Book

COMMODITY SUPPLY MANAGEMENT BY PRODUCING COUNTRIES

Alfred Maizels, Robert Bacon and George Mavrotas

Published in print July 1997 | ISBN: 9780198233381
Published online October 2011 | e-ISBN: 9780191678981 | DOI: https://dx.doi.org/10.1093/acprof:oso/9780198233381.001.0001

Series: UNU/WIDER Studies in Development Economics

COMMODITY SUPPLY MANAGEMENT BY PRODUCING COUNTRIES

More Like This

Show all results sharing these subjects:

  • International Trade
  • Economic Development and Growth
  • Economic Development

GO

Show Summary Details

Preview

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.

Keywords: collapse; commodity prices; economic crisis; developing countries; supply management; econometric models; commodity surpluses

Book.  256 pages.  Illustrated.

Subjects: International Trade ; Economic Development and Growth ; Economic Development

Full text: subscription required

How to subscribe Recommend to my Librarian

Buy this work at Oxford University Press »


Table of Contents

Introduction in COMMODITY SUPPLY MANAGEMENT BY PRODUCING COUNTRIES

Chapter

Full text: subscription required

How to subscribe Recommend to my Librarian

The International Economic Background in COMMODITY SUPPLY MANAGEMENT BY PRODUCING COUNTRIES

Chapter

Full text: subscription required

How to subscribe Recommend to my Librarian

Problems of the World Markets for Tropical Beverages in COMMODITY SUPPLY MANAGEMENT BY PRODUCING COUNTRIES

Chapter

Full text: subscription required

How to subscribe Recommend to my Librarian

International Remedial Action in COMMODITY SUPPLY MANAGEMENT BY PRODUCING COUNTRIES

Chapter

Full text: subscription required

How to subscribe Recommend to my Librarian

Supply Management Options in COMMODITY SUPPLY MANAGEMENT BY PRODUCING COUNTRIES

Chapter

Full text: subscription required

How to subscribe Recommend to my Librarian

Supply Management Simulations in COMMODITY SUPPLY MANAGEMENT BY PRODUCING COUNTRIES

Chapter

Full text: subscription required

How to subscribe Recommend to my Librarian

Summary of Findings and Policy Implications in COMMODITY SUPPLY MANAGEMENT BY PRODUCING COUNTRIES

Chapter

Full text: subscription required

How to subscribe Recommend to my Librarian

The World Cocoa Market in COMMODITY SUPPLY MANAGEMENT BY PRODUCING COUNTRIES

Chapter

Full text: subscription required

How to subscribe Recommend to my Librarian

The World Coffee Market in COMMODITY SUPPLY MANAGEMENT BY PRODUCING COUNTRIES

Chapter

Full text: subscription required

How to subscribe Recommend to my Librarian

The World Tea Market in COMMODITY SUPPLY MANAGEMENT BY PRODUCING COUNTRIES

Chapter

Full text: subscription required

How to subscribe Recommend to my Librarian

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content. subscribe or login to access all content.