The trend of increasing commodity prices that lasted for about 10 years between 2003 and 2012 has given way to lower global prices. It is now widely believed that prices will remain relatively low in the medium term, as growth in emerging economies has decelerated and, in general, commodity...

Efforts to liberalize world trade are increasingly focusing on strengthening the links between low-income countries’ trade policies and their development strategies. However, although greater trade openness promises faster growth for poor countries, it also presents risks to those with small...

Full text also available in: Arabic, Chinese, French, Japanese, Russian, and Spanish. The global economy is expanding moderately but the outlook has weakened further since October, and risks have increased. The global economy has been impaired from growth that has been too slow for too long, and...