An edition of Managing commodity booms--and busts
(1995)
Managing commodity booms--and busts
by Panos Varangis
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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.
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Subjects
Commodity futures, Government policy, Primary commodities, Prices, Forecasting, Export marketingPlaces
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Book Details
Table of Contents
Summary
Why booms happen
Why this boom won't continue
Managing booms and busts
Learning from experience
Who manages the boom?
How to manage booms
Edition Notes
Includesbibliographical references (p. 21-22).
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