The purpose of this study is to review the state of the art of the literature on commodity price stabilization, to provide a nontechnical summary of it, and to attempt to distill from this complex and seemingly contradictory literature common conclusions and guidelines that might provide useful guidelines to operational economists dealing with the subject. The main conclusions drawn are: (i) producers generally prefer price instability when they are...
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1983/12/31
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Рабочий документ департамента
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CPD8321
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1
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1
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2017/11/15
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Disclosed
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Commodity price stabilization : theory and applications
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