Global Economic Prospects 2009 : Commodities at the Crossroads

The release of this year's global economic prospects finds the world economy at a crossroads. Markets all over the world are engulfed in a global economic crisis, with stock markets sharply down and volatile, almost all currencies having depre...

Full description

Bibliographic Details
Main Author: World Bank
Format: Publication
Language:English
Published: World Bank 2012
Subjects:
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20090108221008
http://hdl.handle.net/10986/2581
id okr-10986-2581
recordtype oai_dc
spelling okr-10986-25812021-04-23T14:02:03Z Global Economic Prospects 2009 : Commodities at the Crossroads World Bank ALTERNATIVE ENERGIES ASSET CLASS BALANCE OF PAYMENT BALANCE OF PAYMENTS BALANCE SHEETS BANK ASSETS BANK BORROWING BANK DEBT BANK HOLDING BANK LINKAGES BANK POLICY BANKING CRISIS BANKING SECTOR BANKING SECTORS BANKING SYSTEM BANKRUPTCY BASIS POINTS BINDING CONSTRAINTS BOND BOND INDEX BOND MARKETS BOND SPREADS BONDS CAPITAL BASES CAPITAL FLOWS CAPITAL INFLOWS CARBON EMISSIONS CASH TRANSFERS CENTRAL BANK CENTRAL BANKS COMMERCIAL BANK COMMERCIAL BANK LENDING COMMERCIAL BANKS COMMERCIAL PAPER COMMERCIAL PAPER MARKETS COMMODITIES COMMODITY COMMODITY EXPORTS COMMODITY PRICE COMMODITY PRICES CONSUMER PRICE INDEX COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER CORPORATE BONDS COUNTRY FORECASTS CREDIT MARKETS CURRENCY CRISES CURRENT ACCOUNT BALANCES CURRENT ACCOUNT DEFICITS CURRENT ACCOUNT SURPLUS CURRENT ACCOUNT SURPLUSES DEBT DEPOSIT DEPOSITS DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING ECONOMIES DOLLAR PRICE DOLLAR PRICES DOMESTIC BANKING DOMESTIC CREDIT DOMESTIC MARKETS DOMESTIC PRICES ECONOMIC CRISIS ECONOMIC DEVELOPMENTS EMERGING MARKET EMERGING MARKET ASSETS EMERGING MARKET BOND EMERGING MARKET EQUITIES EMERGING MARKETS EMERGING-MARKET EQUIPMENT EQUITIES EQUITY CAPITAL EQUITY FLOWS EQUITY INVESTORS EQUITY MARKET EQUITY MARKETS EQUITY PRICES EQUITY STAKE EXCESS SUPPLY EXCHANGE RATE EXCHANGE RATES EXPORT CREDITS EXPORT GROWTH EXPORTERS EXPOSURE FEDERAL RESERVE FINANCIAL ASSETS FINANCIAL CRISIS FINANCIAL INSTITUTIONS FINANCIAL MARKET FINANCIAL MARKETS FINANCIAL SECTORS FINANCIAL SYSTEM FINANCIAL SYSTEMS FISCAL BURDEN FOOD PRICE FOOD PRICES FOOD PRODUCTION FOREIGN CAPITAL FOREIGN DIRECT INVESTMENT FUTURE CONTRACTS GLOBAL ECONOMIC PROSPECTS GLOBAL ECONOMY GLOBAL The release of this year's global economic prospects finds the world economy at a crossroads. Markets all over the world are engulfed in a global economic crisis, with stock markets sharply down and volatile, almost all currencies having depreciated substantially against the dollar, and risk premiums on a wide range of debt having increased by 600 or more basis points. Commodity markets too have turned a corner. Following several years of increase, prices have plummeted, and although well above their 1990s levels, they have given up most of the increases of the past 24 months. Chapter one of this report examines the medium-term implications of this crisis for developing-country growth, inflation, and world trade. Chapter two looks at longer-term supply and demand prospects in