Boom, Bust and Up Again? Evolution, Drivers and Impact of Commodity Prices: Implications for Indonesia
Indonesia is one of the largest commodity exporters in the world, and given its mineral potential and expected commodity price trends, it could and should expand its leading position. Commodities accounted for one fourth of Indonesia's Gross Domestic Product (GDP) and more than one fifth of tot...
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| Format: | Foreign Trade, FDI, and Capital Flows Study |
| Language: | en_US |
| Published: |
World Bank, Jakarta
2013
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10986/13276 |
| id |
okr-10986-13276 |
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oai_dc |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
en_US |
| topic |
agricultural commodity agricultural prices average price BANK OFFICE best practices business climate business indicators buyers capabilities cereal prices Chamber of Commerce Commerce commodities commodities prices Commodity commodity boom commodity exports Commodity Futures commodity markets Commodity Price Commodity Price Index Commodity Prices commodity production competitiveness consumer prices Copyright Correlation matrix currency developing countries development of knowledge disposable income domestic economy Domestic market domestic markets Domestic price domestic prices Economic Cooperation economic dynamism energy prices exchange rate exchange rates expenditure expenditures export earnings Export growth export markets export promotion exposure factor prices Factor Productivity factors of production financial crisis food commodities food commodity food price Food Prices Foreign Direct Investment foreign exchange foreign investment forward contracts future price Futures futures market Futures Trading global economy global export global markets Government bond government intervention government policies government revenue government revenues Gross Domestic Product growth path growth rates human capital income income inequality incomes Inflation Inflation rates information networks Infrastructure investment innovation insurance international market international markets international policy International Trade investment climate job creation knowledge economy knowledge industries legal systems manufacturing market failures Market Integration market price market stabilization marketing material middlemen natural resource natural resources output outputs petroleum prices photo photos political stability price changes price controls price dynamics price fluctuations price forecasts price increase price increases Price Index price inflation price stabilization price trends price variations price volatility Primary commodity private sector private sectors production processes R&D Regulatory Agency regulatory environment result Results retail retail prices Sale sales savings social safety net stabilization policies Stock Exchange stock market stocks Substitution supermarkets surplus sustainable development sustainable economic growth tax Thin markets time periods training course transaction transaction costs transmission video video-conference warehouse World market world markets World Trade |
| spellingShingle |
agricultural commodity agricultural prices average price BANK OFFICE best practices business climate business indicators buyers capabilities cereal prices Chamber of Commerce Commerce commodities commodities prices Commodity commodity boom commodity exports Commodity Futures commodity markets Commodity Price Commodity Price Index Commodity Prices commodity production competitiveness consumer prices Copyright Correlation matrix currency developing countries development of knowledge disposable income domestic economy Domestic market domestic markets Domestic price domestic prices Economic Cooperation economic dynamism energy prices exchange rate exchange rates expenditure expenditures export earnings Export growth export markets export promotion exposure factor prices Factor Productivity factors of production financial crisis food commodities food commodity food price Food Prices Foreign Direct Investment foreign exchange foreign investment forward contracts future price Futures futures market Futures Trading global economy global export global markets Government bond government intervention government policies government revenue government revenues Gross Domestic Product growth path growth rates human capital income income inequality incomes Inflation Inflation rates information networks Infrastructure investment innovation insurance international market international markets international policy International Trade investment climate job creation knowledge economy knowledge industries legal systems manufacturing market failures Market Integration market price market stabilization marketing material middlemen natural resource natural resources output outputs petroleum prices photo photos political stability price changes price controls price dynamics price fluctuations price forecasts price increase price increases Price Index price inflation price stabilization price trends price variations price volatility Primary commodity private sector private sectors production processes R&D Regulatory Agency regulatory environment result Results retail retail prices Sale sales savings social safety net stabilization policies Stock Exchange stock market stocks Substitution supermarkets surplus sustainable development sustainable economic growth tax Thin markets time periods training course transaction transaction costs transmission video video-conference warehouse World market world markets World Trade World Bank Boom, Bust and Up Again? Evolution, Drivers and Impact of Commodity Prices: Implications for Indonesia |
| geographic_facet |
East Asia and Pacific East Asia Oceania Indonesia |
| description |
