In This Review

Das Integrierte Rohstoffprogramm
Das Integrierte Rohstoffprogramm
By Dietrich Kebschull, Wilfried Kunne and Karl Wolfgang Menck
Weltarchiv, 1977, 401 pp

Undertaken for the German government, this thorough study of the "integrated program for commodities" put forward in UNCTAD looks at costs, feasibility, effectiveness and internal consistency. The experienced scholars of the Hamburg Institute for Economic Research see only limited possibilities for producers' associations and buffer stocks, dislike indexing and long-term contracts, favor stabilization of export earnings and are cautious about the possibilities of great increases in processing in producing countries.