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International Commodity Markets and the Role of Cartels
Af: Mark S. LeClair Engelsk Paperback
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International Commodity Markets and the Role of Cartels
Af: Mark S. LeClair Engelsk Paperback
The phenomenon of collusive international agreements (cartels) became widespread in the 1930s. At that time, attempts to control production and prices were mainly the prerogative of multinational firms operating in the developing (then colonized) world. The "modern era" of cartels began in the 1960s, when the governments of developing nations began to participate in commodity agreements to achieve increases and stability in the world price of their commodities. This book is principally concerned with the modern era of cartels. It goes beyond the singular example of petroleum and OPEC to examine the structure of international commodity markets for bauxite (aluminum ore), cocoa, coffee, rubber, sugar, and tin, and the conditions that led to the formation of cartels in those markets during the latter half of the twentieth century. Specifically, the work focuses on four major aspects of international commodity markets: patterns of production and consumption; economic dislocations to both importers and exporters due to price fluctuations; the formation of cartels as a solution to weak and variable commodity prices; and the likely effects arising from tightening raw material markets. The book concludes with a detailed examination of what the future holds for each of the cartels, and what role technology, 24-hour market trading, and decreasing foreign direct investment in producing countries will have on the management of commodity markets.
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The phenomenon of collusive international agreements (cartels) became widespread in the 1930s. At that time, attempts to control production and prices were mainly the prerogative of multinational firms operating in the developing (then colonized) world. The "modern era" of cartels began in the 1960s, when the governments of developing nations began to participate in commodity agreements to achieve increases and stability in the world price of their commodities. This book is principally concerned with the modern era of cartels. It goes beyond the singular example of petroleum and OPEC to examine the structure of international commodity markets for bauxite (aluminum ore), cocoa, coffee, rubber, sugar, and tin, and the conditions that led to the formation of cartels in those markets during the latter half of the twentieth century. Specifically, the work focuses on four major aspects of international commodity markets: patterns of production and consumption; economic dislocations to both importers and exporters due to price fluctuations; the formation of cartels as a solution to weak and variable commodity prices; and the likely effects arising from tightening raw material markets. The book concludes with a detailed examination of what the future holds for each of the cartels, and what role technology, 24-hour market trading, and decreasing foreign direct investment in producing countries will have on the management of commodity markets.
Produktdetaljer
Sprog: Engelsk
Sider: 200
ISBN-13: 9780765605177
Indbinding: Paperback
Udgave:
ISBN-10: 0765605171
Udg. Dato: 31 jan 2001
Længde: 15mm
Bredde: 228mm
Højde: 153mm
Oplagsdato: 31 jan 2001
Forfatter(e): Mark S. LeClair
Forfatter(e) Mark S. LeClair


Kategori Investering og værdipapirer


Sprog Engelsk


Indbinding Paperback


Sider 200


Udgave


Længde 15mm


Bredde 228mm


Højde 153mm


Udg. Dato 31 jan 2001


Oplagsdato 31 jan 2001

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