Based on the UNCTAD working papers pertaining to the proposed integrated programme for primary commodities, the Seminar was structured around four sessions covering the following main themes: A. An Integrated Programme for Commodities B. 1. Role of International Commodity Stocks 2. A Commodity Fund for the Financing of Commodity Stocks C. 1. Compensatory Financing 2. Indexation This Seminar Report reflects the main points generated during the Seminar as a whole, rather than the sessiona...

The breadth of the subject, economic cooperation, The group, requires a more explicit focus for discussion. therefore, decided to discuss organizational and institutional aspects of international cooperation - starting from existing cooperative endeavours in the South East Asian region to amplification of these and possible extension to other Asian countries, other regional groupings, and to Third World countries in general. The group not only decided to emphasize activities which could be ...

After a brief presentation of the paper by J. Jegathesan on "Industrial Development: Policy and Prospects", a number of points were made. These center around three main issues. 1. There was the broad question of whether policies aimed at encouraging labour intensive industries (as enun- ciated in the paper) were at variance with the objective of export-oriented industries, which were mostly capital intensive in nature. This conflict, it was argued, was a real one in the sense that imp...

After a brief presentation by Paul Chan, the following salient points related mainly to the optimal strategies to reduce price fluctuations and variability in export earnings of rubber were made. 1. The model presented in the Lee-Navamukundan-Chan paper represents a departure from the orthodox buffer stock schemes (BS) in that compensatory financing or price compensation (PC) is introduced as a complementary strategy. In their perspective, compensatory financing relates to outright one-time p...