World Bank Group World Bank Group
Home Site Map Index FAQs Contact Us
About Countries Data & Research Learning News Projects & Operations Publications Topics
Search  
Please Log In
  Shopping Cart.   RSS.

Commodity Market Reforms: Lessons of Two Decades

Edited by Donald F. Larson, Akiyama Takamasa, Panos Varangis, John Baffes
Price: $30.00   *Geographic discounts available!

Currently not available

English; Paperback; 200 pages; 6.125x9.25
Published March 1, 2001 by World Bank
ISBN: 978-0-8213-4588-7; SKU: 14588


This book discusses the prevalent process of commodity market reform in the specific context of cocoa, coffee, cotton, grains and sugar markets, and provides lessons by selectively drawing on cross-country experience in those markets. The commodity markets covered in this book deserve special attention for the following reasons -

  • They play an important role in many developing countries;
  • These markets illustrate how well special features can influence the reform process and illustrate the importance of taking initial conditions into account when designing reform;
  • Experience from commodity markets illustrates how long-standing interventions can crowd out markets and institutions geared toward the support of private markets;
  • Close examination of liberalization at the commodity level shows the practical ways that changes in marketing systems can result in a shift in political power away from the government and toward the private sector in the design and implementation of commodity subsector policies.

This book focuses on commodity-specific conditions that quickened or slowed the pace of reform and looks at the relationship between changing markets and institutions. It argues that the benefits of market reform and trade liberalization are only fully realized when the supporting factor markets and the institutions work.


  • Shipping Weight: 1.1 lbs (0.5 kgs)



Home  |  Site Map  |  Index  |  FAQs  |  Contact Us  |  Search
© 2013 The World Bank Group, All Rights Reserved. Legal.