Global Commodity Markets and Development Economics

Global Commodity Markets and Development Economics

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This new collection presents the very latest research on commodity prices and economic development, in the context of a changing globalised economy. The chapters explore a number of current perspectives on medium term commodity price developments, focussing on ongoing structural transformations. Beginning with an exploration of long term commodity trends and general commodity characteristics, the book goes on to present in-depth studies of particular markets. Case studies are taken from a diverse range of countries and regions, and examine key fuel and non-fuel commodity markets. The book closes by addressing the crucial issues of energy security and embedded energy. The book will be of great relevance to all those with an interest in development economics, international economics and energy more

Product details

  • Hardback | 224 pages
  • 159 x 235mm
  • Taylor & Francis Ltd
  • London, United Kingdom
  • English
  • 28 tables and 35 line drawings
  • 1138898252
  • 9781138898257

About Stefan Pfaffenzeller

Stephan Pfaffenzeller is a Lecturer in the Department of Economics, Finance and Accounting at the University of Liverpool, more

Table of contents

Introduction, Stephan Pfaffenzeller Part 1: General Trends in Commodity Markets 1. The Prebisch-Singer Hypothesis and Long-Run Economic Growth Neil Kellard 2. A diversification path for resource intensive economies, Raphael Kaplinsky 3. Which terms of trade - recent developments in relative commodity prices, Stephan Pfaffenzeller Part 2: Empirical Evidence on Individual Commodity Markets 4. The Transmission of world coffee prices in selected South East Asian and Pacific Countries, Atanu Ghoshray 5. Do export restrictions reduce domestic price volatility? Evidence from the wheat export quota system in Ukraine Linde Gotz Part 3: Peak Oil and Global Trade 6. The Impact of Peak Oil on Trade Globalisation - An Example of Steel Exports from Europe and North America to the United States, Jan Moldenhauer 7. The role of trade in energy security for developing nations and a globalised economy, Simon Snowdenshow more