Bol Partner

WIDER Studies in Development Economics Commodity Supply Management by Producing Countries

Name: WIDER Studies in Development Economics Commodity Supply Management by Producing Countries
SKU: c3dba03b85a476c5514e4db3e204f126
Price: 19.95 EUR
Availability: InStock

1/1

Afbeelding van WIDER Studies in Development Economics Commodity Supply Management by Producing Countries

Bol Partner

Prijzen vanaf

19,95

Uitgelicht

	19,95	Naar shop
VERGELIJK ALLE AANBIEDERS (1)

Beschrijving

Bol Partner The collapse in commodity prices since 1980 have been a major cause of the economic crisis in a large part of the Third World. This book demonstrates, using new econometric models, that the producing countries could have prevented this price collapse by appropriate supply management. The collapse in commodity prices since 1980 has been a major cause of the economic crisis in a large number of developing countries. This book investigates whether the commodity-producing countries, by joint action, could have prevented the price collapse by appropriate supply management. The analysis is focused on the markets for the tropical beverage crops: coffee, cocoa, and tea. Using new econometric models for each market, the impact of alternative supply management schemes on supply, consumption, prices, and export earnings is simulated for the later 1980s. The results indicate that supply management by producing countries would, indeed, have been a viable alternative to the `free market' approach favoured by the developed countries. This has important implications for current international commodity policy, and, in particular, for future joint action by producing countries to overcome persistent commodity surpluses as a complement to needed diversification.

Lees meer

Vergelijk aanbieders (1)

Sorteren op:

gebruikt € 19,95 Gratis verzending

Beschrijving (1)

The collapse in commodity prices since 1980 have been a major cause of the economic crisis in a large part of the Third World. This book demonstrates, using new econometric models, that the producing countries could have prevented this price collapse by appropriate supply management. The collapse in commodity prices since 1980 has been a major cause of the economic crisis in a large number of developing countries. This book investigates whether the commodity-producing countries, by joint action, could have prevented the price collapse by appropriate supply management. The analysis is focused on the markets for the tropical beverage crops: coffee, cocoa, and tea. Using new econometric models for each market, the impact of alternative supply management schemes on supply, consumption, prices, and export earnings is simulated for the later 1980s. The results indicate that supply management by producing countries would, indeed, have been a viable alternative to the `free market' approach favoured by the developed countries. This has important implications for current international commodity policy, and, in particular, for future joint action by producing countries to overcome persistent commodity surpluses as a complement to needed diversification.

Lees meer