Tag: Keynes

  • Commodity Price Insurance: A Keynesian Idea Revisited

    By: J. Bower , Nawal Kamel

    Keynes proposed that a ‘Commod Control’ agency be created after the Second World War to stabilise spot prices of key internationally traded commodities by systematically buying and selling physical buffer stocks. In this paper, the creation of a new Global Commodity Insurer (GCr) is discussed that would operate an international Commodity Price Insurance (CPQ scheme […]

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