000 01831nam a2200325 a 4500
003 arcduce
005 20120731113402.0
008 100408s1995 dcu||||| |||| 00| 0 eng d
020 _a0-8213-3489-1
040 _aarcduce
082 _a332.6328
090 _c16936
_d16936
100 _aVarangis, Panayotis N
245 _aManaging commodity booms - and busts
_c/ Panayotis N. Varangis, Takamasa Akiyama, Donald Mitchell
260 _bWorld Bank
_aWashington, D.C
_c1995
300 _ax, 22 p.
490 _aDirections in development
504 _aIncluye bibliografía
505 _aForeword -- 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 -- References.
520 _aThis booklet focuses on the management of the commodity price volatility from the perspective of developing countries. It examines and contrasts government policies and institutional and marketing structures that have proven to be effective in managing commodity booms and busts. In developing countries dependent on a few commodities for their exports, booming commodity markets can be beneficial or detrimental depending on how they manage the windfalls. Two key problems need to be addressed: the fluctuations in income, and transitory bonanzas in foreign exchange earnings. The second effect, in particular, is likely to cause the exchange rate to appreciate above its long-term sustainable level.
650 _aPRODUCTOS BASICOS
650 _aPRECIOS DE PRODUCTOS BASICOS
650 _aMERCADO DE PRODUCTOS BASICOS
650 _aPAISES EN DESARROLLO
653 _aTERCER MUNDO
700 _aAkiyama, Takamasa
700 _aMitchell, Donald
710 _aBanco Mundial
942 _cDOCU
_jF 332.6328 V 20647
999 _c16906
_d16906