International commodity problems and schemes for international compensatory financing
Several economic and political problems have arisen from the fall in commodity prices over the last ten years. The existing international commodity agreements, while useful, in practice face several difficulties. For this reason, the article proposes a development insurance fund to stabilize export...
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Format: | Article |
Language: | English |
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Associazione Economia civile
2014-03-01
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Series: | PSL Quarterly Review |
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Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11920 |
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author | D.J. MORGAN |
author_facet | D.J. MORGAN |
author_sort | D.J. MORGAN |
collection | DOAJ |
description | Several economic and political problems have arisen from the fall in commodity prices over the last ten years. The existing international commodity agreements, while useful, in practice face several difficulties. For this reason, the article proposes a development insurance fund to stabilize export proceeds. These schemes do not attempt to influence the terms of trade or to stabilize market price or output. Therefore, their operation in relation to commodity agreements requires further investigation.
JEL: F10, F31, F33, F42
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first_indexed | 2024-04-10T17:32:59Z |
format | Article |
id | doaj.art-eb86ac7600db42b6a115560e07a59ec5 |
institution | Directory Open Access Journal |
issn | 2037-3635 2037-3643 |
language | English |
last_indexed | 2024-04-10T17:32:59Z |
publishDate | 2014-03-01 |
publisher | Associazione Economia civile |
record_format | Article |
series | PSL Quarterly Review |
spelling | doaj.art-eb86ac7600db42b6a115560e07a59ec52023-02-03T16:43:39ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432014-03-01156310.13133/2037-3643/11920International commodity problems and schemes for international compensatory financingD.J. MORGANSeveral economic and political problems have arisen from the fall in commodity prices over the last ten years. The existing international commodity agreements, while useful, in practice face several difficulties. For this reason, the article proposes a development insurance fund to stabilize export proceeds. These schemes do not attempt to influence the terms of trade or to stabilize market price or output. Therefore, their operation in relation to commodity agreements requires further investigation. JEL: F10, F31, F33, F42 https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11920Commodity pricesinternational arrangementsinsurance fundexport proceeds |
spellingShingle | D.J. MORGAN International commodity problems and schemes for international compensatory financing PSL Quarterly Review Commodity prices international arrangements insurance fund export proceeds |
title | International commodity problems and schemes for international compensatory financing |
title_full | International commodity problems and schemes for international compensatory financing |
title_fullStr | International commodity problems and schemes for international compensatory financing |
title_full_unstemmed | International commodity problems and schemes for international compensatory financing |
title_short | International commodity problems and schemes for international compensatory financing |
title_sort | international commodity problems and schemes for international compensatory financing |
topic | Commodity prices international arrangements insurance fund export proceeds |
url | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11920 |
work_keys_str_mv | AT djmorgan internationalcommodityproblemsandschemesforinternationalcompensatoryfinancing |