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The international primary commodity markets : key policy issues for developing countries.

By:

MAIZELS, Alfred

Material type: Text

TextPublication details: 1994Action note:

3/7/00 M2LMGR

Summary: Notes that the commodity price downtrend since the 1980s was almost certainly one important element in the huge rise in the foreign debt of developing countries. Identifies short term commodity policies as (1) raising depressed levels of commodity prices, and (2) reducing excessive short-term price instability. Long term commodity policies include diversification, environmental protection, reducing remaining barriers to commodity trade, and, improving the position of natural raw materials.

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Notes that the commodity price downtrend since the 1980s was almost certainly one important element in the huge rise in the foreign debt of developing countries. Identifies short term commodity policies as (1) raising depressed levels of commodity prices, and (2) reducing excessive short-term price instability. Long term commodity policies include diversification, environmental protection, reducing remaining barriers to commodity trade, and, improving the position of natural raw materials.

3/7/00 M2LMGR

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