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The decline in commodity prices that began with metals and agriculture four years ago—joined by crude oil in mid-2014—continued in 2015Q1 (Figure 1). Energy, metals, and agricultural prices were down 28, 11, and 5 percent, respectively, from the previous quarter. Increasing supplies, bumper...
Persistent link: https://www.econbiz.de/10012564525
This is a companion to the Global Economic Prospects 2010. Most commodity prices reached historical highs in mid-2008, giving rise to the longest and broadest commodity boom of the post-WWII period. Apart from strong and sustained economic growth, the boom was fueled by numerous factors...
Persistent link: https://www.econbiz.de/10012646600
A sharp global growth slowdown and concerns about an impending global recession are weighing on commodity prices. Some energy prices remain elevated, however, amid geopolitical tensions and persistent supply disruptions. Brent crude oil prices are forecast to average $92/bbl in 2023 and ease to...
Persistent link: https://www.econbiz.de/10013544961
Climate and greenhouse gas (GHG) scenarios have typically paid scant attention to the metal implications necessary to realize a low/zero carbon future. The 2015 Paris Agreement on Climate Change indicates a global resolve to embark on development patterns that would significantly be less GHG...
Persistent link: https://www.econbiz.de/10012247050
The facts and events that have shaped the strengths of the Peruvian mining industry are well established. Private … mining investment has flowed in during the last decade, making Peru the second most popular destination for mining investment … largest producer of copper in the world. The mining sector needs to create the necessary conditions, within a context of …
Persistent link: https://www.econbiz.de/10012700762
Mining dominates the Mongolian economy, already accounting for some 80 percent of exports and contributing a quarter of … more of Mongolia's mineral deposits and to process minerals locally instead of exporting them. Its objectives are to boost …. Further commercial development of Mongolia's mineral resources, for which substantial financing will be required, faces …
Persistent link: https://www.econbiz.de/10013209161
In every mining region across the globe, there are a multitude of entities primarilyfocused on progressing the … interests of women in mining. At the national level,the most notable interest group is that of Women in Mining (WIM …
Persistent link: https://www.econbiz.de/10013181659
Over the last half century, large-scale changes to coal industries across Europe, and more recently in the United States and China, have resulted in as many as 4 million coal workers losing their jobs. The main drivers of these changes are mine mechanization, government policies and competition...
Persistent link: https://www.econbiz.de/10012645805
Mining has been central to the social and economic narrative of Southern Africa, and has been a key provider of … early years, mining developed on the back of migrant workers from across Southern Africa who toiled in the mines under poor … conditions. Many ex-miners suffer from vocational diseases to this day. While mining has helped build the economies of Southern …
Persistent link: https://www.econbiz.de/10012646316
The twelfth Zambia economic brief with a focus on how Zambia can harness its renewable resources to promote sustainable growth. This brief is part of a series of short economic updates produced twice a year by the World Bank
Persistent link: https://www.econbiz.de/10012646325