Commodity Prices : Cyclical Weakness or Secular Decline? /

Primary commodities still account for the bulk of exports in many developing countries. However, real commodity prices have been declining almost continuously since the early 1980s and there is evidence of renewed weakness. The appropriate policy response to a terms of trade shock depends importantl...

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Bibliographic Details
Main Author: Wickham, Peter
Other Authors: Reinhart, Carmen
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1994.
Series:IMF Working Papers; Working Paper ; No. 1994/007
Online Access:Full text available on IMF