World Commodity and Food Crisis: Trends and Expectations |
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Surge in commodity prices is a recent phenomenon and could be pushing the global economy into a new inflation spiral. Currently, the problem seems to be receiving less attention than the financial crisis that stemmed from the sub-prime market in the US. Although discernibly impacted by channeling of recently increased liquidity into commodity markets in a speculative fashion, price increases reflect certain structural weaknesses in global economy and thus threaten global price stability. An
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