Key Factors Influencing Commodity Prices: The Impact of the Recent Global Economic and Financial Crisis
Key Factors Influencing Commodity Prices: The Impact of the Recent Global Economic and Financial Crisis
Author(s): Larisa Nicoleta PopSubject(s): Economy
Published by: Alma Mater & Universitatea »Babes Bolyai« Cluj - Facultatea de St. Economice si Gestiunea Afacerilor
Keywords: commodity market; price volatility; global economic / financial crisis
Summary/Abstract: Even though the instability of commodity prices has been acknowledged long time ago, the events of the years 2000s offered new connotations to the phenomenon. This paper aims to illustrate the complexity of price dynamics and, analyzing the intersection between some commodities price evolution and global events, to highlight both common and individualized factors responsible for price volatility. Further, as it is agreed that the global crisis has manifested a major impact, there are presented the mechanisms through which the crisis influenced the prices and intensified the turmoil in which the commodity markets have been.
Journal: Review of Economic Studies and Research Virgil Madgearu
- Issue Year: IV/2011
- Issue No: 1
- Page Range: 105-120
- Page Count: 16
- Language: English
- Content File-PDF