Showing 1 - 10 of 1,836
the rest of the world …
Persistent link: https://www.econbiz.de/10012022327
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
Rapid growth among the major emerging markets over the past 20 years has boosted global demand for commodities. The seven largest emerging markets accounted for almost all the increase in global consumption of metals, and two-thirds of the increase in energy consumption over this period. As...
Persistent link: https://www.econbiz.de/10011902836
countries or high-income countries as a group, or for the world as a whole. This paper seeks to fill this gap. The paper begins …
Persistent link: https://www.econbiz.de/10012246947
analysis finds that the elasticities are close to unity, evaluated at world median per capita income levels. Furthermore, the …
Persistent link: https://www.econbiz.de/10012228425
World commodity markets-and particularly the markets for agricultural commodities-remain highly distorted despite the … wave of liberalization that has swept world trade since the 1980s. Some markets for commodities are characterized by … policy action. Commodity markets are distorted on both the export and the import sides, with serious implications for world …
Persistent link: https://www.econbiz.de/10012247797
and losses of income associated with changes in world prices-as well as additional country-specific series, including …
Persistent link: https://www.econbiz.de/10012001593
The paper uses an event study methodology to investigate which and how macroeconomic announcements affect commodity prices. Results show that gold is unique among commodities, with prices reacting to specific scheduled announcements in the United States and the Euro area (such as indicators of...
Persistent link: https://www.econbiz.de/10014402640
This paper examines the behavior of crude oil prices since 1980, and in particular the volatility of these prices. The empirical analysis covers “spot” prices for one of the key internationally traded crudes, namely Dated Brent Blend. A GARCH (generalized autoregressive conditional...
Persistent link: https://www.econbiz.de/10014396128
and world commodity supplies and the real exchange rate and real commodity prices. It is shown that fiscal expansion and … increasing world commodity supplies simultaneously lead to an appreciation of the real exchange rate and a decline in relative …
Persistent link: https://www.econbiz.de/10014396210