BRICS Apart as Oil Prices Plunge
Capital Finance International, spring 2015 The oil price plunge since last June has been deemed, overall, as a boon for the global economy. However, that depends on where one…
Preços do petróleo diferenciam os BRICS
A queda do preço do petróleo desde junho passado tem sido abordada, em geral, como benéfica para a economia global. No entanto, isso depende de onde se está como…
Commodity Super Cycle to Stick Around a Bit Longer
Capital Finance International, summer 2014 Some analysts have predicted that the commodity price boom has played itself out. However, natural resource-based commodity prices (with the exception of shale gas…
Natural wealth: Is it a blessing or a curse?
Using data series recently released by the World Bank (2011) on natural capital and other forms of countries’ wealth, this column revisits some of the conclusions reached in the…
Like a Hummingbird – From Chile to Mongolia
Increased cross-learning and cooperation among developing countries has been a remarkable feature of the global economy in recent decades. It's been some time now since knowledge and technology flowed…
Natural Wealth: Is It Inevitably a Curse?
It has been argued for some decades that large endowments of natural resources—oil, gas, and minerals in particular—may actually become more of a curse, often leading to slow economic…
The Impact of Competition Practices in International Commodity Markets
The Impact of Competition Practices in International Commodity Markets Paris | February 16, 2012 Speech to OECD Global Forum on Competition on the impact of imperfect competition on the…
Food Prices, Financial Crisis and Droughts
Global food prices remain high and volatile, affecting the poorest countries the most. Global prices might not be at their 2008 record high, but they are still well above…
Food Prices and the 7 Billionth Baby
Turmoil is not solely circumscribed to Wall Street and stock markets around the world. Volatility is also affecting global food prices, and with them, millions of people in developing…
The Day After Tomorrow: Commodities And Uncomfortable Natural Riches
Commodity prices are experiencing a lot of volatility right now, with food and oil prices nearing record highs. But what about the medium-term? The answer is fundamental for developing…