Commodity Prices in Boom-and-Bust Cycles
Diego Valiante
ECMI Papers from Centre for European Policy Studies
Abstract:
The sharp and widespread increase in most commodity prices has alarmed the world and raised questions around the sustainability of our economies. As shown in this ECMI Commentary, the reasons for this dramatic rise are multiple, and engaging in a witch-hunt benefits neither the market as a whole nor our economies. Solutions need to be more differentiated and oriented towards two factors: preventing price manipulation (through controls on net positions and on anti-competitive market structures) and fostering sustainability.
Pages: 6 pages
Date: 2011-06
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Persistent link: https://EconPapers.repec.org/RePEc:eps:ecmiwp:5716
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