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AuthorUnited Nations Conference on Trade and Development
TitleThe World Commodity Economy: Recent Evolution, Financial Crises, and Changing Market Structures
Imprint Geneva, United Nations. 1999
Connect tohttp://161.200.145.45/docs/en/c1d27.en.pdf
Descript 20 pages

SUMMARY

Abstract: The report discusses the dynamics and the place of commodities in world trade as well as the declining share of developing countries. The historically extremely low prices for commodities and the widening margins between international prices for commodities and consumer prices are also covered. Analysis of the links between recent financial crises and commodity markets, shows both the impact of the former on the latter and the considerably better performance of the commodity sector in crisis-stricken countries, following currency depreciations, compare with other parts of the economy. Concerning the changing structure of markets, the concentration on the demand side of world commodity markets is continuing, while state participation in developing countries agricultural sectors is radically reduced. The domestic provision of some crucial services has been hampered and purchasing firms with large financial resources have been able to penetrate deep into the marketing and production structures in developing countries


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International Institute for Trade and Developement : UNCTAD CollectionTD/B/COM.1/27/Add.1CHECK SHELVES

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