scholarly journals Abnormal pricing in international commodity trade: Empirical evidence from Switzerland

2021 ◽  
Vol 74 ◽  
pp. 102352
Author(s):  
Rahul Mehrotra ◽  
Gilles Carbonnier
1956 ◽  
Vol 10 (1) ◽  
pp. 149-166

The first part of the 20th session of the Economic and Social Council was held in Geneva from July 5 through August 5,1955; Sir Douglas Copland (Australia) continued as president of the Council. The second part of the 20th session was scheduled to take place during or shortly after the tenth regular session of the General Assembly. At the opening meeting a discussion was held on adoption of the sessional agenda;1 a proposal by the United Kingdom delegate that a coordination committee be established to deal with matters of detail that might arise under item four of the agenda, general review of the development and coordination of the economic, social and human rights programs and activities of the UN and the specialized agencies as a whole, was adopted. The United Kingdom representative also proposed that consideration of 1) the status and functions of the Interim Coordinating Committee for International Commodity Arrangements and 2) the status and functions of the Commission on International Commodity Trade be postponed until the 21st session; the proposal was adopted by a vote of 10 to 5 with 3 abstentions. Also at its opening meeting the Council agreed it would decide at a later meeting whether or not to include in the provisional agenda the question of Spain becoming a party to the protocols of 1946 and 1948 on narcotic drugs. The agenda, as amended, was adopted unanimously, and fifteen of the nineteen agenda items were discussed at the first part of the session.


Author(s):  
I. Gladkov

The article analyzes the current changes that have occurred over the past five years in the dynamics, geographical and commodity structure of foreign trade relations of the European Union (the EU) as the largest collective entity in the system of modern international commodity trade. The EU was able to maintain its dominant position in the world commodity exchange quite effectively, despite the increase in a number of adverse external factors, such as General "turbulence", the expansion of the zone of protectionist and sanctions measures, and trade conflicts in international commodity trade. The worldwide spread of a new viral infection in early 2020 also made a significant contribution to the noticeable increase in tension in the world economy. This process has acted as a so-called "black Swan", that is, a kind of catalyst that contributes to the approach of the next General cyclical crisis, which was expected by experts of the largest international structures in 2019. It is worth noting that the scale of this challenge has yet to be assessed, since the latest expert forecasts suggest a much more modest reduction in the main indicators of world economic evolution. The author provides up-to-date statistical materials and numerous calculation data that are being introduced into the domestic scientific circulation for the first time.


Author(s):  
I. S. Gladkov

The article analyzes the most important changes that have taken place over the past five years in the dynamics and geographical structure of foreign trade relations of the European Union (EU) as the largest entity in the system of modern international commodity trade. It is shown that, despite such rather unfavorable external factors as the increase in general turbulence in world commodity trade, the expansion of the zone of protectionist and sanctions measures, trade conflicts, the EU was able to maintain its dominant position in international commodity exchange. At the same time, the European Union has pushed the main competitors, as the latest statistics show a significant decrease in the share of the North American free trade Association (NAFTA, consisting of the United States, Canada, Mexico) and Japan in international exports. Continuing to pursue a balanced foreign trade policy, the EU used its traditional instruments not only to increase its activity in general and outside the European region, but also to maintain a positive balance of foreign trade. In addition, there are hopes for the resumption of goodneighbourly trade relations between the European Union and the Russian Federation, which have been complicated in recent years by the introduction and extension of sanctions measures by the EU and Russia's response. The author presents new statistical materials, numerous calculated data, for the first time introduced into the domestic scientific circulation.


1978 ◽  
Vol 13 (1) ◽  
pp. 3-20
Author(s):  
Geoffrey L. Goodwin ◽  
James B. Mayall

HOW IS THE EEC TO REACT TO THE UNCTAD DEMAND FOR AN INTEGRATED commodity programme? In this paper we attempt to sketch the background to this question and to identify some of the major options available to the Community. At the outset, however, one point deserves emphasis: over the past fifty years there have been many attempts to manage international commodity trade. Their success or failure has invariably depended more on political than purely technical considerations. Where national security or alliance needs ‘demanded’ coordination, as with the combined Raw Materials Board during the Second World War, any technical difficulties were overcome; on the other hand the inter-war rubber, wheat and coffee agreements were unable to withstand the onslaught of the depression, the retreat to economic nationalism, and the readiness of many members to put short-term domestic considerations before long-term international commitments. In the current debate the political context has, of course, changed, but the relevance of these political considerations has not.


Author(s):  
Vincenzo De Lipsis ◽  
Paolo Agnolucci ◽  
Raimund Bleischwitz

Author(s):  
Donald V. Coes

This chapter reviews some of the major trends in Brazilian trade and international economic policy, including its reaction to international commodity market and capital market shocks in recent decades and the politically driven emphasis on preferential trade. It also examines the question of how “open” the Brazilian economy is, even after some moves toward greater linkages to world markets. The chapter then considers some of the major anti-globalization trends in Brazil’s principal economic partners, and attempts to identify some of their causes. It argues that Brazil’s links to other economies through capital and labor markets are at least as important as are its commodity trade links. Trends in these markets may help explain some of the anti-globalization attitudes it may face in the future. With the half-century consensus in support of internationally open trade, capital, and labor markets seemingly under siege, the way ahead for Brazil is far from clear.


2020 ◽  
Vol 12 (7) ◽  
pp. 2626 ◽  
Author(s):  
Tamás Mizik

The study gives an overview of raw materials and biofuel generation, markets, production, and regulation. The major aim of this study was to reveal the impacts of biofuel production on international commodity trade. According to the results of the country-level regressions, the export of corn and sugar cane have generally negatively impacted ethanol production. This effect was positive at the global level which indicates that some of the imported raw materials are used for ethanol production. Although the explanatory power of the models was relatively high (from 0.35 (EU) to 0.94 (USA)), none of models proved to be significant, even at the 10% level. These values were higher for the biodiesel models (from 0.53 (USA) to 0.97 (Brazil)) and the EU model results were significant at the 5% level. The export of raw materials had a positive impact on biodiesel production. This implies that some part of the biodiesel was produced from the imported raw materials. The export of processed products (different oils) had a negative impact on biodiesel production, as they are normally used for other purposes.


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