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The coffee problem (Inglês)

The object of this study is twofold. First, an attempt is made to review developments in the field of cotton consumption and production in the postwar period. Secondly, the paper arrives at an estimate of the likely demand and supply of this commodity during the next decade and tries to develop a hypothesis regarding price movements . Demand for raw cotton is derived from the total demand for finished textiles and depends on how this aggregate is distributed among various fibers like wool, silk, rayon, as well as the new synthetics (dacron, nylon, etc.) . The underlying assumption in this paper is that the consumption of finished textiles is primarily a function of population growth and movements in per capita real income.The first chapter highlights recent developments and indicates the likely movement of cotton prices in the short run. The second chapter has three sections : the first reviews past trends in overall fiber consumption and the share of cotton in this aggregate. It concludes by developing an estilbate of likely increases in total fiber and cotton consumption. The second section discusses past rates of increase in cotton production and indicates how this rate may be modified during the next decade. The last section brings together projections with respect to the demand and supply of cotton and suggests a hypothesis regarding prices.


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    Relatório Econômico ou Setorial Pré-2003

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    América Latina e Caribe,

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    The coffee problem

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    high rate of population growth;income elasticity of demand;price elasticity of demand;income growth per capita;consumption;per capita consumption;rate of growth;increase in consumption;increase in prices;rise in consumption;share of stock;level of consumption;free market price;imports of rice;domestic economic policy;per capita term;scarcity of labor;future consumption growth;expansion of sale;scheme will;increase in labor;pattern of development;rate of consumption;foreign exchange position;supply of labor;crop year;world consumption;coffee price;coffee market;real income;coffee producer;surplus situation;technological improvement;coffee plant;annual consumption;weather condition;price range;external market;postwar period;cyclical fluctuation;international action;price competition;price fluctuation;coffee trade;price change;alternative development;total consumption;competitive sale;price reduction;price policy;future price;world output;business expectation;support policy;import data;absolute decline;increased demand;aggregate term;coffee production;competitive pricing;political pressure;crude estimate;storage facility;increasing consumption;reasonable doubt;administrative machinery;price stabilization;price level;output growth;decline of prices;coffee substitutes;tax policy;primary purpose;technological development;export quota;rising demand;small producer;average consumption;frost damage;international agreement;brazilian capacity;marketing policy;weather records;price stability;downward pressure;domestic measures;real return;sales tax;future prospect;retail price;weighted average;tariff reduction;market equilibrium;tax barrier;coffee growing;equilibrium rate;real cost;price drop;industrial wage;agricultural labor;controlled price;industrial growth;import demand;great depression;excessive rain;custom dut;government budget;aggregate consumption;aggregate growth;competitive level;restrictive measures;International Trade;money terms;consumption requirements;net effect;statistical table;



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