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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.
July 16, 2012. |
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