The Common Fund

Abstract

and the third by Professor T Josling of the Uni versity of Reading. In their paper, the Commodities Research Unit discuss a number of the issues which will have to be taken into account in determining the financial organization, operation and management of the Common Fund. Dr Sarkar deals with some of the wider macro-economic aspects of the Common Fund, setting the scope, functions and contributions of the entity in the wider perspective of international economic management. Professor Tim Josling looks at the lessons and implications for developing countries of the commodity stabilization policies in the selected developed countries, paying attention to the scope, rationale and objectives of price support systems.These papers are being published to inform the ongoing negotiations on the Comm on Fund. The views expressed are those of the authors and do not necessarily reflect the views of the Secretariat.