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- W1496266567 abstract "It supports international commodity agreements and calls for a scheme to compensate countries who export basic products for fluctuations in their export proceeds. There are good reasons to doubt that these measures will accelerate the development of Latin America or, for that matter, any underdeveloped country. There is little margin for error in dealing with underdeveloped countries. Some of them are just below the threshold of political chaos. Inadvertent mistakes in economic policy, made with our consent, would be a shameful addition to the already long list of obstacles to their growth and stability. Compassion requires at a minimum that we do nothing to make the prospects of the underdeveloped countries less inviting, their circumstances more difficult, and their past more entrenched. Taking the lead suggested by the Charter, this discussion will be divided into the desirability of stabilization, of alteration of the secular trends, and of compensation for fluctuations in export proceeds." @default.
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- W1496266567 date "1963-01-01" @default.
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- W1496266567 title "The Case against Commodity Agreements" @default.
- W1496266567 doi "https://doi.org/10.2307/1190606" @default.
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