Rise and Demise of Commodity Agreements: An Investigation Into the Breakdown of International Commodity Agreements
A detailed examination is provided of the circumstances which led to the negotiation of each of the international commodity agreements with economic provision included since the end of World War II. How such agreements operated and the causes for difficulties in their implementation and the reasons for their failure is also discussed. It concentrates on four specific agreements; cocoa, coffee, sugar and tin; and as a contrast to these commodities a chapter is dedicated to OPEC. Written by an insider who was actually present at the 'creation', a first-hand view is given of how commodity agreements are actually arrived at during the course of negotiation and implementation.
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accept agreed Agriculture Article Australia average annual price basic quotas BETs Bolivia Brazil Brazilian buffer stock Cameroon cents cocoa beans cocoa products Coffee Agreement Colombia Conference consuming countries consumption Council crop Cuba delegation developing countries domestic entered into force export quotas exportable production exporting countries exporting members favour figure financing France free market Fund GATT Germany Ghana global Havana Charter ICCA ICCO increase indicator price Indonesia International Cocoa Agreement International Coffee international commodity agreements International Sugar Agreement International Tin international trade Ivory Coast Japan Latin American lower intervention price Malaysia ment middle sector million bags million tonnes minimum price negotiation Netherlands Nigeria OPEC operation participation period price range producing countries proposal ranges in force result revision Robusta September session situation special vote stockpile Sugar Act supply Table Tin Agreement tonnes UNCTAD United Kingdom USSR West Germany world production