Abstract
UNCTAD’s Integrated Programme for Commodities (IPC) would come much closer to being realised, if the industrial and the developing countries could agree on creating the Common Fund. But the Fund remains in dispute. While the LCDs only want to discuss the details of its organisation, the industrialized western countries have still strong doubts on the benefits of commodity agreements. Can the negotiations within UNCTAD narrow the gap between the opposing views?
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