Fridman A.A. About Phenomena of the World Market
for Rough Diamonds. // Economics of contemporary
Russia 2013. ¹2 (61) Ñ.63.
The world market for rough diamonds in the XX-th century was a unique
example of classic monopolistic structure headed by De Beers; it was usually
referred to in any textbook on microeconomics. However, at the end of XX-th
century, due to a number of various events, this market has demonstrated
clear evolution towards more competitiveness, while De Beers has declared
itself the market leader rather than the guardian of the sector. At the same
time, the world market for diamonds and its extended version – the global
market for rough and polished diamonds – is characterized by several phenomena.
The present paper is devoted to the identification and the analysis of these
phenomena.
Keywords: natural rough diamonds, the market for rough diamonds,
phenomena, Kimberley process (KP), statistics of KP, China cut, World Diamond
Production.
Contents
Back to home page