Author: United States. Congress. House. Committee on Banking, Currency and Housing. Subcommittee on International Trade, Investment and Monetary PolicyPublisher:
ISBN:
Category : Commodity control
Languages : en
Pages : 128
Book Description
International Commodity Policy
Author: United States. Congress. House. Committee on Banking, Currency and Housing. Subcommittee on International Trade, Investment and Monetary PolicyPublisher:
ISBN:
Category : Commodity control
Languages : en
Pages : 128
Book Description
Global Uncertainty and the Volatility of Agricultural Commodities Prices
Author: B.R. MunierPublisher: IOS Press
ISBN: 1614990379
Category : Business & Economics
Languages : en
Pages : 256
Book Description
The recent global financial crisis exposed the serious limitations of existing economic and financial models. Not only did macro models fail to predict the crisis, they seemed incapable of explaining what was happening to the economy. Policymakers felt abandoned by the conventional tools of the now obsolete Washington consensus and the World Trade Organization’s oversimplified faith in free markets.The traditional models for agricultural commodities have so far failed to take into account the uncertain character of the global agricultural economy and its ferocious consequences in food price volatility, the worst in 300 years, yielding hunger riots throughout the world. This book explores the elements which could help to close this fundamental modeling gap. To what extent should traditional models be questioned regarding agricultural commodities? Are prices on these markets foreseeable? Can their evolution be either predicted or convincingly simulated, and if so, by which methods and models? Presenting contributions from acknowledged experts from several countries and backgrounds – professors at major international universities or researchers within specialized international organizations – the book concentrates on four issues: the role of expectations and capacity of prediction; policy issues related to development strategies and food security; the role of hoarding and speculation and finally, global modeling methods. The book offers a renewed wisdom on some of the core issues in the world economy today and puts forward important innovations in analyzing these core issues, among which the modular modeling design, the Momagri model being a seminal example of it. Reading this book should inspire fruitful revisions in policy-making to improve the welfare of populations worldwide.
Commodity Prices and Markets
Author: Takatoshi ItoPublisher: University of Chicago Press
ISBN: 0226386899
Category : Business & Economics
Languages : en
Pages : 346
Book Description
Fluctuations of commodity prices, most notably of oil, capture considerable attention and have been tied to important economic effects. This book advances our understanding of the consequences of these fluctuations, providing both general analysis and a particular focus on the countries of the Pacific Rim.
Food Price Volatility and Its Implications for Food Security and Policy
Author: Matthias KalkuhlPublisher: Springer
ISBN: 3319282018
Category : Business & Economics
Languages : en
Pages : 620
Book Description
This book provides fresh insights into concepts, methods and new research findings on the causes of excessive food price volatility. It also discusses the implications for food security and policy responses to mitigate excessive volatility. The approaches applied by the contributors range from on-the-ground surveys, to panel econometrics and innovative high-frequency time series analysis as well as computational economics methods. It offers policy analysts and decision-makers guidance on dealing with extreme volatility.
United States International Commodity Policies, Tin
Author: United States. Congress. House. Committee on International RelationsPublisher:
ISBN:
Category : Tin industry
Languages : en
Pages : 292
Book Description
Energy Transition Metals
Author: Lukas BoerPublisher: International Monetary Fund
ISBN: 1513599372
Category : Business & Economics
Languages : en
Pages : 41
Book Description
The energy transition requires substantial amounts of metals such as copper, nickel, cobalt and lithium. Are these metals a key bottleneck? We identify metal-specific demand shocks, estimate supply elasticities and pin down the price impact of the energy transition in a structural scenario analysis. Metal prices would reach historical peaks for an unprecedented, sustained period in a net-zero emissions scenario. The total value of metals production would rise more than four-fold for the period 2021 to 2040, rivaling the total value of crude oil production. Metals are a potentially important input into integrated assessments models of climate change.
International Commodity Policy
Author: Roland HerrmannPublisher: Taylor & Francis
ISBN: 100086989X
Category : Business & Economics
Languages : en
Pages : 327
Book Description
Originally published in 1993, this book provides an excellent analysis of commodity policies internationally during the late 20th Century. It discusses 2 major methods of market regulation: price stabilization – based on buffer stocks or export quotas – and compensatory finance. The authors analyse whether major commodity policies have reached their primary objectives and to what extent they have had economic side effects. Discussion of more general policy issues centres around three international commodity agreements for coffee, rubber and cocoa. The authors also look at the policies adopted by individual nations to regulate commodity trading and assess to what extent they have reached their objectives. A discussion of the intervention of the International Monetary Fund and STABEX assesses the degree of stability they can provide in a highly volatile and variable environment. Nearly 30 years later, volatile world commodity markets are still a major issue in the policy dialogue. Although topics, policy instruments and concepts have changed, this book remains a fundamental contribution to the study of international commodity policy. It will be of great interest to students of commodity policy and economic development and economists in national and international organizations dealing with market stabilization.
Distortions to Agricultural Incentives
Author: Kym AndersonPublisher: World Bank Publications
ISBN: 0821376667
Category : Business & Economics
Languages : en
Pages : 682
Book Description
This volume in the 'Distortions to Agricultural Incentives' series focus on distortions to agricultural incentives from a global perspective.
International model for policy analysis of agricultural commodities and trade-standard IFPRI multimarket model (IMPACT-SIMM): Technical description for version 1
Author: Robinson, ShermanPublisher: Intl Food Policy Res Inst
ISBN:
Category : Political Science
Languages : en
Pages : 40
Book Description
The International Food Policy Research Institute’s International Model for Policy Analysis of Agricultural Commodities and Trade (IMPACT) supports analysis of long-term challenges and opportunities for food, agriculture, and natural resources at global and regional scales. IMPACT is continually being updated and improved to better inform the choices that decisionmakers face today. This document describes a new country-level version of the model. IMPACT-SIMM (International Model for Policy Analysis of Agricultural Commodities and Trade–Standard IFPRI Multimarket Model) is a partial equilibrium, multi-market, simulation model of the production, supply, and demand of agricultural commodities within a country or group of countries. It simulates the operation of agricultural markets, solving for equilibrium prices within a country and, in multi-country mode, global markets. It is designed to be a “portable” and potentially open-source version of the IFPRI (International Food Policy Research Institute) IMPACT3 model documented in Robinson et al. (2015). IMPACT-SIMM shares model specification, equations, and computer code with IMPACT3, but is designed to be more flexible in application. It allows users to specify a standard multi-market model at any level of aggregation by commodities and countries by changing data inputs, without any change in model code. This model system supports longer-term scenario analysis to provide researchers and policymakers with a flexible tool to assess and compare the potential effects of changes in biophysical systems, socioeconomic trends, technologies, and policies at the level of individual countries or groups of countries.
OECD-FAO Agricultural Outlook 2021–2030
Author: Food and Agriculture Organization of the United NationsPublisher: Food & Agriculture Org.
ISBN: 9251346089
Category : Political Science
Languages : en
Pages : 337
Book Description
The Agricultural Outlook 2021-2030 is a collaborative effort of the Organisation for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization (FAO) of the United Nations. It brings together the commodity, policy and country expertise of both organisations as well as input from collaborating member countries to provide an annual assessment of the prospects for the coming decade of national, regional and global agricultural commodity markets. The publication consists of 11 Chapters; Chapter 1 covers agricultural and food markets; Chapter 2 provides regional outlooks and the remaining chapters are dedicated to individual commodities.