A Handbook of Primary Commodities in the Global Economy

AvMarian Radetzki,Linda Wårell

Inbunden, Engelska, 2020

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Häftad

422 kr

Beskrivning

The dramatic price falls of 2014-2015 marked the end of the most powerful and enduring commodity boom since the Second World War. Now in its third edition, this book acts as a guide to the ins and outs of the primary commodity universe. Updates to this edition reflect on the consequences of both China's economic slowdown as its industrialization enters a new, less commodity demanding phase, and changes in the USA's trade policy under the Trump administration. Additionally, this edition takes into account recent developments in world oil markets and examines the effects of increased climate concerns. The authors introduce and explain pertinent issues surrounding international commodity markets such as the global geography of raw materials, price formation, price trends, the role of commodity exchanges, the threat of depletion, cartel action, state ownership, emerging commodity nationalism and more.

Produktinformation

Utgivningsdatum:2020-11-26
Mått:160 x 240 x 25 mm
Vikt:700 g
Format:Inbunden
Språk:Engelska
Antal sidor:332
Upplaga:3
Förlag:Cambridge University Press
ISBN:9781108841542

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Mer om författaren

Marian Radetzki is Professor of Economics at Luleå University of Technology, Sweden and co-author of The Price of Oil (Cambridge, 2016). Linda Wårell is Associate Professor of Economics at Luleå University of Technology, Sweden.

Recensioner i media

'This invaluable guide to the political economy of primary commodities remains a highly readable description and even-handed analysis of the multiple facets of the sector, as accessible to the layman as to the specialist. It should be required reading for policy makers, commentators and students and for all involved in commodity production and trade.' Phillip Crowson, University of Dundee

Innehållsförteckning

1. The Historical Framework; 2. The Geography of Commodity Production and Trade; 3. Comparative Advantage and the Trade Policy Distortions; 4. Fossil Fuels; 5. Price Formation and Price Trends in Commodities; 6. Commodity Booms; 7. The Commodity Exchanges, Commodity Investments and Speculation; 8. Sustainability and the Threats of Resource Depletion; 9. Fears of and Measures to Assure Supply Security; 10. Producer Cartels in International Commodity Markets; 11. Public Ownership in Primary Commodity Production; 12. The Monoeconomies: Issues Raised by Heavy Dependence on Commodity Production and Exports; References; Index.