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  • Anforme What might be the advantages and disadvantages of controlling raw material prices through a Buffer Stock scheme?

Anforme What might be the advantages and disadvantages of controlling raw material prices through a Buffer Stock scheme?

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Mark Jewell, Head of Economics, Radley College, reviews the experience of efforts to smooth fluctuations in commodity prices.

Summary of Key Points:

  • ·         What is a Buffer Stock Scheme?

 

  • ·         Why are raw material prices so volatile?

 

  • ·         Do volatile prices matter?

 

  • ·         How would a Buffer Stock Scheme work?

 

  • ·         Why do Buffer Stock Schemes collapse?

 

  • ·         Are there better alternatives?

 

  • ·         Conclusion

 

  • ·         Questions for Discussion, Summary of Key Points and Taking it Further

This article appeared in ET Volume 14 issue 1

Download: D111

Mark Jewell, Head of Economics, Radley College, reviews the experience of efforts to smooth fluctuations in commodity prices.

Summary of Key Points:

  • ·         What is a Buffer Stock Scheme?

 

  • ·         Why are raw material prices so volatile?

 

  • ·         Do volatile prices matter?

 

  • ·         How would a Buffer Stock Scheme work?

 

  • ·         Why do Buffer Stock Schemes collapse?

 

  • ·         Are there better alternatives?

 

  • ·         Conclusion

 

  • ·         Questions for Discussion, Summary of Key Points and Taking it Further

This article appeared in ET Volume 14 issue 1

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