The Resource International Agreements for Commodity Price Stabilisation : An Assessment, Christopher Gilbert, (electronic resource)

International Agreements for Commodity Price Stabilisation : An Assessment, Christopher Gilbert, (electronic resource)

Label
International Agreements for Commodity Price Stabilisation : An Assessment
Title
International Agreements for Commodity Price Stabilisation
Title remainder
An Assessment
Statement of responsibility
Christopher Gilbert
Creator
Subject
Language
eng
Summary
This paper looks at commodity stocks, their role in price determination for storable commodities, and past efforts of international stockholding arrangements with economic provisions in stabilising world prices. Low stocks to use ratios of recent years were one of a number of contributory factors to the grain price spike in 2007-08, the paper finds. However, the experience with past international commodity agreements (ICAs) with price band provisions and stockholding obligations suggests that they had only limited success in reducing the volatility of the prices they set out to stabilise, as well as being prone to many other operational problems. The paper also suggests that as a possible response to apparently inadequate private storage, public sector storage would be costly, ineffective in countering price spikes once stocks are fully exhausted, and would crowd out private storage. Some market-based approaches to countering food price volatility are also examined as alternatives to commodity storage
Member of
Cataloging source
FR-PaOEC
http://library.link/vocab/creatorName
Gilbert, Christopher
Government publication
international or intergovernmental publication
Index
no index present
Literary form
non fiction
Nature of contents
dictionaries
Series statement
OECD Food, Agriculture and Fisheries Working Papers,
Series volume
no.53
http://library.link/vocab/subjectName
Agriculture and Food
Label
International Agreements for Commodity Price Stabilisation : An Assessment, Christopher Gilbert, (electronic resource)
Instantiates
Publication
Antecedent source
not applicable
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
778836774
Dimensions
21 x 30 cm
Extent
1 online resource 41 pages
File format
one file format
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1787/5kg0ps7ds0jl-en
Specific material designation
remote
System control number
(OCoLC)778836774
Label
International Agreements for Commodity Price Stabilisation : An Assessment, Christopher Gilbert, (electronic resource)
Publication
Antecedent source
not applicable
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
778836774
Dimensions
21 x 30 cm
Extent
1 online resource 41 pages
File format
one file format
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1787/5kg0ps7ds0jl-en
Specific material designation
remote
System control number
(OCoLC)778836774

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