| International commodity Organizations can play a role in reducing transaction costs between producer and consumer. The current organisations do this partly through statistics and collecting and disseminating market information, undertaking projects and convening meetings. Of a traditional focus on the international part of the trade chain they must extend to the whole chain, until the natural resources on the producer side and treatment of waste on the consumer side. This requires more capacity, stronger mandate and more intensive cooperation for the organisations mutually and with UNCTAD, FAO and the World Bank. The representatives of the governments now play the role of administrators and representatives of the industry. They should be customers, guard... |
