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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Main Author: D.J. MORGAN
Format: Article
Language:English
Published: Associazione Economia civile 2014-03-01
Series:PSL Quarterly Review
Subjects:
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
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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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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