Commodity Terms of Trade: The History of Booms and Busts

Publication Date:

September 1, 2009

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Link to data for this title

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

We compile a historical dataset covering nearly 40 years of booms and busts in the commodity terms of trade of over 150 countries. We discuss the characteristics of these events and their effects on macroeconomic performance and, in particular, compare the most recent commodity-price cycle with its historical precedents.

Series:

Working Paper No. 2009/205

Subject:

English

Publication Date:

September 1, 2009

ISBN/ISSN:

9781451873528/1018-5941

Stock No:

WPIEA2009205

Pages:

34

Please address any questions about this title to publications@imf.org