Die Rahmenbedingungen der Landwirtschaft der Entwicklungsländer verändern sich durch preisniveauwirksame Interventionen in den Welthandel. Dazu gehören - jeweils bezogen auf eine interventionsfreie Entwicklung - die Energiepreissteigerung durch das Angebotskartell der erdölexportierenden...

Our aim in this paper is to describe the theory of a multicountry multisector general equilibrium model system whose specification preserves as far as is possible; (i) the considerable amount of 10 detail, (ii) the numerous prospects for relative price induced substitution and (iii) the...

A number of recent studies have shown that the short term level of economic activity and employment in primary commodity exporting countries is particularly vulnerable to price fluctuations in world commodity markets. The authorities in such countries, in seeking to maintain output and...

Computable general equilibrium models are used to study the short-run impact of fluctuating primary commodity prices on the economies of Colombia, Ivory Coast and Kenya. The results indicate that these economies are destabilized by primary commodity price fluctuations unless governments act to...

A feature of the economies of many less developed countries (LDC's) is their heavy reliance for foreign exchange earnings on a few export commodities whose markets are characterised by low income elasticities on the demand side and whose supply is continually expanding under the influence of...

This paper analyses, using a comparative-static general equilibrium model built along neoclassical lines, a range of devaluation, monetary and wage policy mixes for the Chilean economy. By quantifying the short-run implications of each policy mix for key economic variables at the macroeconomic...

The large OPEC-engineered real world oil price increases of the early and late 1970's have set in train, via a highly integrated international trade and finance system, significant resource transfers from energy-poor to energy-rich countries. In accommodating these resource transfers both energy...

The OPEC Cartel's spectacular success in raising real world oil prices over the past decade has brought about substantial net resource transfers from energy poor to energy rich countries within the world economy. In accomodating these resource transfers both energy exporting and importing...