Commodity Supply Management by Producing Countries : A Case-Study of the Tropical Beverage Crops Hardback
by Alfred (Senior Associate, Queen Elizabeth House, Senior Associate, Queen Elizabeth House, O Maizels, Robert (Fellow in Economics, Fellow in Economics, Oxford University) Bacon, George (Queen Elizabeth House, Queen Elizabeth House, Oxford University) Mavrotas
Part of the WIDER Studies in Development Economics series
Hardback
- Information
Description
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.
Information
-
Out of StockMore expected soonContact us for further information
- Format:Hardback
- Pages:256 pages, line figures, tables
- Publisher:Oxford University Press
- Publication Date:10/07/1997
- Category:
- ISBN:9780198233381
Information
-
Out of StockMore expected soonContact us for further information
- Format:Hardback
- Pages:256 pages, line figures, tables
- Publisher:Oxford University Press
- Publication Date:10/07/1997
- Category:
- ISBN:9780198233381