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A handbook of primary commodities in the global economy

By: Radetzki, MarianContributor(s): Warell, LindaMaterial type: TextTextPublication details: Cambridge Cambridge University Press 2021 Edition: 3rdDescription: ix, 320 pISBN: 9781108970914Subject(s): Primary commodities--Prices | Primary commodities | Commercial policy | Commodity exchangesDDC classification: 338.02 Summary: 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. Accessible to anyone with a basic understanding of economics; the authors use standard economic theory and logic while avoiding technical jargon and algebra Offers a comprehensive, up-to-date exposé of the commodity world in international markets Appeals to those who want to understand the ins and out of primary commodity markets
List(s) this item appears in: Public Policy & General Management | HR & OB
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Item type Current library Collection Call number Copy number Status Date due Barcode
Book Book Indian Institute of Management LRC
General Stacks
Public Policy & General Management 338.02 RAD (Browse shelf(Opens below)) 1 Available 002440

Table of Contents
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.

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.

Accessible to anyone with a basic understanding of economics; the authors use standard economic theory and logic while avoiding technical jargon and algebra
Offers a comprehensive, up-to-date exposé of the commodity world in international markets
Appeals to those who want to understand the ins and out of primary commodity markets

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