Economists have long been questioning the usefulness of the traditional, highly regulatory international commodity policy. In recent years, the failure of this policy has become evident. Could price and earnings stabilisation through price risk management instruments represent a viable alternative?

What are the most efficient means to ensure basic learning competencies for a high number of children? This question is analysed on the basis of the exceptionally rich data set provided by the Programme d'analyse des systèmes éducatifs des pays de la CONFEMEN (PASEC), standardised and...