Abstract
To begin with, it should be noted that as a result of the nature of primary products LDCs face problems of two kinds: one of a long-term nature, arising out of the existence of adverse terms of trade, and another affecting them in the short term, and consisting of the instability of incomes derived from their exports of these products. Tironi’s work deals with these problems, and with others that go beyond international trade and bear upon aspects of the organisation of the production of primary resources (and minerals in particular) and upon problems of distribution (securing control of the profits).
1 I am grateful to Carlos Díaz-Alejandro for his comments.
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References
Bergsten, C. F. (1977) ‘Access to Supplies and the New International Economic Order’, in J. N. Bhagwati (ed.) The New International Economic Order: The North-South Debate (Cambridge, Massachusetts: MIT) Chapter 7.
BID (1975) América Latina en la Economía Mundial: Evolución Reciente y Tendencias (Washington, DC) Chapter 111.
Johnson, H. G. (1977) ‘Commodities: Less Developed Countries’ Demands and Developed Countries’ Response’, in Bhagwati, op. cit., Chapter 9.
Kaldor, N. (1976) ‘Capitalismo y Desarrollo Industrial: Algunas Lecciones de la Experiencia Británica’, in C. Díaz-Alejandro, Teitel and Tokman (eds) Política económica en centro y periferia (Mexico City: Fondo de Cultura Económica) Lecture 16.
Lewis, W. A. (1978) The Evolution of the International Economic Order (Princeton University Press).
MacAvoy, P. W. (1977) Economic Perspective on the Politics of International Commodity Agreements (University of Arizona Press).
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© 1982 Ricardo Ffrench-Davis and Ernesto Tironi
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Teitel, S. (1982). National Policies towards Commodity Exports: A Comment. In: Ffrench-Davis, R., Tironi, E. (eds) Latin America and the New International Economic Order. St Antony’s / Macmillan Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-05694-1_9
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DOI: https://doi.org/10.1007/978-1-349-05694-1_9
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