Using Markets to Deal with Commodity Price Volatility : What Can Governments and Donors Do to Develop Markets that Ameliorate Commodity Price Volatility?
Commodities are often at the heart of local and sometimes national economies. Commodity prices are notoriously volatile, creating instability and uncertainty for commodity-dependent developing countries. Commodity price instability undermines econo...
| Main Authors: | , |
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| Format: | Brief |
| Language: | English |
| Published: |
World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/1999/01/717442/using-markets-deal-commodity-price-volatility-can-governments-donors-develop-markets-ameliorate-commodity-price-volatility http://hdl.handle.net/10986/11502 |
| Summary: | Commodities are often at the heart of
local and sometimes national economies. Commodity prices are
notoriously volatile, creating instability and uncertainty
for commodity-dependent developing countries. Commodity
price instability undermines economic growth and skews the
distribution of income. As a result, nearly every government
has tried to manage commodity price risks. This Note
discusses different sets of commodity pricing policies and
the barriers to their risk management. |
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