Price Stabilization on World Agricultural Markets: An Application to the World Market for Sugar
International commodity markets have traditionally attracted the attention of economists, econometricians, and policy makers especially in and following politically tumultuous times. For instance, the primary commodity price boom of 1973/74 and the subsequent period of highly volatile world market p...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
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Berlin, Heidelberg
Springer Berlin Heidelberg
1992
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| Ausgabe: | 1st ed. 1992 |
| Schriftenreihe: | Lecture Notes in Economics and Mathematical Systems
393 |
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| Online-Zugang: | BTU01 Volltext |
| Zusammenfassung: | International commodity markets have traditionally attracted the attention of economists, econometricians, and policy makers especially in and following politically tumultuous times. For instance, the primary commodity price boom of 1973/74 and the subsequent period of highly volatile world market prices initiated increased research on commodity markets which quickly focused on possible price stabilization schemes, particularly on buffer stocks. Simultaneously, the issue clearly advanced in priority on the political agenda, such that the United Nations Conference on Trade and Development (UNCTAD) proposed an "Integrated Program for Commodities" (IPC) intended to stabilize the world market prices of ten so-called "core commodities"l (UNCTAD (1974, 1976a), Behrman (1979)). Many developing nations welcomed the IPC almost enthusiastically, but it did not receive more than lukewarm support by major industrialized countries, apparently due to the experience with some thirty international commodity agreements past World War II2. Critical evaluations have, among others, been presented by McNicol (1978), Gordon-Ashworth (1984), and Macbean & Nguyen (1987). The most detailed of these studies is Gordon-Ashworth's, who concludes that "on balance ... the performance of international commodity agreements has been too unreliable and their distributive effects too uneven to secure the development goals that have been set" (1984, p. 284)3. Consequently, the IPC turned out to be quite controversial a topic on the UNCTAD's 1976 meeting in Nairobi and has not been able to gain any impetus since. lThese were cocoa, coffee, copper, cotton, jute, rubber, sisal, sugar, tea, and tin |
| Beschreibung: | 1 Online-Ressource (XI, 274 p) |
| ISBN: | 9783642467820 |
| DOI: | 10.1007/978-3-642-46782-0 |
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| 520 | |a International commodity markets have traditionally attracted the attention of economists, econometricians, and policy makers especially in and following politically tumultuous times. For instance, the primary commodity price boom of 1973/74 and the subsequent period of highly volatile world market prices initiated increased research on commodity markets which quickly focused on possible price stabilization schemes, particularly on buffer stocks. Simultaneously, the issue clearly advanced in priority on the political agenda, such that the United Nations Conference on Trade and Development (UNCTAD) proposed an "Integrated Program for Commodities" (IPC) intended to stabilize the world market prices of ten so-called "core commodities"l (UNCTAD (1974, 1976a), Behrman (1979)). Many developing nations welcomed the IPC almost enthusiastically, but it did not receive more than lukewarm support by major industrialized countries, apparently due to the experience with some thirty international commodity agreements past World War II2. Critical evaluations have, among others, been presented by McNicol (1978), Gordon-Ashworth (1984), and Macbean & Nguyen (1987). The most detailed of these studies is Gordon-Ashworth's, who concludes that "on balance ... the performance of international commodity agreements has been too unreliable and their distributive effects too uneven to secure the development goals that have been set" (1984, p. 284)3. Consequently, the IPC turned out to be quite controversial a topic on the UNCTAD's 1976 meeting in Nairobi and has not been able to gain any impetus since. lThese were cocoa, coffee, copper, cotton, jute, rubber, sisal, sugar, tea, and tin | ||
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| discipline | Mathematik Wirtschaftswissenschaften |
| discipline_str_mv | Mathematik Wirtschaftswissenschaften |
| doi_str_mv | 10.1007/978-3-642-46782-0 |
| edition | 1st ed. 1992 |
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| series2 | Lecture Notes in Economics and Mathematical Systems |
