This paper shows that market-based financial instruments are better suited to manage external price risk for a country that is a price taker in world commodity markets. This is especially the case for...
Casual observation leads to the conclusion that stabilization funds tend to be short-lived. While it may be that some funds have failed due to poor management or unwarranted political interventions, the...
The main purpose of this study was to specify and estimate an econometric model of the world fiber market, with emphasis on the cotton production and consumption for the major world fiber market participants...