Commodities in crisis : the commodity crises of the 1980s and the political economy of international commodity policies
Author(s)
Bibliographic Information
Commodities in crisis : the commodity crises of the 1980s and the political economy of international commodity policies
(WIDER studies in development economics)
Clarendon Press , Oxford University Press, 1992
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Research Institute for Economics & Business Administration (RIEB) Library , Kobe University図書
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Note
"A study prepared for the World Institute for Development Economics Research (WIDER) of the United Nations University."
Includes bibliographical references (p. [283]-295) and index
Description and Table of Contents
Description
The collapse in commodity prices over the past decade has been a major cause of the Third World's economic crisis. This book relates the main theoretical and empirical issues involved to perceived conflicts of interest between developed and developing countries. Short-term issues covered include the impact of the price decline on Third World economies, the global implications of commodity instability, and the arguments for raising commodity prices and export earnings from current depressed levels. Longer-term issues include market structure, technological change, protectionism, South-South and East-South trade, and diversification. Policy conflicts are discussed in a political economy framework, particularly in relation to the struggle for the Common Fund. The urgent need for a new and effective international commodity strategy is stressed, with strong emphasis on closer South-South co-operation.
Table of Contents
- Part 1 The commodity crisis and the developing countries: the commodity price collapse of the 1980s
- the impact on the developing countries
- raising depressed levels of commodity export earnings
- instability, stabilization policy, and economic development
- commodity markets and the world economy. Part 2 International commodity policy: the post-war background
- the integrated programme for commodities and the common fund negotiations on individual commodities
- compensatory finance. Part 3 Longer-term issues: the structure and control of international commodity markets
- technological change and the challenge of synthetics
- protectionist barriers to commodity trade
- new trade directions - South-South and East-South
- diversification. Part 4 The future of international commodity policy: the future of international commodity policy.
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