Liberal opinion holds that the international monetary and financial system is a device for promoting…
Macroeconomic Impacts of Commodity Price Volatility: G20 report Aldo Caliari
The G20 has recently come up with a report on the macroeconomic impacts of excessive commodity price volatility on growth. This study has concluded that excessive volatility creates uncertainty over future price levels, and complicates long-term planning and investment which leads to producers and consumers of commodities underinvesting in physical assets that support growth. This commentary highlights the key features and important findings of this report.
G20_Report (Download the full text in PDF format)