Front Matter

Author(s):
International Monetary Fund
Published Date:
January 1989
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    World Economic and Financial Surveys

    April 1986World Economic Outlook: A Survey by the Staff of the International Monetary Fund.
    May 1986Primary Commodities: Market Developments and Outlook, by the Commodities Division of the Research Department.
    July 1986Staff Studies for the World Economic Outlook, by the Research Department of the International Monetary Fund.
    July 1986Export Credits: Developments and Prospects, by Eduard Brau, K. Burke Dillon, Chanpen Puckahtikom, and Miranda Xafa.
    October 1986World Economic Outlook: Revised Projections, by the Staff of the International Monetary Fund.
    December 1986International Capital Markets: Developments and Prospects, by Maxwell Watson, Russell Kincaid, Caroline Atkinson, Eliot Kalter, and David Folkerts-Landau.
    February 1987Recent Experience with Multilateral Official Debt Rescheduling, by K. Burke Dillon and Gumersindo Oliveros.
    April 1987World Economic Outlook: A Survey by the Staff of the International Monetary Fund.
    May 1987Primary Commodities: Market Developments and Outlook, by the Commodities Division of the Research Department.
    August 1987Staff Studies for the World Economic Outlook, by the Research Department of the International Monetary Fund.
    October 1987World Economic Outlook: Revised Projections, by the Staff of the International Monetary Fund.
    January 1988International Capital Markets: Developments and Prospects, by Maxwell Watson, Donald Mathieson, Russell Kincaid, David Folkerts-Landau, Klaus Regling, and Caroline Atkinson.
    February 1988Officially Supported Export Credits: Developments and Prospects, by K. Burke Dillon and Luis Duran-Downing, with Miranda Xafa.
    April 1988World Economic Outlook: A Survey by the Staff of the International Monetary Fund.
    May 1988Multilateral Official Debt Rescheduling: Recent Experience, by Peter M. Keller, with Nissanke E. Weerasinghe.
    May 1988Primary Commodities: Market Developments and Outlook, by the Commodities Division of the Research Department.
    July 1988Staff Studies for the World Economic Outlook, by the Research Department of the International Monetary Fund.
    October 1988World Economic Outlook: Revised Projections, by the Staff of the International Monetary Fund.
    April 1989World Economic Outlook: A Survey by the Staff of the International Monetary Fund.
    April 1989International Capital Markets: Developments and Prospects, by a Staff Team from the Exchange and Trade Relations and Research Departments.
    May 1989Primary Commodities: Market Developments and Outlook, by the Commodities Division of the Research Department.

    © 1989 International Monetary Fund

    ISBN 1-55775-117-X

    ISSN 0891-8805

    Library of Congress catalog card number: 89-645516

    Price: US$15.00

    (US$10.00 university libraries, faculty members and students)

    Address orders to:

    External Relations Department, Publication Services

    International Monetary Fund, Washington, D.C. 20431

    Contents

    The following symbols have been used throughout this paper:

    • … to indicate that data are not available;

    • — to indicate that the figure is zero or less than half the final digit shown, or that the item does not exist;

    • - between years or months (e.g., 1984–85 or January–June) to indicate the years or months covered, including the beginning and ending years or months;

    • / between years (e.g., 1985/86) to indicate a crop or fiscal (financial) year.

    “Billion” means a thousand million.

    Minor discrepancies between constituent figures and totals are due to rounding.

    Preface

    This study provides an analysis of the market developments in 1988 with respect to primary commodities and the outlook for these commodities in the near and medium term. Attention is focused on the major non-fuel primary commodities traded in international markets. Similar studies have been published by the International Monetary Fund annually since May 1986. In addition, developments with respect to non-fuel primary commodities are examined in the broader context of the World Economic Outlook published by the Fund in April of each year. The World Economic Outlook also contains a detailed assessment of the world oil situation.

    This study has been prepared by the staff of the Commodities Division of the Research Department. It has benefited from comments made by other Fund staff members and from the editing of Juanita Roushdy of the External Relations Department. The analyses undertaken and the projections made are those of the authors and do not necessarily represent the views of the Fund. The study is based on information available through May 1989.

    It should be noted that the term “country” used in this report does not in all cases refer to a territorial entity that is a state as understood by international law and practice. The term also covers some territorial entities that are not states but for which statistical data are maintained and provided internationally on a separate and independent basis.

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