The authors review the historical relationship between the work of applied economists, and policymakers, and the institutions that came to characterize the commodity, and risk markets of the 1980s. These institutions were a response to the harmful consequences of commodity market volatility, and declining terms of trade. But the chosen policies, and instruments relied on market interventions, to directly affect prices, or the distribution of prices...
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INFORMATION
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2002/02/28
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Document de travail de recherche sur les politiques
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WPS2793
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1
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1
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2010/07/01
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Agricultural markets and risks - management of the latter, not the former
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farmer
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