The possible uses of commodity agreements

Authors

  • I.B. KRAVIS

DOI:

https://doi.org/10.13133/2037-3643/11531

Keywords:

Commodity agreements, buffer stocks, developing countries, assistance

Abstract

In recent years, the idea of commodity agreements has gained traction and a system of such agreements centred on buffer stocks is now being vigorously sought by developing countries. The present work argues, however, that even if disputed issues such as resource investment in and control over operations are resolved, it is probable that the hopes of developing countries for assistance from commodity agreements are doomed to disappoint. To argue this, the author considers each of the possible purposes that might be served by a commodity agreement - developing countries gaining control of their own resources, stabilisation and improved terms of trade.

 

JEL: F10, F30, F40

Downloads

Published

2014-01-07

How to Cite

KRAVIS, I. (2014). The possible uses of commodity agreements. PSL Quarterly Review, 31(127). https://doi.org/10.13133/2037-3643/11531

Issue

Vol. 31 No. 127 (1978)

Section

Editorial

License

 
 
Licenza Creative Commons
 
All material in this website and every article published by the Review are licensed under a Creative Commons Attribution - Non commercial - No derivates 4.0 International license.
The authors who publish on this journal maintain all rights on their works without any restrictions.