IDEAS home Printed from https://ideas.repec.org/a/cup/intorg/v30y1976i02p263-287_01.html
   My bibliography  Save this article

Cooperation or illusion: an examination of the intergovernmental council of copper exporting countries

Author

Listed:
  • Mingst, Karen A.

Abstract

Discussions of international commodity organizations often compare the Organization of Petroleum Exporting Countries (OPEC) and the Intergovernmental Council of Copper Exporting Countries (CIPEC), yet few researchers have examined CIPEC. A comparison of environmental characteristics of copper and petroleum suggests that although copper producers' collusion is possible, it is problematical and depends on political as well as economic factors. Since its formation in 1967, CIPEC members have been engaged in a gradual process of institution-building, although a lack of institutional leadership has hampered collective policy making. Substantively, CIPEC has dealt primarily with three issues: nationalization, technical pricing arrangements, and market regulatory policies. Until 1974, CIPEC members proved incapable of adopting a regulatory policy; they fostered the illusion of impending action and cooperation. Faced with deteriorating market conditions and stimulated by OPEC's success, CIPEC members have initiated a joint policy. The future of CIPEC will depend on its institutional flexibility as well as on decisions of nonmember producers and developed consumer countries.

Suggested Citation

  • Mingst, Karen A., 1976. "Cooperation or illusion: an examination of the intergovernmental council of copper exporting countries," International Organization, Cambridge University Press, vol. 30(2), pages 263-287, April.
    • Handle: RePEc:cup:intorg:v:30:y:1976:i:02:p:263-287_01
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S0020818300018270/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:intorg:v:30:y:1976:i:02:p:263-287_01. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/ino .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.