New options for the poor?
IS THE world ready for a World Commodities Organisation? Such an idea did not seem ludicrous to John Maynard Keynes, one of the main forces behind the creation of the World Bank and the IMF five decades ago. At that time, he wanted a sister institution to bring order to volatile commodity markets. Keynes failed then, but plans are afoot to revive a version of his dream.
This article appeared in the Finance & economics section of the print edition under the headline “New options for the poor?”
From the August 19th 2000 edition
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