5485272
9780198284727
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The collapse of the International Tin Agreement has led to the belief that commodity price intervention is unnecessary and unlikely to succeed. However, as long as Third World producers continue to experience difficulties in obtaining adequate credit, there will be a need for some form of international commodity policy, and stabilization schemes will remain candidates. This book discusses the formulation of such schemes, developing a mathematical model for commodity markets and examining its welfare effects and implications for intervention.Ghosh, Shyamal K. is the author of 'Stabilizing Speculative Commodity Markets', published 1987 under ISBN 9780198284727 and ISBN 0198284721.
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