World market instability in primary commodities

Authors

  • R.M. STERN

DOI:

https://doi.org/10.13133/2037-3643/11498

Keywords:

Prices, primary commodities, instability, post WWII period, policy

Abstract

The work considers what the future course of prices will be in the aftermath of the remarkable increases in primary commodity prices in 1973-74. To do so, the author examines the historical trend and cyclical movements of the prices of various commodities in the period since World War II. The causes and consequences of instability and the economic policies that nations have designed to deal with instability and other aspects of primary commodities are then considered. In this regard, conflicts in commodity policies between commodity exporting and importing nations are analysed.

 

JEL: E31, N10

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Published

2014-01-03

How to Cite

STERN, R. (2014). World market instability in primary commodities. PSL Quarterly Review, 29(117). https://doi.org/10.13133/2037-3643/11498

Issue

Vol. 29 No. 117 (1976)

Section

Editorial

License

 
 
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