Occasional Papers

The Behavior of Non-Oil Commodity Prices

By Eduardo Borensztein, Peter Wickham, Mohsin S. Khan, Carmen Reinhart

September 15, 1994

Preview Citation

Format: Chicago

Eduardo Borensztein, Peter Wickham, Mohsin S. Khan, and Carmen Reinhart. The Behavior of Non-Oil Commodity Prices, (USA: International Monetary Fund, 1994) accessed November 22, 2024

Summary

This paper analyzes global commodity trends and concludes that the marked decline in real commodity prices of the past decade should be regarded as largely permanent and irreversible. The authors contend that the analysis of commodity prices should be extended to include the role of the breakdown of major international commodity agreements. In addition, the authors analyze how developments in the former Soviet Union have affected commodity supply conditions.

Subject: Agricultural commodities, Commodities, Commodity price fluctuations, Commodity price shocks, Commodity prices, Export earnings, International trade, Prices

Keywords: Africa, Agricultural commodities, Asia and Pacific, Caribbean, Commodity, Commodity grouping, Commodity price fluctuations, Commodity price shocks, Commodity prices, Commodity-producing country, Country grouping, Developed market economies, Drive commodity market, Eastern Europe, Export earnings, Federal republic, Market economies, OP, Price shock, Price volatility, Production yearbook, Taiwan prov.

Publication Details

  • Pages:

    77

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Occasional Paper No. 1994/004

  • Stock No:

    S112EA0000000

  • ISBN:

    9781557754127

  • ISSN:

    0251-6365