Changes on Commodity Markets and Regulation in the European Union Cover Image

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

Author(s): Jan Żelazny
Subject(s): Politics / Political Sciences, Politics, Economy, National Economy, Supranational / Global Economy, International relations/trade
Published by: Uniwersytet Łódzki - Wydział Ekonomiczno-Socjologiczny
Keywords: commodity markets; surveillance policies; European Union regulations; financialisation

Summary/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.

  • Issue Year: 2016
  • Issue No: 15
  • Page Range: 199-210
  • Page Count: 12
  • Language: Polish