The Role of Emerging-Market Economy Demand during the Post-2005 Boom
The post-2005 commodity price boom took place when most emerging-market economies (EMs) were experiencing strong and sustained economic growth, prompting numerous commentators to argue that a structural shift in the demand for commodities by emergi...
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| Format: | Working Paper |
| Language: | English en_US |
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Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/840111468151772443/The-role-of-emerging-market-economy-demand-during-the-post-2005-boom http://hdl.handle.net/10986/27113 |
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okr-10986-271132021-04-23T14:04:40Z The Role of Emerging-Market Economy Demand during the Post-2005 Boom World Bank AGRICULTURAL COMMODITY AGRICULTURE ANIMAL FEEDS BEEF CEREAL PRODUCTION CEREALS COMMODITIES COMMODITY COMMODITY BOOM COMMODITY PRICE COMMODITY PRICES CONSUMPTION GROWTH DEMAND FOR FOOD DEMAND GROWTH DEVELOPING COUNTRIES ECONOMIC STRUCTURE EDIBLE OILS ELASTICITY EMERGING ECONOMIES EMERGING-MARKET ENERGY PRICES FOOD CONSUMPTION FOOD DEMAND FOOD MARKETS FOOD PRICE FOOD PRICES FOODS GLOBAL MARKET GLOBAL MARKETS GRAINS GROWTH RATES INCOMES MARKET ECONOMIES MARKET ECONOMY MEAT NET EXPORTS PORK PRICE LEVELS PULSES REAL GDP REAL INCOME STEEL SUBSTITUTES TRADE POLICIES VEGETABLE OILS WAGES WORLD MARKETS The post-2005 commodity price boom took place when most emerging-market economies (EMs) were experiencing strong and sustained economic growth, prompting numerous commentators to argue that a structural shift in the demand for commodities by emerging countries had occurred. Indeed, the size of China and India alone, which together account for 37 percent of the world's population, implies that even minor changes in their pattern of demand growth may have a measurable impact on world commodity prices. This note examines the role of demand by EMs for both extractive and food commodities. It concludes that a structural shift in metal demand has taken place, driven, for the most part, by China. Energy prices have also been influenced by EM demand. However, the role of demand for food commodities from EMs has been much less than what much of the literature argues. 2017-06-13T20:14:52Z 2017-06-13T20:14:52Z 2012-04-12 Working Paper http://documents.worldbank.org/curated/en/840111468151772443/The-role-of-emerging-market-economy-demand-during-the-post-2005-boom http://hdl.handle.net/10986/27113 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Publications & Research :: Working Paper Publications & Research |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
AGRICULTURAL COMMODITY AGRICULTURE ANIMAL FEEDS BEEF CEREAL PRODUCTION CEREALS COMMODITIES COMMODITY COMMODITY BOOM COMMODITY PRICE COMMODITY PRICES CONSUMPTION GROWTH DEMAND FOR FOOD DEMAND GROWTH DEVELOPING COUNTRIES ECONOMIC STRUCTURE EDIBLE OILS ELASTICITY EMERGING ECONOMIES EMERGING-MARKET ENERGY PRICES FOOD CONSUMPTION FOOD DEMAND FOOD MARKETS FOOD PRICE FOOD PRICES FOODS GLOBAL MARKET GLOBAL MARKETS GRAINS GROWTH RATES INCOMES MARKET ECONOMIES MARKET ECONOMY MEAT NET EXPORTS PORK PRICE LEVELS PULSES REAL GDP REAL INCOME STEEL SUBSTITUTES TRADE POLICIES VEGETABLE OILS WAGES WORLD MARKETS |
| spellingShingle |
AGRICULTURAL COMMODITY AGRICULTURE ANIMAL FEEDS BEEF CEREAL PRODUCTION CEREALS COMMODITIES COMMODITY COMMODITY BOOM COMMODITY PRICE COMMODITY PRICES CONSUMPTION GROWTH DEMAND FOR FOOD DEMAND GROWTH DEVELOPING COUNTRIES ECONOMIC STRUCTURE EDIBLE OILS ELASTICITY EMERGING ECONOMIES EMERGING-MARKET ENERGY PRICES FOOD CONSUMPTION FOOD DEMAND FOOD MARKETS FOOD PRICE FOOD PRICES FOODS GLOBAL MARKET GLOBAL MARKETS GRAINS GROWTH RATES INCOMES MARKET ECONOMIES MARKET ECONOMY MEAT NET EXPORTS PORK PRICE LEVELS PULSES REAL GDP REAL INCOME STEEL SUBSTITUTES TRADE POLICIES VEGETABLE OILS WAGES WORLD MARKETS World Bank The Role of Emerging-Market Economy Demand during the Post-2005 Boom |
| description |
The post-2005 commodity price boom took
place when most emerging-market economies (EMs) were
experiencing strong and sustained economic growth, prompting
numerous commentators to argue that a structural shift in
the demand for commodities by emerging countries had
occurred. Indeed, the size of China and India alone, which
together account for 37 percent of the world's
population, implies that even minor changes in their pattern
of demand growth may have a measurable impact on world
commodity prices. This note examines the role of demand by
EMs for both extractive and food commodities. It concludes
that a structural shift in metal demand has taken place,
driven, for the most part, by China. Energy prices have also
been influenced by EM demand. However, the role of demand
for food commodities from EMs has been much less than what
much of the literature argues. |
| format |
Working Paper |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
The Role of Emerging-Market Economy Demand during the Post-2005 Boom |
| title_short |
The Role of Emerging-Market Economy Demand during the Post-2005 Boom |
| title_full |
The Role of Emerging-Market Economy Demand during the Post-2005 Boom |
| title_fullStr |
The Role of Emerging-Market Economy Demand during the Post-2005 Boom |
| title_full_unstemmed |
The Role of Emerging-Market Economy Demand during the Post-2005 Boom |
| title_sort |
role of emerging-market economy demand during the post-2005 boom |
| publisher |
Washington, DC |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/840111468151772443/The-role-of-emerging-market-economy-demand-during-the-post-2005-boom http://hdl.handle.net/10986/27113 |
| _version_ |
1764463580849111040 |