Title: Managing commodity booms--and busts
First published: 1995
Description: In developing countries dependent on a few commodities for their exports, booming commodity markets can be beneficial or detrimental depending how they manage the windfalls. Two key problems need to be addressed: the fluctuations in income, and transitory bonanzas in foreign exchange earnings. This second effect, in particular, is likely to cause the exchange rate to appreciate above its long-term sustainable level. - Foreword.
Subjects: Commodity futures, Government policy, Primary commodities, Prices, Forecasting, Export marketing
Places: Developing countries
LC classification: HG6051.D44