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Long Term Risks

  • Nicolas Bouleau

Abstract

Agriculture in the countries of the Third World suffers chronically from the hazards of weather. One year, drought penalises the production of sugar in Thailand, another year coffee in the Ivory Coast, the following year cotton in Mexico, and so on. To fight against the fates is exhausting, in the end it is against the feeling of helplessness itself that one must fight. To this end, one can perfect irrigation, establish management of water more appropriate to the exigencies of vegetation following the growing phases, fight against parasites, locusts, etc. so that in more normal years it is possible to maintain an output that can be carried to the factories, to be shipped to ports in the buying countries. It is necessary to fix the loading price. The raw materials are quoted, and their transactions make them a function of the market prices.

Keywords

Cast Iron Financial Market Ivory Coast Term Risk Ultimate Limit State 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag London 1998

Authors and Affiliations

  • Nicolas Bouleau
    • 1
  1. 1.École des PontsParisFrance

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