Commodity policy and economic development.

John A. Pincus

ResearchPublished 1963

A discussion of sources of foreign exchange in underdeveloped countries. The author presents various means of assisting these countries in financing development. Very little increase in imports can be financed through aid from governments of developed countries. Anything more would have to be channeled through private investment and trade, including price-fixing commodity agreements. Implications of monopoly price policy and of export earnings insurance are also discussed.

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Pincus, John A., Commodity policy and economic development. Santa Monica, CA: RAND Corporation, 1963. https://www.rand.org/pubs/research_memoranda/RM3887.html.
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