| spelling | Lucke, Bernd Verfasser aut Price Stabilization on World Agricultural Markets An Application to the World Market for Sugar by Bernd Lucke 1st ed. 1992 Berlin, Heidelberg Springer Berlin Heidelberg 1992 1 Online-Ressource (XI, 274 p) txt rdacontent c rdamedia cr rdacarrier Lecture Notes in Economics and Mathematical Systems 393 International commodity markets have traditionally attracted the attention of economists, econometricians, and policy makers especially in and following politically tumultuous times. For instance, the primary commodity price boom of 1973/74 and the subsequent period of highly volatile world market prices initiated increased research on commodity markets which quickly focused on possible price stabilization schemes, particularly on buffer stocks. Simultaneously, the issue clearly advanced in priority on the political agenda, such that the United Nations Conference on Trade and Development (UNCTAD) proposed an "Integrated Program for Commodities" (IPC) intended to stabilize the world market prices of ten so-called "core commodities"l (UNCTAD (1974, 1976a), Behrman (1979)). Many developing nations welcomed the IPC almost enthusiastically, but it did not receive more than lukewarm support by major industrialized countries, apparently due to the experience with some thirty international commodity agreements past World War II2. Critical evaluations have, among others, been presented by McNicol (1978), Gordon-Ashworth (1984), and Macbean & Nguyen (1987). The most detailed of these studies is Gordon-Ashworth's, who concludes that "on balance ... the performance of international commodity agreements has been too unreliable and their distributive effects too uneven to secure the development goals that have been set" (1984, p. 284)3. Consequently, the IPC turned out to be quite controversial a topic on the UNCTAD's 1976 meeting in Nairobi and has not been able to gain any impetus since. lThese were cocoa, coffee, copper, cotton, jute, rubber, sisal, sugar, tea, and tin Economic Theory/Quantitative Economics/Mathematical Methods Environmental Economics Economic theory Environmental economics Weltmarkt (DE-588)4117627-3 gnd rswk-swf Zuckerpreis (DE-588)4191065-5 gnd rswk-swf Agrarpreis (DE-588)4141644-2 gnd rswk-swf Zuckerweltmarkt (DE-588)4203249-0 gnd rswk-swf Agrarmarkt (DE-588)4000767-4 gnd rswk-swf Agrarweltmarkt (DE-588)4000782-0 gnd rswk-swf Zucker (DE-588)4067990-1 gnd rswk-swf Preisstabilität (DE-588)4047126-3 gnd rswk-swf (DE-588)4113937-9 Hochschulschrift gnd-content Agrarweltmarkt (DE-588)4000782-0 s Agrarpreis (DE-588)4141644-2 s DE-604 Zuckerweltmarkt (DE-588)4203249-0 s Preisstabilität (DE-588)4047126-3 s Zuckerpreis (DE-588)4191065-5 s Weltmarkt (DE-588)4117627-3 s Agrarmarkt (DE-588)4000767-4 s Zucker (DE-588)4067990-1 s Erscheint auch als Druck-Ausgabe 9783540560999 Erscheint auch als Druck-Ausgabe 9783642467837 https://doi.org/10.1007/978-3-642-46782-0 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Lucke, Bernd Price Stabilization on World Agricultural Markets An Application to the World Market for Sugar Economic Theory/Quantitative Economics/Mathematical Methods Environmental Economics Economic theory Environmental economics Weltmarkt (DE-588)4117627-3 gnd Zuckerpreis (DE-588)4191065-5 gnd Agrarpreis (DE-588)4141644-2 gnd Zuckerweltmarkt (DE-588)4203249-0 gnd Agrarmarkt (DE-588)4000767-4 gnd Agrarweltmarkt (DE-588)4000782-0 gnd Zucker (DE-588)4067990-1 gnd Preisstabilität (DE-588)4047126-3 gnd |
| subject_GND | (DE-588)4117627-3 (DE-588)4191065-5 (DE-588)4141644-2 (DE-588)4203249-0 (DE-588)4000767-4 (DE-588)4000782-0 (DE-588)4067990-1 (DE-588)4047126-3 (DE-588)4113937-9 |
| title | Price Stabilization on World Agricultural Markets An Application to the World Market for Sugar |
| title_auth | Price Stabilization on World Agricultural Markets An Application to the World Market for Sugar |
| title_exact_search | Price Stabilization on World Agricultural Markets An Application to the World Market for Sugar |
| title_exact_search_txtP | Price Stabilization on World Agricultural Markets An Application to the World Market for Sugar |
| title_full | Price Stabilization on World Agricultural Markets An Application to the World Market for Sugar by Bernd Lucke |
| title_fullStr | Price Stabilization on World Agricultural Markets An Application to the World Market for Sugar by Bernd Lucke |
| title_full_unstemmed | Price Stabilization on World Agricultural Markets An Application to the World Market for Sugar by Bernd Lucke |
| title_short | Price Stabilization on World Agricultural Markets |
| title_sort | price stabilization on world agricultural markets an application to the world market for sugar |
| title_sub | An Application to the World Market for Sugar |
| topic | Economic Theory/Quantitative Economics/Mathematical Methods Environmental Economics Economic theory Environmental economics Weltmarkt (DE-588)4117627-3 gnd Zuckerpreis (DE-588)4191065-5 gnd Agrarpreis (DE-588)4141644-2 gnd Zuckerweltmarkt (DE-588)4203249-0 gnd Agrarmarkt (DE-588)4000767-4 gnd Agrarweltmarkt (DE-588)4000782-0 gnd Zucker (DE-588)4067990-1 gnd Preisstabilität (DE-588)4047126-3 gnd |
| topic_facet | Economic Theory/Quantitative Economics/Mathematical Methods Environmental Economics Economic theory Environmental economics Weltmarkt Zuckerpreis Agrarpreis Zuckerweltmarkt Agrarmarkt Agrarweltmarkt Zucker Preisstabilität Hochschulschrift |
| url | https://doi.org/10.1007/978-3-642-46782-0 |
| work_keys_str_mv | AT luckebernd pricestabilizationonworldagriculturalmarketsanapplicationtotheworldmarketforsugar |