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The Behavior of Non-Oil Commodity Prices

Author/Editor: Borensztein, Eduardo | Khan, Mohsin S. | Reinhart, Carmen | Wickham, Peter
Published: September 15, 1994

Summary: This paper analyzes global commodity trends and concludes that the market 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.
Series: Occasional Paper No. 112
Subject(s): Commodity prices
    Published:   September 15, 1994        
    ISBN/ISSN:   ISSN 0251-6365 ; ISBN 1-55775-412-8   Format:   Paper
    Stock No:   S112EA0000000   Pages:   v+31
    Price:   US$15.00 (Academic Rate: US$12.00)
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