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OverviewOriginally published in 1993, this book provides an excellent analysis of commodity policies internationally during the late 20th Century. It discusses 2 major methods of market regulation: price stabilization – based on buffer stocks or export quotas – and compensatory finance. The authors analyse 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. A discussion of the intervention of the International Monetary Fund and STABEX assesses the degree of stability they can provide in a highly volatile and variable environment. Nearly 30 years later, volatile world commodity markets are still a major issue in the policy dialogue. Although topics, policy instruments and concepts have changed, this book remains a fundamental contribution to the study of international commodity policy. It will be of great interest to students of commodity policy and economic development and economists in national and international organizations dealing with market stabilization. Full Product DetailsAuthor: Roland Herrmann , Kees Burger , Hidde P. SmitPublisher: Taylor & Francis Ltd Imprint: Routledge Weight: 0.476kg ISBN: 9781032459042ISBN 10: 1032459042 Pages: 322 Publication Date: 01 April 2023 Audience: College/higher education , Tertiary & Higher Education Format: Hardback Publisher's Status: Active Availability: In Print This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of ContentsReviewsAuthor InformationRoland Herrmann is Professor Emeritus of Agricultural and Food Market Analysis at Justus Liebig University, Giessen, Germany. Kees Burger, 1950-2016, was Associate Professor of Development Economics at Wageningen University and Research, Wageningen, Netherlands. Hidde P. Smit is an Independent Consultant on Analysis and Forecasts for the Rubber Economy. He was Secretary General of the International Rubber Study Group in London and Singapore (2005 – 2009) and Head of the Economic Research Division of the Economic and Social Institute, Free University Amsterdam (1995-2004). Tab Content 6Author Website:Countries AvailableAll regions |