Acta academica karviniensia 2015, 15(1):141-153 | DOI: 10.25142/aak.2015.012

THE CHANGING COMMODITY MARKETS - WORK ON EU REGULATIONS

Jan Żelazny
University of Lodz, Department of International Economics, P.O.W. 3/5, Lodz, 90-255, Poland, E-mail: jan.zelazny@uni.lodz.pl

Commodity markets are substantial for the shape of the world economy and experienced numerous structural changes over the span of last decades. The financial sector of the economy started to play the commanding role. The prices became more volatile as more and more financial investors began to speculate on commodity markets. Such process combined with other crucial factors leads to market abuses, decreasing transparency of trade and excessive speculation. These issues surged and were mostly observed during the subprime mortgage crisis and in the period straight after it. The policymakers around the globe made an effort in order to diminish those effects and introduced a new policy framework towards commodity markets. This paper focuses on current works and actions taken by the European Union policymakers and their United States counterparts.

Keywords: Commodity Markets, EU Regulations, Financialisation, Surveillance Policies
JEL classification: D53, G14, Q02

Received: October 22, 2014; Accepted: May 27, 2015; Published: March 30, 2015  Show citation

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Żelazny J. THE CHANGING COMMODITY MARKETS - WORK ON EU REGULATIONS. Acta academica karviniensia. 2015;15(1):141-153. doi: 10.25142/aak.2015.012.
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