The commodity super cycle: is this time different? by Otaviano Canuto published by World Bank (6/2014). “Some analysts believe that the commodity price boom of the new millennium has played itself out. However, natural resource-based commodity prices (with the exception of shale gas and its downward pressure on U.S. natural gas prices) have remained high by historical recors over the last few years, despite the feeble global economic recovery…This note argues that it may be too son to say that the commodity super-cycle phenomenon is a thing of the past.”
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