A Handbook of Primary Commodities in the Global Economy

A Handbook of Primary Commodities in the Global Economy PDF

Author: Marian Radetzki

Publisher: Cambridge University Press

Published: 2020-11-26

Total Pages: 331

ISBN-13: 1108896286

DOWNLOAD EBOOK →

The dramatic price falls of 2014–2015 marked the end of the most powerful and enduring commodity boom since the Second World War. Now in its third edition, this book acts as a guide to the ins and outs of the primary commodity universe. Updates to this edition reflect on the consequences of both China's economic slowdown as its industrialization enters a new, less commodity demanding phase, and changes in the USA's trade policy under the Trump administration. Additionally, this edition takes into account recent developments in world oil markets and examines the effects of increased climate concerns. The authors introduce and explain pertinent issues surrounding international commodity markets such as the global geography of raw materials, price formation, price trends, the role of commodity exchanges, the threat of depletion, cartel action, state ownership, emerging commodity nationalism and more.

A Handbook of Primary Commodities in the Global Economy

A Handbook of Primary Commodities in the Global Economy PDF

Author: Marian Radetzki

Publisher: Cambridge University Press

Published: 2008-03-06

Total Pages: 244

ISBN-13: 9780521880206

DOWNLOAD EBOOK →

The world is going through an exceptional commodity boom triggered by a global demand shock largely caused by the sudden emergence of China and India as sizeable raw material importers. Prices of numerous commodities tripled between 2003 and 2006, resulting in huge windfalls for producers and a financial squeeze on consumers. A Handbook of Primary Commodities in the Global Economy is a guide to the ins and outs of this increasingly crucial part of the world economy. Assuming nothing more from readers than a basic understanding of economics, Marian Radetzki introduces and explains pertinent issues surrounding international commodity markets such as the global geography of raw materials, price formation, price trends, the role of commodity exchanges, the threat of depletion, cartel action, state ownership and the commodity nationalism.

Primary Commodities and Economic Development

Primary Commodities and Economic Development PDF

Author: Stephan Pfaffenzeller

Publisher: Taylor & Francis

Published: 2016-08-12

Total Pages: 167

ISBN-13: 131774537X

DOWNLOAD EBOOK →

Our post-industrialised global economy has achieved spectacular success and pushed back poverty to an extent previously thought impossible. This success is ultimately based on the continued supply of both renewable and non-renewable resources. Will this supply of primary commodities remain sufficient to support global economic growth? Why are the gains for countries specialising on commodity production often so limited? Can commodity dependent countries diversify into other economic activities? Primary Commodities and Economic Development addresses the changing position of primary commodities in the world economy and investigates their importance for commodity exporting under-developed countries. The book commences with a review of the theoretical foundations for inter-dependence between commodity specialisation and economic underdevelopment. Having related the role of commodity exports and the commodity terms of trade to growth models relevant to developing economies, the discussion shifts to an in-depth review of the statistical properties of the commodity terms of trade. The review of commodity price trends at the global level is then rounded off with a series of country case studies showing the concrete threats and opportunities surrounding commodity specialization. This book will be of essential reading for those with an interest in development economics and international economics, as well as for scholars of natural resource and agricultural economics.

Commodity Markets and the Global Economy

Commodity Markets and the Global Economy PDF

Author: Blake C. Clayton

Publisher: Cambridge University Press

Published: 2016

Total Pages: 215

ISBN-13: 1107042518

DOWNLOAD EBOOK →

This book provides a clear-eyed analysis of questions at the intersection of commodity markets, natural resource economics, and public policy.

Global Commodity Markets and Development Economics

Global Commodity Markets and Development Economics PDF

Author: Stephan Pfaffenzeller

Publisher: Routledge

Published: 2018-01-29

Total Pages: 166

ISBN-13: 1317483618

DOWNLOAD EBOOK →

The early 21st century has seen a prolonged price boom in non-fuel commodities, coupled with a volatile performance in fuel prices. This new collection presents the latest research on commodity prices and economic development in the context of this changing globalized economy. Global Commodity Markets and Development Economics brings together analyses from a number of perspectives in order to explore commodity price developments. Chapters explore long term commodity trends, the evolution of relative price developments, the relationship of the domestic commodity sector with global supply chains, agri-food prices, and the role of oil markets in the global economy. Through considering a diverse range of countries including China, Russia and the United States, the authors examine key fuel and non-fuel commodity markets and offer a window into important trends and developments. This book will be relevant to those with an interest in development economics, international economics and energy markets.

Primary Commodities

Primary Commodities PDF

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 1986-01-01

Total Pages: 88

ISBN-13: 1451943040

DOWNLOAD EBOOK →

This paper provides an analysis of recent developments relating to the major nonfuel primary commodities (hereafter referred to as commodities) entering international trade. The unit value of manufactured exports in dollar terms also increased every year from 1972 to 1980; the rate of increase was 1 2 percent per annum. The persistent upward trend in dollar prices of commodities that characterized much of the 1970s ended in 1980. In addition to the movements in exchange rates outlined above, which determine the differences in price movements when measured in different currencies, the factors shown in various studies to have the greatest impact on current commodity prices are the rates of world inflation, the level of economic activity in the major markets for primary commodities, and the supply of the commodities concerned. Econometric studies have shown a positive relationship between commodity prices and inflation. In one study, changes in domestic wholesale prices of the industrial countries were found to have a significantly positive relationship to commodity prices with an elasticity of about one.

Commodity Policies

Commodity Policies PDF

Author: Alasdair I. MacBean

Publisher: Taylor & Francis

Published: 2024-02-01

Total Pages: 461

ISBN-13: 1003846831

DOWNLOAD EBOOK →

Originally published in 1987, this book discusses the key issues concerned with primary commodity trade worldwide. Primary commodities are crucially important for many developing countries because very often exports in just one or two primary commodities form the sole source of income for a developing country. Developing countries need above all stability in primary commodities trade to guarantee their future development. This book examines patterns of trade, changing demand and the effects of fluctuations in spot and futures markets. It analyses theories put forward to explain the problems and it reviews the research of the many international organisations which are concerned with the problems. It examines the international agreements and bodies which have been set up to stabilise trade and assesses the performance of these agreements and organisations.

Primary Commodities

Primary Commodities PDF

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 1990-09-15

Total Pages: 48

ISBN-13: 9781557751461

DOWNLOAD EBOOK →

This study prepared by the Commodities Division of the Research Department reviews and analyzes the developments in commodity markets.