Boom or Bust: Developing countries' rough ride on the commodity price rollercoaster

By Oli Brown, Jason Gibson on November 3, 2006
Commodity prices, at historic highs by mid-2006, are becoming increasingly volatile. Volatile prices complicate fiscal and environmental planning and undermine the livelihoods of millions of producers in the developing world. Are commodity-dependent countries prepared should the price bubble burst? This paper describes the impacts of commodity price volatility and argues for new measures to stabilize commodity revenues for countries as well as producers.

Report details

IISD, 2006