Ruch cen w handlu międzynarodowym w XXI wieku a sytuacja ekonomiczna wybranych krajów i regionów rozwijających się
Price movement in international trade of the 21st century and the economic situation in selected developing regions and countries

Summary/Abstract: Developing countries are more dependent on exports than developed economies. They also react more strongly to price fluctuations of primary goods. The negative effects of this dependence are particularly visible during periods of significant price decrease. In the first decade of the 21st century higher dynamics of raw materials and food prices was observed, which resulted in the improvement of their terms of trade. Since 2012, the situation has been clearly reversed. This contributed to the deterioration of the economic situation of the countries and regions dependent on exports of primary goods.

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