Commodity Market Reforms: Lessons of Two Decades (World Bank - download pdf or read online

By Donald F. Larson, Akiyama Takamasa, Panos Varangis, John Baffes

ISBN-10: 0585458227

ISBN-13: 9780585458229

ISBN-10: 0821345885

ISBN-13: 9780821345887

This booklet discusses the wide-spread means of commodity marketplace reform within the particular context of cocoa, espresso, cotton, grains and sugar markets, and offers classes via selectively drawing on cross-country adventure in these markets. The commodity markets coated during this ebook deserve distinct realization for the subsequent purposes -

• They play an incredible position in lots of constructing international locations;
• those markets illustrate how good distinct positive factors can impression the reform approach and illustrate the significance of taking preliminary stipulations under consideration while designing reform;
• adventure from commodity markets illustrates how long-standing interventions can crowd out markets and associations aimed at the aid of personal markets;
• shut exam of liberalization on the commodity point indicates the sensible ways in which adjustments in advertising structures can lead to a shift in political strength clear of the govt and towards the non-public quarter within the layout and implementation of commodity subsector guidelines.

This booklet makes a speciality of commodity-specific stipulations that quickened or slowed the speed of reform and appears on the courting among altering markets and associations. It argues that some great benefits of industry reform and alternate liberalization are just absolutely learned whilst the assisting issue markets and the associations paintings.

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Download e-book for iPad: Commodity Market Reforms: Lessons of Two Decades (World Bank by Donald F. Larson, Akiyama Takamasa, Panos Varangis, John

This e-book discusses the widely used means of commodity marketplace reform within the particular context of cocoa, espresso, cotton, grains and sugar markets, and offers classes through selectively drawing on cross-country adventure in these markets. The commodity markets coated during this ebook deserve specified consciousness for the next purposes - • They play a big function in lots of constructing nations; • those markets illustrate how good particular positive aspects can effect the reform method and illustrate the significance of taking preliminary stipulations under consideration whilst designing reform; • adventure from commodity markets illustrates how long-standing interventions can crowd out markets and associations aimed toward the aid of personal markets; • shut exam of liberalization on the commodity point indicates the sensible ways in which alterations in advertising and marketing platforms can lead to a shift in political strength clear of the govt and towards the non-public zone within the layout and implementation of commodity subsector guidelines.

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Extra info for Commodity Market Reforms: Lessons of Two Decades (World Bank Regional and Sectoral Studies)

Sample text

Mauritius has a long history of privately financed and publicly organized institutes that support sugar research (chapter 4). Public goods can be publicly financed and privately delivered as well. In Togo a private firm is providing various services, including research, extension, and the provision of agricultural inputs, to the coffee sector under a technical agreement with the government (chapter 3). Importers also frequently employ private companies to guarantee quality when public quality controls fail are questioned.

Deininger. 1997. " Journal of Economic Literature 35(4):1958-2005. , L. Jarvis, and R. Barticello. 1996. " Economic Development and Cultural Exchange 44. Cleaver, K. 1987. " Staff Working Paper 723. : World Bank. Dean, J. S. , and J. Reidel. 1994. Trade Policy Reform in Developing Countries Since 1985: A Review of Evidence. Discussion Paper 267. : World Bank. Deaton, A. S. 1992. " Discussion Paper 166. Center for International Studies, Woodrow Wilson School, Princeton University. Eicher, C. , and J.

From the perspective of international buyers, then, new entrants are unknown quantities, and counterparty risks increase dramatically. In Uganda three-quarters of new entrants were bankrupt within 2 years, and of the remaining 50, just 10 accounted for 80 percent of exports. Uganda subsequently introduced registration criteria and began requiring exporters to obtain bank performance guarantees. C6te d'Ivoire followed suit. But in Nigeria's cocoa subsector, a number of traders with questionable qualifications and motivations continued to control much of the market, raising questions about counterparty risk for the entire sector.

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Commodity Market Reforms: Lessons of Two Decades (World Bank Regional and Sectoral Studies) by Donald F. Larson, Akiyama Takamasa, Panos Varangis, John Baffes


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