5. The resources of the First Account are to be used for financing projects aiming at commodity price stabilization.

Resource rich economies can use commodity stabilization funds to support economic diversity.

COUNTRIES . 34 37 9

The support to stabilization of commodity prices through the financing of buffer stocks, as foreseen in the Agreement, has not become operational.

Commodity prices fell, too.

There were strong fluctuations in commodity prices.

We use market prices to value goods and services.

The Silver Lining in High Commodity Prices

Primary commodity prices weakened considerably.

But this will not establish market prices, as the administration claims.

The Global Implications of Falling Commodity Prices

Unstable prices for commodities were a serious issue.

Commodities prices continued to decline in 1992.

41. Prospects for commodity prices have recently improved.

Partly, they're pumping money in because commodity prices are high, but it's not just that.

But primary product prices remain much more volatile than the prices of manufactured goods and services, causing large fluctuations in producers incomes. This exaggerates the effects of booms and busts.

Growth driven by high commodity prices is also susceptible to busts, for similar reasons. Commodity prices tend to move in cycles.

Moreover, variations in exchange rates, particularly between the US dollar (in which most commodity prices are expressed) and currencies in which imported goods are priced, also affect the actual gains obtained from increasing commodity prices.

18. Consumer prices everywhere rose much more rapidly than wholesale prices.

The prices of primary commodities had declined against the prices of manufactures, especially during the 1980s.

This means that real interest rates interest rates measured in terms of goods and services have stayed the same.

The volatility of commodity prices poses a serious risk for the sustainability of growth, and better international coordination is required to reduce the instability of commodity prices and exchange rates.

Africa apos s trade deficit widened following collapses in commodity prices.

The collapse of commodity prices had eroded development efforts.

Additional requirements were the result of high prices for goods and services in Liberia.

The rise in house prices has begun to stabilize, and the impact of the rise in commodity prices is tapering off.

Commodity export prices are at record levels, global liquidity has been ample, and international interest rates have been low.

Some of the prices that increased were those of commodities that Brazil exports.

In February 1988, the government hiked food prices by 40 .

Import tariffs will increase the cost to importers, and increase the price of imported goods in the local markets, thus lowering the quantity of goods imported, to favour local producers.

42. Even though commodity prices have on average improved in 1994, the prospects of a sustained long term increase in commodity prices in real terms appear dim.

The higher interest rates rise to stabilize emerging markets currencies, the more severe their crises will be.

Under these circumstances, large excess capacity develops and commodity prices fall.

Liberians have also had to face rapidly rising prices for basic commodities.

The prices of some primary commodities performed even worse.

26. Another problem was the continued deterioration of commodity prices.

After all, these events don t really explain why prices of other commodities often followed that of oil.

That is not a forecast about how commodity prices go it's a forecast of the consequences, the long term consequences, for growth of an increase in prices.

Japan s ultra low interest rate policy was initiated in the 1990 s to put a floor under the economy following the bursting of its asset price bubble.

Raising interest rates can reduce aggregate demand, which can slow the economy and tame increases in prices of some goods and services, especially non traded goods and services.

But the truth is that America in the Greenspan years benefited from a period of declining commodity prices, and from deflation in China, which helped keep prices of manufactured goods in check.

As concerns about deflation replaced fear of inflation, gold prices started to fall with the correction in commodity prices.

The rise in commodity prices since mid 2010 China s commodity price index has increased by more than 100 since its 2009 low has had an important impact.

Analysis of various price formation mechanisms, their sensibility to market forces and their impact on the evolution of commodity prices in the context of improving the efficiency of existing mechanisms for the management of risks arising from commodity price fluctuations (1995) 34 000

Wide fluctuations in the prices of agricultural commodities will not be conducive to sustainable development.