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Trade and Development Report 2008 (Russian language)

Commodity Prices, Capital Flows and the Financing of Investment

  • Author: UNCTAD
  • Publication date: March 2009
  • Page count: 280
  • Language(s) in this book: Russian
  • Sales number: 08.II.D.21

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About the product

n its analysis of global economic prospects, the Report says that uncertainty and instability in international financial, currency and commodity markets are contributing to a gloomy outlook for the world economy and present considerable risks for the developing world. The situation would be exacerbated if monetary policy becomes more restrictive in response to the price effects of commodity imports, rather than providing an expansionary stimulus to counter the recessionary tendencies.