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Zmiany na rynkach towarowych a regulacje nadzorcze w Unii Europejskiej / Changes on Commodity Markets and Regulation in the European Union

Author

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  • Jan Żelazny

    (University of Lodz)

Abstract

Commodity markets are important for the shape of the world economy and have experienced numerous structural changes over the span of the last few decades. Prices became more volatile as more and more financial investors began to speculate on commodity markets. Such a process combined with other crucial factors led to market abuses, decreasing the transparency of trade, and excessive speculation. These issues intensifiedand were mostly observed during the subprime mortgage crisis and in the period straight after it. The policymakers around the globe made an effort to diminish those effects and introduced new a policy framework regarding commodity markets. The aim of this paper is to define, present and review the current works and actions taken by the European Union policymakers. This has been done based on an analysis of the new legislation and its possible results.

Suggested Citation

  • Jan Żelazny, 2016. "Zmiany na rynkach towarowych a regulacje nadzorcze w Unii Europejskiej / Changes on Commodity Markets and Regulation in the European Union," International Economics, University of Lodz, Faculty of Economics and Sociology, issue 15, pages 199-210, September.
    • Handle: RePEc:ann:inecon:y:2016:i:15:p:199-210
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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    commodity markets; surveillance policies; European Union regulations; financialisation;
    All these keywords.

    JEL classification:

    • D53 - Microeconomics - - General Equilibrium and Disequilibrium - - - Financial Markets
    • G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
    • Q02 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Commodity Market

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