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- W2187778032 abstract "For a decade there has been pressure, particularly within UNCTAD, to set up stabilisation agreements for the world’s major commodity markets. But issues such as the desirability and the best method of intervening in these markets raise sharp disagreements, as shown by the opposite positions taken by the Brandt commission and the Reagan administration and by different commodity producers in the third world. Such disagreements were highlighted at the Cancun ‘North-South’ summit meeting (Goldstein (1982)). The main difficulty has been to provide a yardstick for measuring the potential effectiveness of such an agreeement, while at the same time identifying those elements which are essential to successful intervention and hence essential to the design of the agreement’s operation. To do that requires an analysis of both the structure and the performance of optimal intervention rules." @default.
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- W2187778032 date "1984-01-01" @default.
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- W2187778032 title "Simple and Optimal Control Rules for Stabilising Commodity Markets" @default.
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- W2187778032 doi "https://doi.org/10.1007/978-94-009-6161-6_11" @default.
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