An Assessment Of Costs And Capital Of A Reserve Price Scheme For Australian Wool
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Counting the Cost
Author | : Malcolm Abbott |
Publisher | : |
Total Pages | : 0 |
Release | : 2020 |
Genre | : |
ISBN | : |
This paper provides a policy commentary on the collapse in 1991 of the Australian Reserve Price Scheme for wool. A key cause of the collapse in the Scheme was a change in the RPS's governance arrangements, which led to increased political pressures to raise prices to unsustainable levels. In addition, in this paper an estimation has been made of the direct, upfront costs of the operation of the scheme, drawing on the financial accounts of the various agencies operating the RPS and subsequent wool stockpile. This was undertaken to determine the scale of the policy failure.
Wool Price Stabilisation
Author | : Australian Bureau of Agricultural and Resource Economics |
Publisher | : |
Total Pages | : 88 |
Release | : 1990 |
Genre | : Price regulation |
ISBN | : |
The Collapse of the Australian Wool Reserve Price Scheme
Author | : Peter Bardsley |
Publisher | : |
Total Pages | : 24 |
Release | : 1992 |
Genre | : Wool |
ISBN | : 9780858168312 |
Reserve Price Scheme for Wool
Author | : Australian Mercantile Land and Finance Company |
Publisher | : |
Total Pages | : 13 |
Release | : 1967 |
Genre | : Wool industry |
ISBN | : |