Market Power, Price Formation and Primary Commodities.
There has been widespread concern for many years over the very abstract nature of orthodox economic theory, especially that of the neo-classical school which has dominated the profession since the late 19th century. Such disquiet is frequently felt among non-economists, but a great many dissident economists have also expressed their disquiet over the years. (more…)
Some reasons not to negotiate export taxes and restrictions in the WTO NAMA Negotiations.
This Analysis briefly examines some of the economic and policy reasons behind the application of export taxes and export restrictions in developing countries. The elements enumerated in this note provide arguments against negotiations aimed at further restricting the use of this type of policy tools, as currently being proposed by developed countries in the WTO NAMA negotiations. (more…)
Rethinking policy options for Export Earnings.
Although the structure of International Trade has changed significantly in favour of manufactures, primary commodities remain extremely important for several developing as well as Least Developed Countries. A large number are still dependent on a limited basket of primary commodities for their exports.
South Centre Analysis on the Hong Kong Ministerial Declaration.
The South Centre Analysis of the Hong Kong Ministerial Declaration evaluates the developments in the Doha Work Programme since the launch of the Round, examines the implications of the Hong Kong Ministerial Declaration and identifies some important strategic issues for developing countries that need to be considered in subsequent negotiation. (more…)
The Potential Impacts of Nano-Scale Technologies on Commodity Markets: the Implications for Commodity-Dependent Developing Countries.
Commodity production is the mainstay of the economy in most developing countries. According to UNCTAD, commodity dependence is measured by the share of the three leading commodities in a given country’s total exports. The bigger the share, the more dependent the country is. Commodity dependence and poverty are closely intertwined. (more…)
Problems and Policy Challenges faced by Commodity-Dependent Developing Countries.
This note presents the commodity problems and their implications for Commodity Dependent Developing Countries (CDDCs); (ii) identifies the underlying causes of these problems and (iii) examines some of the major policy approaches used in the past to deal with them, their merits and limitations. (more…)
Supply-side Measures for Raising Low Farm-Gate Prices of Tropical Beverage Commodities.
This year has seen how governments and individuals can respond with immense energy and generosity to relieve the suffering of people caught up in natural disasters. The man-made crisis affecting the markets of tropical commodities is every bit as devastating as any of these disasters, yet not only is there very little being done to address the problem but very few people are even aware of it. (more…)
Remunerating Commodity Producers in Developing Countries: Regulating Concentration in Commodity Markets.
The past few decades have seen a huge surge in international trade that has affected developing countries as well as the world’s largest economies. However, while some countries have seen an associated increase in wealth, others seem to have been left behind. (more…)
Overview of the Sanitary and Phytosanitary Measures in Quad Countries on Tropical Fruits and Vegetables Imported from Developing Countries.
A number of developing countries,1 and especially least developed countries (LDCs), rely on agriculture for their food security, export earnings and rural development. It has been estimated that the agricultural sector accounts for between 30 per cent and 60 per cent of gross domestic product (GDP) for many of these countries, and is the major source of foreign exchange. (more…)
A Conceptual Framework to Understand Supply Management Programmes.
A supply management programme can be defined as a policy tool that controls the production and supply of a commodity in order to achieve a desirable price objective in a relevant market. (more…)
Policy Challenges for Developing Countries in Large Scale Mining.
Many developing countries are rich in natural resources and in particular mineral commodities. (more…)
Some considerations on acceding to the GSTP Agreement and joining the Third Round of GSTP Negotiations
In the São Paulo Declaration of 16 June 2004, developing country Ministers gathered at UNCTAD XI have agreed to launch a Third Round of trade negotiations among participants to the General System of Trade Preferences among Developing Countries (GSTP). (more…)
