Economics of Commodity Markets

Booknews

A collection of important published articles in the field, written over the past 50 years. Contains 31 articles, dating from 1938 to 1996, in sections on terms of trade of primary products, commodity price instability, stabilization programs, trade shocks, futures markets, and sectoral studies. Specific topics include economic development of Latin America, excess comovement of commodity prices, international commodity agreements, the economic role of commodity storage, inflation, and futures trading and the welfare evaluation of commodity price stabilization. The editors are professors of economics at the University of Nottingham, UK. Annotation c. Book News, Inc., Portland, OR (booknews.com)