The successful completion of negotiations on the Common Fund has not yet led to the hoped-for break-through for any of the commodity agreements belonging to the Integrated Programme for Commodities (IPC). Opposition, particularly by the industrialised countries, but also by individual producer...

After five years of tough negotiations at numerous conferences about an integrated Programme for Commodities (IPC) the participating countries agreed in March 1979 on basic and operational regulations for the key instrument of this programme, a Common Fund. In its present version it is closely...

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.

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....

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...

The demands in the sphere of raw material policy are a cardinal element of the “New International Economic Order” on which the developing countries are insisting. Dr Hermes, Secretary of State in the Foreign Office of the Federal Republic of Germany, discusses the Common Fund and other...

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...

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...