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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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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...
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integrated economy the terms of trade will display the same negative trend. Assuming that globalization would make the world …
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This note assesses empirically the role Chinese activity plays in global commodities markets, showing that the strength of China's economic activity has a significant bearing on commodity prices, but that the impact differs across commodity markets, with industrial production shocks having a...
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