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Processing of raw materials by the producer countries themselves has frequently been recommended as an appropriate way for developing countries to increase their domestic value added and achieve positive employment effects. As against that, the following article suggests that Third World...
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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.
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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/10011556163
In world-wide negotiations and agreements on raw material problems the Community is either taking part as such or represented by the member state providing the Chairman of the Council. Admittedly it has often been difficult to work out the required common position for the member states, and only...
Persistent link: https://www.econbiz.de/10011556694
This article proves that a good deal is to be said for an abandonment by the state trade countries of their financial abstention and for their active financial participation in the Integrated Programme for Commodities. At UNCTAD IV in Nairobi the Third World nations first presented their...
Persistent link: https://www.econbiz.de/10011557087
The shortage of raw materials and the difficulties of ensuring adequate supplies of primary products are subjects whose topicality has become evident to everybody at least since the energy crisis. The policy of ensuring adequate supplies of raw materials, however, raises the question of whether,...
Persistent link: https://www.econbiz.de/10011557458
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...
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