Commodity supply management by producing countries : a case study of the tropical beverage crops

書誌事項

Commodity supply management by producing countries : a case study of the tropical beverage crops

by Alfred Maizels, Robert Bacon, George Mavrotas

Clarendon Press, c1997

大学図書館所蔵 件 / 11

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注記

"A study prepared for the World Institute for Development Economics Research of the United Nations University (UNU/WIDER)."

Includes bibliographical references and index

内容説明・目次

内容説明

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.

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