Global Diamond Industry

Roman Grynberg is Professor of Economics at the University of Namibia. He was Head of Trade Policy at the Commonwealth Secretariat. He has published books on Commodity Prices and the World Trade Organisation (WTO), and Small States.Letsema Mbayi is a research fellow at the Botswana Institute for Development Policy Analysis. Her doctoral research investigated diamond beneficiation policy in a producer country.

• Dedication Acknowledgement Introduction List Of Tables And Figures PART I: DE BEERS AND THE DIAMOND INDUSTRY 1. Markets: Continuity And Change In The International Diamond Market; Debora Spar 2. Institutional Aspects Of The Organization And Operation Of The International Diamond Market; M.Levin, I. Sheveleva 3. The Impact Of External Forces On Cartel Network Dynamic: Direct Research In The Diamond Industry; S. Gupta, M. Polonsky, A. Woodside, C.M Webster 4. Diamonds: Exploration, Mines And Marketing; George Read And A. J. A Janse 5. A Cartel's Response To Cheating: An Empirical Investigation Of The De Beers Diamond Empire; D.Bergenstock, M.E. Deily And L.W Taylor PART II: ECONOMICS OF DIAMOND PRICES 6. The Economics Of Diamond Price Movements; G.Ariovich 7. Rough Diamonds: Auctions Bring Sweeping Changes In Pricing, Distribution; Russel Shor 8. Diamonds- A Precious New Asset?; Benjamin R. Auer, Frank Schuhmacher 9. An Examination Of Diamonds As An Alternative Asset Class: Do They Have What It Takes To Make A Portfolio Sparkle?; Kenneth Small, Jeff Smith And Erika Small 10. Hard Assets: The Returns On Rare Diamonds And Germs; Luc Renneboog 11. Shine Bright Like A Diamond: A Hedonic Model Of Grading And Pricing An Experience Good; Justin A. Lee, Steven B. Caudil, And Franklin G. Mixon Jr. 12. Pricing Anomalies In The Market For Diamonds: Evidence Of Conformist Behavior; Frank Scott And Aaron Yelowitz Index