International commodity policy : a quantitative analysis
Author(s)
Bibliographic Information
International commodity policy : a quantitative analysis
(Commodities series)
Routledge, 1993
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Note
Includes bibliographical references (p. [282]-297) and index
Description and Table of Contents
Description
"International Commodity Policy" strives to provide a wide-ranging and comprehensive analysis of current commodity policies internationally. It discusses two major methods of market regulation: price stablization and compensatory finance. The authors analyze whether major commodity policies have reached their primary objectives and to what extent they have had economic side effects. Discussion of more general policy issues centres around three international commodity agreements for coffee, rubber, and cocoa. The authors also look at the policies adopted by individual nations to regulate commodity trading and assess to what extent they have reached their objectives. Finally, a discussion of the intervention of the IMF and Stabex assesses the degree of stability they can provide in a highly volatile and variable environment.
Table of Contents
Part 1 The politics and economics of commodity agreements and compensation: 1. The history and politics of international commodity agreements and compensatory financing. 2. The economics of stabilization, an historical survey. Part 2 Compensatory financing - an economic evaluation of current programmes: 3. The IMF's compensatory financing facility. 4. Commodity-related financial compensation by the European community. 5. Food cereal import facility. Part 2 Commodity arrangements - an economic evaluation of current programmes: 6. The international coffee agreement. 7. The international natural rubber agreement. 8. The international cocoa agreements. 9. Commodity protocols. 10. A comparison and evaluation of the arrangements.
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