The Behavior of Non-Oil Commodity Prices

Business & Finance, Economics, Public Finance, Finance & Investing, Banks & Banking, Macroeconomics
Cover of the book The Behavior of Non-Oil Commodity Prices by Eduardo Mr. Borensztein, Peter Mr. Wickham, Mohsin Mr. Khan, Carmen Ms. Reinhart, INTERNATIONAL MONETARY FUND
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Author: Eduardo Mr. Borensztein, Peter Mr. Wickham, Mohsin Mr. Khan, Carmen Ms. Reinhart ISBN: 9781452705583
Publisher: INTERNATIONAL MONETARY FUND Publication: September 15, 1994
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: Eduardo Mr. Borensztein, Peter Mr. Wickham, Mohsin Mr. Khan, Carmen Ms. Reinhart
ISBN: 9781452705583
Publisher: INTERNATIONAL MONETARY FUND
Publication: September 15, 1994
Imprint: INTERNATIONAL MONETARY FUND
Language: English
This paper analyzes global commodity trends and concludes that the marked decline in real commodity prices of the past decade should be regarded as largely permanent and irreversible. The authors contend that the analysis of commodity prices should be extended to include the role of the breakdown of major international commodity agreements. In addition, the authors analyze how developments in the former Soviet Union have affected commodity supply conditions.
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This paper analyzes global commodity trends and concludes that the marked decline in real commodity prices of the past decade should be regarded as largely permanent and irreversible. The authors contend that the analysis of commodity prices should be extended to include the role of the breakdown of major international commodity agreements. In addition, the authors analyze how developments in the former Soviet Union have affected commodity supply conditions.

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