political economy of development

The essay should be word processed. It should not exceed 1500 words in length.Ø The essay should be properly referenced throughout. It should include a bibliography, and where appropriate endnotes.Ø Please ensure your essay has no appendices.Ø Ensure the essay includes a word count on the first page – this figure does not include tables, endnotes or the bibliography;Ø The essay should be produced with a typeface of Arial font size 14. Please use the same typeface throughout.Ø The essay should be set out double-spaced (including bibliography and endnotes).Ø All text should be ranged left and unjustified.Ø The essay should include the following statement of authenticity.“I confirm that this submission is my own work. Any quotations are properly cited using the Harvard referencing method. All errors and omissions are my responsibility alone.”DateØ The order of the essay should be as follows:Your name (forename and then surname)Essay Question and the name of your Module tutorStatement of Authenticity (make sure you sign and date the statement)Word Count FigureMain body of essayEndnotesBibliographyChoose one from the following primary commodities: Coffee, Cocoa, Bananas.Using your chosen commodity, critically examine and analyse, using demand and supply diagrams where appropriate, the problems that primary commodity producers face in both producing and selling their output. Evaluate the range of policies that can be implemented to solve these problems.Recommended reading for this essayGillespie A (2014) Foundations in Economics, Oxford: OUPODI (2001) World Commodity Prices: Still a problem for developing countries (available athttps://www.odi.org/sites/odi.org.uk/files/odi-assets/publications-opinion-files/2420.pdf)Collier P (2010a) The Political Economy of Natural Resources, Social Research, Vol 77 No 4: Winter(2010b) The Plundered Planet, New York:OUP(2013) Undoing the resource curse, IMF Podcast available at https://soundcloud.com/#imf-podcasts/paul-collier-on-undoing-theExtractive Industries Initiative available at www.eiti.orgICO (2013) Coffee Market Report March (accessed April 6th 2013) www.ico.org/documents/cy2012-13/cmr-0313-e.pdfPearce F (2012) The Land Grabbers- The New Fight over Who Owns the Earth, London: TransWorld PublishersUNCTAD (2012b) Enabling the Graduation of LDCs: Enhancing the Role of Commodities and Improving Agricultural Productivity, United Nations, New York and Geneva (accessed April 10th 2013) www.unctad.org/en/PublicationsLibrary/aldc2012d1_en.pdfOtter D.W (2014) The Economic Environment in Wetherly P and Otter D (2014) The Business Environment- themes and issues: Oxford, Oxford University Press (chapter 2).Seitz W.D and Nelson G.C (1994) Economics of Resources, Agriculture and Food, New York:McGraw HillNorton G.W and Alwang J (1993) An Introduction to the Economics of Agricultural Development, London:McGrawDFID (2004) Making Agricultural Markets Work For the Poor available athttps://dfid-agriculture-consultation.nri.org/summaries/dfidwp2.pdfFairtrade Foundation (2011) Fair and Local: Famers of the World Unite available athttps://www.fairtrade.org.uk/includes/documents/cm_docs/2011/F/Fair%20and%20local%20-%20Farmers%20of%20the%20world%20unite.pdfFairtrade Foundation (2013) Powering Up Smallholder Famers to Make Food Fair- A Five Point Agenda available athttps://www.fairtrade.org.uk/includes/documents/cm_docs/2013/F/FT_smallholder%20report_2013_lo-res.pdfFairtrade Foundation (2012) Cocoa Commodity Report available athttps://www.fairtrade.org.uk/includes/documents/cm_docs/2011/C/Cocoa%20Briefing%20FINAL%208Sept11.pdfFairtrade Foundation (2012) Coffee Commodity Report available athttps://www.fairtrade.org.uk/includes/documents/cm_docs/2012/F/FT_Coffee_Report_May2012.pdfFairtrade Foundation (2009) Unpeeling the Banana Trade available athttps://www.fairtrade.org.uk/includes/documents/cm_docs/2009/f/1_ft_banana_reportweb.pdfWorld Bank (2008) Agriculture for Development , World Development Report 2008, New York: World Bank available athttps://siteresources.worldbank.org/INTWDRS/Resources/477365-1327599046334/8394679-1327614067045/WDROver2008-ENG.pdf