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Routledge International Commodity Markets and the Role of Cartels

Amazon

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£173.24 £165.84 £167.45 £169.07 £170.68 £172.30 £173.91 25 July 2026 04 August 2026 15 August 2026 25 August 2026 05 September 2026
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16 days 27 days · current 0 7 14 20 27 £167 £173 Days at Price

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Price range: £167 - £173

Price levels: 2 different prices over 43 days

Description
The phenomenon of collusive international agreements (cartels) became widespread in the 1930s. At that time, attempts to control production and prices were mainly the prerogative of multinational firms operating in the developing (then colonized) world. The "modern era" of cartels began in the 1960s, when the governments of developing nations began to participate in commodity agreements to achieve increases and stability in the world price of their commodities. This book is principally concerned with the modern era of cartels. It goes beyond the singular example of petroleum and OPEC to examine the structure of international commodity markets for bauxite (aluminum ore), cocoa, coffee, rubber, sugar, and tin, and the conditions that led to the formation of cartels in those markets during the latter half of the twentieth century. Specifically, the work focuses on four major aspects of international commodity markets: patterns of production and consumption; economic dislocations to both importers and exporters due to price fluctuations; the formation of cartels as a solution to weak and variable commodity prices; and the likely effects arising from tightening raw material markets. The book concludes with a detailed examination of what the future holds for each of the cartels, and what role technology, 24-hour market trading, and decreasing foreign direct investment in producing countries will have on the management of commodity markets.

Product Specifications
Brand
Routledge
Format
hardcover
ASIN
0765605163
Category
Books > Subjects > Business, Finance & Law > Accounting > International
Domain
Amazon UK
Release Date
31 July 2000
Listed Since
14 February 2007

Barcode

No barcode data available

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