UNCTAD's Integrated Programme for Commodities (IPC) would come much closer to being realised, if the industrial and the developing countries could agree on creating the Common Fund. But the Fund remains in dispute. While the LCDs only want to discuss the details of its organisation, the...

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.

Being confronted with the oil crisis the dependency on foreign raw materials became worthwhile discussing again. Evaluations of certain raw materials indicate a low degree of self-sufficiency in some sectors. This article tries to give a general survey of the situation for the Federal Republic.

This article offers an interesting survey of the ASEAN countries’ role as raw material suppliers to Western Germany and the EC, its history, present performance and future prospects. Some of this paper’s contents are very informative and surprising indeed.

In October 1973 OPEC sprang the first “oil shock” on the oil-importing countries. The member states took over the pricing of their petroleum and within three months prices had climbed to an unprecedented level. Only then did OPEC impress itself upon the public consciousness, although the...

In the spring of 1978 the International Energy Agency (IEA) staged the second “Allocation System Test”, a simulation exercise designed to check the ability of 19 OECD countries to cope jointly with another oil crisis. The topicality of such a contingency test is demonstrated by the...