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A handbook of primary commodities in the global economy
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ISBN: 9780521880206 9780511493584 9780521182645 9780511388194 0511388195 9780511380365 0511380364 9780511383489 0511383487 0511387202 9780511387203 0511493584 0521880203 0521182646 0521880203 1107184215 128125486X 9786611254865 0511386176 0511384343 0511382537 Year: 2008 Publisher: Cambridge Cambridge University Press

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Abstract

The world is going through an exceptional commodity boom triggered by a global demand shock largely caused by the sudden emergence of China and India as sizeable raw material importers. Prices of numerous commodities tripled between 2003 and 2006, resulting in huge windfalls for producers and a financial squeeze on consumers. A Handbook of Primary Commodities in the Global Economy is a guide to the ins and outs of this increasingly crucial part of the world economy. Assuming nothing more from readers than a basic understanding of economics, Marian Radetzki introduces and explains pertinent issues surrounding international commodity markets such as the global geography of raw materials, price formation, price trends, the role of commodity exchanges, the threat of depletion, cartel action, state ownership and the commodity nationalism.


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A handbook of primary commodities in the global economy
Authors: ---
ISBN: 1108240410 1108240712 1108240771 110757028X 1316416941 1108240836 1108240895 1108241131 110712980X 1108241077 9781108241137 9781316416945 9781107570283 9781107129801 Year: 2017 Publisher: Cambridge Cambridge University Press

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The 2010s have been a dramatic period for most primary commodity markets. Producers suffered heavily as prices fell in response to new supply facilities going into production, juxtaposed against disappointing demand evolution from China in particular, marking the end of the most powerful and enduring commodity boom since the Second World War. This book is a guide to the primary commodity universe, an increasingly crucial part of the world economy. In this updated edition, Marian Radetzki and Linda Wårell introduce and explain pertinent issues surrounding international commodity markets, including the importance of fossil markets among commodities, price formation, price trends, the shift in primary commodity consumption towards Asia, the increasing reliance on commodity exchanges, new relaxed attitude towards depletion, cartel action, and the revival of nationalism and state ownership. This is an accessible read for graduates, academic researchers, and professionals in the mineral and energy sectors.

Genes and insurance
Authors: --- ---
ISBN: 1107138930 1280420146 0511179995 0511203977 051106294X 0511326289 0511495374 051107140X 9780511062940 9780511179990 9780511495373 0521830907 9780521830904 9781107138933 9781280420146 9780511203978 9780511326288 9780521054508 0521054508 Year: 2003 Publisher: Cambridge Cambridge University Press

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Abstract

The result of two key social developments in recent years are examined here: the partial dismantling of the welfare state and the progress of genetics. Genetic insights are increasingly valuable for risk assessment, and insurers would like to use these insights to help determine premiums. Combined with the fact that social welfare is being curtailed, this could potentially create an uninsured high-risk population. Along with considerations of autonomy and privacy, this is the basis for an ethical critique of insurer's access to information. The result has often been regulation of such information; but the authors argues that due to adverse selection, regulation will not solve these problems, and this may jeopardize the survival of private personal insurance. Instead, we should look towards the resurrection of social insurance, a key component of the welfare state. This will interest academic researchers as well as professionals involved with genetics and insurance.

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