Publication: Using Markets to Deal with Commodity Price Volatility : What Can Governments and Donors Do to Develop Markets that Ameliorate Commodity Price Volatility?
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Published
1999-01
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Date
2012-08-13
Author(s)
Varangis, Panos
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Abstract
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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“Varangis, Panos; Larson, Donald. 1999. Using Markets to Deal with Commodity Price Volatility : What Can Governments and Donors Do to Develop Markets that Ameliorate Commodity Price Volatility?. PREM Notes; No. 13. © World Bank. http://hdl.handle.net/10986/11502 License: CC BY 3.0 IGO.”
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