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The decline of most world commodity prices came to an end in recent months. The aggregate dollar price level was 15 per cent lower in the first quarter of 1999 compared to a year previously, and since autumn 1997 it even decreased by about 30 per cent. Oil prices fell particularly sharply, but...
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Commodity price volatility remains a crucial development challenge of commodity-dependent countries of the Global South. Drawing on structural development economics' concerns with commodity price volatility and stabilisation, this article calls for the integration of price-setting into the...
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