Indonesia is one of the largest commodity exporters in the world, and given its mineral potential and expected commodity price trends, it could and should expand its leading position. Commodities accounted for one fourth of Indonesia's Gross Domestic Product (GDP) and more than one fifth of total government revenue in 2007. The potential for further commodity growth is considerable. Indonesia is the largest producer of palm oil in the world (export earnings totaled almost US$9 billion in 2007 and employment 3.8 million full-time jobs) and the sector has good growth prospects. It is also one of the countries with the largest mining potential in view of its second-largest copper reserves and third-largest coal and nickel reserves in the world. This report consists of seven chapters. The first six chapters present an examination and an analysis of the factors driving increased commodity prices, price forecasts, economic impact of commodity price increases, effective price stabilization policies, and insights from Indonesia's past growth experience. The final chapter draws on the findings of the previous chapters and suggests a development strategy for Indonesia in the context of high commodity prices. This section summarizes the contents of the chapters and their main findings. |
| format |
Economic & Sector Work :: Foreign Trade, FDI, and Capital Flows Study |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Boom, Bust and Up Again? Evolution, Drivers and Impact of Commodity Prices: Implications for Indonesia |
| title_short |
Boom, Bust and Up Again? Evolution, Drivers and Impact of Commodity Prices: Implications for Indonesia |
| title_full |
Boom, Bust and Up Again? Evolution, Drivers and Impact of Commodity Prices: Implications for Indonesia |
| title_fullStr |
Boom, Bust and Up Again? Evolution, Drivers and Impact of Commodity Prices: Implications for Indonesia |
| title_full_unstemmed |
Boom, Bust and Up Again? Evolution, Drivers and Impact of Commodity Prices: Implications for Indonesia |
| title_sort |
boom, bust and up again? evolution, drivers and impact of commodity prices: implications for indonesia |
| publisher |
World Bank, Jakarta |
| publishDate |
2013 |
| url |
http://hdl.handle.net/10986/13276 |
| _version_ |
1764423074578432000 |
| spelling |
okr-10986-132762021-04-23T14:03:07Z Boom, Bust and Up Again? Evolution, Drivers and Impact of Commodity Prices: Implications for Indonesia World Bank agricultural commodity agricultural prices average price BANK OFFICE best practices business climate business indicators buyers capabilities cereal prices Chamber of Commerce Commerce commodities commodities prices Commodity commodity boom commodity exports Commodity Futures commodity markets Commodity Price Commodity Price Index Commodity Prices commodity production competitiveness consumer prices Copyright Correlation matrix currency developing countries development of knowledge disposable income domestic economy Domestic market domestic markets Domestic price domestic prices Economic Cooperation economic dynamism energy prices exchange rate exchange rates expenditure expenditures export earnings Export growth export markets export promotion exposure factor prices Factor Productivity factors of production financial crisis food commodities food commodity food price Food Prices Foreign Direct Investment foreign exchange foreign investment forward contracts future price Futures futures market Futures Trading global economy global export global markets Government bond government intervention government policies government revenue government revenues Gross Domestic Product growth path growth rates human capital income income inequality incomes Inflation Inflation rates information networks Infrastructure investment innovation insurance international market international markets international policy International Trade investment climate job creation knowledge economy knowledge industries legal systems manufacturing market failures Market Integration market price market stabilization marketing material middlemen natural resource natural resources output outputs petroleum prices photo photos political stability price changes price controls price dynamics price fluctuations price forecasts price increase price increases Price Index price inflation price stabilization price trends price variations price volatility Primary commodity private sector private sectors production processes R&D Regulatory Agency regulatory environment result Results retail retail prices Sale sales savings social safety net stabilization policies Stock Exchange stock market stocks Substitution supermarkets surplus sustainable development sustainable economic growth tax Thin markets time periods training course transaction transaction costs transmission video video-conference warehouse World market world markets World Trade Indonesia is one of the largest commodity exporters in the world, and given its mineral potential and expected commodity price trends, it could and should expand its leading position. Commodities accounted for one fourth of Indonesia's Gross Domestic Product (GDP) and more than one fifth of total government revenue in 2007. The potential for further commodity growth is considerable. Indonesia is the largest producer of palm oil in the world (export earnings totaled almost US$9 billion in 2007 and employment 3.8 million full-time jobs) and the sector has good growth prospects. It is also one of the countries with the largest mining potential in view of its second-largest copper reserves and third-largest coal and nickel reserves in the world. This report consists of seven chapters. The first six chapters present an examination and an analysis of the factors driving increased commodity prices, price forecasts, economic impact of commodity price increases, effective price stabilization policies, and insights from Indonesia's past growth experience. The final chapter draws on the findings of the previous chapters and suggests a development strategy for Indonesia in the context of high commodity prices. This section summarizes the contents of the chapters and their main findings. 2013-04-30T20:43:14Z 2013-04-30T20:43:14Z 2010-12 http://hdl.handle.net/10986/13276 en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Jakarta Economic & Sector Work :: Foreign Trade, FDI, and Capital Flows Study Economic & Sector Work East Asia and Pacific East Asia Oceania Indonesia |