalization in coffee producing countries under structural adjustment programs. It is argued that increased financial investment on international commodity exchanges, together with market liberalization, have given rise to opportunities and challenges for actors in the coffee industry. Given the heterogeneity of market actors, these tend to exacerbate inequalities already present in the structure of production and marketing of coffee.