The Behavior of Non-Oil Commodity Prices [electronic resource] / Eduardo Borensztein.
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TextSeries: Occasional Papers; Occasional Paper ; No. 112Publication details: Washington, D.C. : International Monetary Fund, 1994Description: 1 online resource (77 p.)ISBN: 1557754128 :ISSN: 0251-6365Subject(s): Commodity Exports | Commodity Prices | Export Earnings | Export Taxes | Non-Oil Commodity | Germany | Guinea | Italy | United Kingdom | United StatesAdditional physical formats: Print Version:: The Behavior of Non-Oil Commodity PricesOnline resources: IMF e-Library | IMF Book Store Abstract: 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.
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.
Description based on print version record.
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