commodity markets. It takes into account the long-term growth prospects of developing countries and their rising share in world GDP (gross domestic product), the declining quality of new pools of resources, and the influence of technology on both demand and supply. Finally, chapter three reports on the poverty impacts of high commodity prices and examines the effectiveness of policies in both producing and consuming countries in dealing with the challenges posed by periodic bouts of high commodity prices. 2012-03-19T10:02:17Z 2012-03-19T10:02:17Z 2009 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20090108221008 978-0-8213-7799-4 http://hdl.handle.net/10986/2581 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank Publications & Research :: Publication Publications & Research :: Publication
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ALTERNATIVE ENERGIES
ASSET CLASS
BALANCE OF PAYMENT
BALANCE OF PAYMENTS
BALANCE SHEETS
BANK ASSETS
BANK BORROWING
BANK DEBT
BANK HOLDING
BANK LINKAGES
BANK POLICY
BANKING CRISIS
BANKING SECTOR
BANKING SECTORS
BANKING SYSTEM
BANKRUPTCY
BASIS POINTS
BINDING CONSTRAINTS
BOND
BOND INDEX
BOND MARKETS
BOND SPREADS
BONDS
CAPITAL BASES
CAPITAL FLOWS
CAPITAL INFLOWS
CARBON EMISSIONS
CASH TRANSFERS
CENTRAL BANK
CENTRAL BANKS
COMMERCIAL BANK
COMMERCIAL BANK LENDING
COMMERCIAL BANKS
COMMERCIAL PAPER
COMMERCIAL PAPER MARKETS
COMMODITIES
COMMODITY
COMMODITY EXPORTS
COMMODITY PRICE
COMMODITY PRICES
CONSUMER PRICE INDEX
COPYRIGHT CLEARANCE
COPYRIGHT CLEARANCE CENTER
CORPORATE BONDS
COUNTRY FORECASTS
CREDIT MARKETS
CURRENCY CRISES
CURRENT ACCOUNT BALANCES
CURRENT ACCOUNT DEFICITS
CURRENT ACCOUNT SURPLUS
CURRENT ACCOUNT SURPLUSES
DEBT
DEPOSIT
DEPOSITS
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPING ECONOMIES
DOLLAR PRICE
DOLLAR PRICES
DOMESTIC BANKING
DOMESTIC CREDIT
DOMESTIC MARKETS
DOMESTIC PRICES
ECONOMIC CRISIS
ECONOMIC DEVELOPMENTS
EMERGING MARKET
EMERGING MARKET ASSETS
EMERGING MARKET BOND
EMERGING MARKET EQUITIES
EMERGING MARKETS
EMERGING-MARKET
EQUIPMENT
EQUITIES
EQUITY CAPITAL
EQUITY FLOWS
EQUITY INVESTORS
EQUITY MARKET
EQUITY MARKETS
EQUITY PRICES
EQUITY STAKE
EXCESS SUPPLY
EXCHANGE RATE
EXCHANGE RATES
EXPORT CREDITS
EXPORT GROWTH
EXPORTERS
EXPOSURE
FEDERAL RESERVE
FINANCIAL ASSETS
FINANCIAL CRISIS
FINANCIAL INSTITUTIONS
FINANCIAL MARKET
FINANCIAL MARKETS
FINANCIAL SECTORS
FINANCIAL SYSTEM
FINANCIAL SYSTEMS
FISCAL BURDEN
FOOD PRICE
FOOD PRICES
FOOD PRODUCTION
FOREIGN CAPITAL
FOREIGN DIRECT INVESTMENT
FUTURE CONTRACTS
GLOBAL ECONOMIC PROSPECTS
GLOBAL ECONOMY
GLOBAL
spellingShingle ALTERNATIVE ENERGIES
ASSET CLASS
BALANCE OF PAYMENT
BALANCE OF PAYMENTS
BALANCE SHEETS
BANK ASSETS
BANK BORROWING
BANK DEBT
BANK HOLDING
BANK LINKAGES
BANK POLICY
BANKING CRISIS
BANKING SECTOR
BANKING SECTORS
BANKING SYSTEM
BANKRUPTCY
BASIS POINTS
BINDING CONSTRAINTS
BOND
BOND INDEX
BOND MARKETS
BOND SPREADS
BONDS
CAPITAL BASES
CAPITAL FLOWS
CAPITAL INFLOWS
CARBON EMISSIONS
CASH TRANSFERS
CENTRAL BANK
CENTRAL BANKS
COMMERCIAL BANK
COMMERCIAL BANK LENDING
COMMERCIAL BANKS
COMMERCIAL PAPER
COMMERCIAL PAPER MARKETS
COMMODITIES
COMMODITY
COMMODITY EXPORTS
COMMODITY PRICE
COMMODITY PRICES
CONSUMER PRICE INDEX
