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The authors of this study emphasize the effectiveness of collectively funded public insurances as opposed to genetic information regulation within the private insurance sector. Genetics has provided tools to determine individuals' risk of future disease, which is of key interest for insurance companies in determining insurance premiums; but persons with high enough risk may remain uninsured. For this reason, genetic information has been regulated. But, regulation may not be the solution, according to the authors, and they call for the resumption of social insurance, a key element of the welfare state.
State ownership in mineral industries has increased massively from the 1950's affecting the world mineral sector greatly. Originally published in 1985, this study analyses the effects this had on the international market covering topics such as state takeovers of mineral firms, price stabilisation methods, state-owned enterprises in developing countries and whether state ownership will negatively impact private multinational companies. This title will be of interest to students of environmental studies.
State ownership in mineral industries has increased massively from the 1950's affecting the world mineral sector greatly. Originally published in 1985, this study analyses the effects this had on the international market covering topics such as state takeovers of mineral firms, price stabilisation methods, state-owned enterprises in developing countries and whether state ownership will negatively impact private multinational companies. This title will be of interest to students of environmental studies.
The uranium market is a particularly volatile and unpredictable international commodity market. This book, originally published in 1981, analyses the factors responsible for the price rise and falls of uranium in the 1970s. It includes a comprehensive analysis of the international uranium market from its inception and the conditions of price developments in mineral markets in general. The analysis of the uranium market contained in this book provides valuable insights to all those involved int eh different facets of the nuclear industry, as well as illustrating how policitical decisions with little concern for the ensuing economic implications can create havoc in international commodity markets.
The uranium market is a particularly volatile and unpredictable international commodity market. This book, originally published in 1981, analyses the factors responsible for the price rise and falls of uranium in the 1970s. It includes a comprehensive analysis of the international uranium market from its inception and the conditions of price developments in mineral markets in general. The analysis of the uranium market contained in this book provides valuable insights to all those involved int eh different facets of the nuclear industry, as well as illustrating how policitical decisions with little concern for the ensuing economic implications can create havoc in international commodity markets.
The dramatic price falls of 2014-2015 marked the end of the most powerful and enduring commodity boom since the Second World War. Now in its third edition, this book acts as a guide to the ins and outs of the primary commodity universe. Updates to this edition reflect on the consequences of both China's economic slowdown as its industrialization enters a new, less commodity demanding phase, and changes in the USA's trade policy under the Trump administration. Additionally, this edition takes into account recent developments in world oil markets and examines the effects of increased climate concerns. The authors introduce and explain pertinent issues surrounding international commodity markets such as the global geography of raw materials, price formation, price trends, the role of commodity exchanges, the threat of depletion, cartel action, state ownership, emerging commodity nationalism and more.
The dramatic price falls of 2014-2015 marked the end of the most powerful and enduring commodity boom since the Second World War. Now in its third edition, this book acts as a guide to the ins and outs of the primary commodity universe. Updates to this edition reflect on the consequences of both China's economic slowdown as its industrialization enters a new, less commodity demanding phase, and changes in the USA's trade policy under the Trump administration. Additionally, this edition takes into account recent developments in world oil markets and examines the effects of increased climate concerns. The authors introduce and explain pertinent issues surrounding international commodity markets such as the global geography of raw materials, price formation, price trends, the role of commodity exchanges, the threat of depletion, cartel action, state ownership, emerging commodity nationalism and more.
The result of two key social developments in recent years are examined here: the partial dismantling of the welfare state and the progress of genetics. Genetic insights are increasingly valuable for risk assessment, and insurers would like to use these insights to help determine premiums. Combined with the fact that social welfare is being curtailed, this could potentially create an uninsured high-risk population. Along with considerations of autonomy and privacy, this is the basis for an ethical critique of insurer's access to information. The result has often been regulation of such information; but the authors argues that due to adverse selection, regulation will not solve these problems, and this may jeopardize the survival of private personal insurance. Instead, we should look towards the resurrection of social insurance, a key component of the welfare state. This will interest academic researchers as well as professionals involved with genetics and insurance.
Drawing on their extensive knowledge of the oil industry, Roberto F. Aguilera and Marian Radetzki provide an in-depth examination of the price of the world's most important commodity. They argue that although oil has experienced an extraordinary price increase over the past few decades, we have now reached a turning point where scarcity, uncertain supply and high prices will be replaced by abundance, undisturbed availability and suppressed price levels. They look at the potential of new global oil revolutions to bring the upward price push to an end and examine the implications of this turnaround for the world economy, as well as for politics, diplomacy, military interventions and the efforts to stabilize climate. This book will appeal to a wide readership of both academics and professionals working in the energy industry, as well as to general readers interested in the ongoing debate about oil prices.
Drawing on their extensive knowledge of the oil industry, Roberto F. Aguilera and Marian Radetzki provide an in-depth examination of the price of the world's most important commodity. They argue that although oil has experienced an extraordinary price increase over the past few decades, we have now reached a turning point where scarcity, uncertain supply and high prices will be replaced by abundance, undisturbed availability and suppressed price levels. They look at the potential of new global oil revolutions to bring the upward price push to an end and examine the implications of this turnaround for the world economy, as well as for politics, diplomacy, military interventions and the efforts to stabilize climate. This book will appeal to a wide readership of both academics and professionals working in the energy industry, as well as to general readers interested in the ongoing debate about oil prices.
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