Commodities, Governance and Economic Development Under Globalization
Palgrave MacMillan, Feb 15, 2010 - Business & Economics - 288 pages
Alfred Maizels's work on commodity trade and prices documented trends in a major area of international economic relations. His book on Industrial Growth and World Trade became a much reprinted classic and his subsequent studies continued this pioneering work, particularly, Exports and Economic Growth of Developing Countries and Commodities in Crisis. This volume celebrates Alfred Maizels's legacy and his contribution to trade, commodities and development issues. It is dedicated to his life-time achievements, covering his work from an analytical perspective and placing his research, at this very critical juncture, in the context of the current financial crisis and contemporary policy debates. The contributors to this volume discuss and extend the validity of Maizels's findings in the light of new empirical evidences. This important and timely volume is indispensable reading for all interested in commodities, international trade and finance, and their implications for economic development of low-income countries.
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Africa agricultural Alf’s Alfred Maizels analysis Asian Drivers Bank of Zambia Burkina Faso capital ﬂows cent China coffee Collier commodity boom commodity dependence commodity exports commodity markets commodity price cycles commodity price index compensatory finance conﬂict cotton cotton production cotton sector coun counter-cyclical crises currency debt decades decline demand developing countries Doha Round domestic Dutch disease economic effects emerging markets FACs farmers Figure fiscal ﬂoat ﬂuctuations Fund global economy global financial govemance governance growth ICAC impact important income increase industrial countries inﬂation inﬂows inﬂuence instability institutions intemational investment Ioumal issue Kaplinsky LDCs liberalization low-income countries macroeconomic manufactures metals modity monetary policy multilateral Nissanke Oxford period poorest countries poverty trap price volatility primary commodities pro-cyclical recent reﬂects shocks STABEX stability structural subsidies t-ratio Tanzania target terms of trade TNCs trend Trend estimates UNCTAD World Bank Zambia