COPYRIGHT CLEARANCE
COPYRIGHT CLEARANCE CENTER
CORPORATE BONDS
COUNTRY FORECASTS
CREDIT MARKETS
CURRENCY CRISES
CURRENT ACCOUNT BALANCES
CURRENT ACCOUNT DEFICITS
CURRENT ACCOUNT SURPLUS
CURRENT ACCOUNT SURPLUSES
DEBT
DEPOSIT
DEPOSITS
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPING ECONOMIES
DOLLAR PRICE
DOLLAR PRICES
DOMESTIC BANKING
DOMESTIC CREDIT
DOMESTIC MARKETS
DOMESTIC PRICES
ECONOMIC CRISIS
ECONOMIC DEVELOPMENTS
EMERGING MARKET
EMERGING MARKET ASSETS
EMERGING MARKET BOND
EMERGING MARKET EQUITIES
EMERGING MARKETS
EMERGING-MARKET
EQUIPMENT
EQUITIES
EQUITY CAPITAL
EQUITY FLOWS
EQUITY INVESTORS
EQUITY MARKET
EQUITY MARKETS
EQUITY PRICES
EQUITY STAKE
EXCESS SUPPLY
EXCHANGE RATE
EXCHANGE RATES
EXPORT CREDITS
EXPORT GROWTH
EXPORTERS
EXPOSURE
FEDERAL RESERVE
FINANCIAL ASSETS
FINANCIAL CRISIS
FINANCIAL INSTITUTIONS
FINANCIAL MARKET
FINANCIAL MARKETS
FINANCIAL SECTORS
FINANCIAL SYSTEM
FINANCIAL SYSTEMS
FISCAL BURDEN
FOOD PRICE
FOOD PRICES
FOOD PRODUCTION
FOREIGN CAPITAL
FOREIGN DIRECT INVESTMENT
FUTURE CONTRACTS
GLOBAL ECONOMIC PROSPECTS
GLOBAL ECONOMY
GLOBAL
World Bank
Global Economic Prospects 2009 : Commodities at the Crossroads
description The release of this year's global economic prospects finds the world economy at a crossroads. Markets all over the world are engulfed in a global economic crisis, with stock markets sharply down and volatile, almost all currencies having depreciated substantially against the dollar, and risk premiums on a wide range of debt having increased by 600 or more basis points. Commodity markets too have turned a corner. Following several years of increase, prices have plummeted, and although well above their 1990s levels, they have given up most of the increases of the past 24 months. Chapter one of this report examines the medium-term implications of this crisis for developing-country growth, inflation, and world trade. Chapter two looks at longer-term supply and demand prospects in commodity markets. It takes into account the long-term growth prospects of developing countries and their rising share in world GDP (gross domestic product), the declining quality of new pools of resources, and the influence of technology on both demand and supply. Finally, chapter three reports on the poverty impacts of high commodity prices and examines the effectiveness of policies in both producing and consuming countries in dealing with the challenges posed by periodic bouts of high commodity prices.
format Publications & Research :: Publication
author World Bank
author_facet World Bank
author_sort World Bank
title Global Economic Prospects 2009 : Commodities at the Crossroads
title_short Global Economic Prospects 2009 : Commodities at the Crossroads
title_full Global Economic Prospects 2009 : Commodities at the Crossroads
title_fullStr Global Economic Prospects 2009 : Commodities at the Crossroads
title_full_unstemmed Global Economic Prospects 2009 : Commodities at the Crossroads
title_sort global economic prospects 2009 : commodities at the crossroads
publisher World Bank
publishDate 2012
url http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20090108221008
http://hdl.handle.net/10986/2581
_version_ 1764385653069447168