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China's merchandise trade surplus has reached an all-time high and is likely to rise further. A key driver appears to be a policy push to further bolster Chinese domestic manufacturing production, implying the danger of significant overcapacities. China's imbalance between domestic production...
Persistent link: https://www.econbiz.de/10014546051
In reaction to disruptions of the Single Market, the European Commission put forward an emergency instrument. It proposes far-reaching measures in order to maintain the proper functioning of the Single Market and ensure the supply and distribution of goods and services. The dirigiste...
Persistent link: https://www.econbiz.de/10014334702
Understanding the relationship between international trade and CO2 emissions is crucial for designing appropriate measures to address climate change. This article focuses on CO2 emissions as one of the trade flow determinants of the EU countries, along with other factors including remoteness,...
Persistent link: https://www.econbiz.de/10014485152
Supply security is threatened by technical, business, natural and policy shocks, as well as geopolitical tensions. Is there a rationale for policy intervention? If yes, what are efficient and effective measures that achieve de-risking? This article first explains why private incentives do not...
Persistent link: https://www.econbiz.de/10015047853
In spite of the growth of population and the inevitable push towards better living conditions which must involve a growing demand for industrial materials, there seems little justification for fears of scarcities of materials, apart of course from the temporary scarcities and temporary high...
Persistent link: https://www.econbiz.de/10011468342
Persistent link: https://www.econbiz.de/10011468382
In the wake of faster economic growth and thus higher demand for commodities in the Western world, the upward trend of the prices for industrial raw materials continued during 1972, and indeed gathered speed, on world markets. The following contribution is an analysis of the development in the...
Persistent link: https://www.econbiz.de/10011468978
This article utilizes a new concept of supply and demand for raw materials. It emphasizes the need for the use of long run economics rather than short run analysis in the determination of a fair price for raw commodities.
Persistent link: https://www.econbiz.de/10011469409
Weighty objections have been raised against stabilization of commodity markets through agreements. The drawbacks of commodity agreements can, however, be largely overcome if the rigid theoretical notion of a price fixed strictly for a long period is abandoned.
Persistent link: https://www.econbiz.de/10011469600
This article may be of particular interest in view of the fact that UNCTAD has now for the first time set down a schedule for preparatory negotiations on raw materials. The resolution of UNCTAD IV on the treatment of the integrated action programme for raw materials is now to be realised....
Persistent link: https://www.econbiz.de/10011469601