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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (93806)8/22/2012 9:22:16 AM
From: elmatador  Respond to of 217620
 
economy’s growth typically becomes more ‘commodity intensive’ when it reaches per capita GDP of around $3,000 (in constant purchasing power parity 2011 dollars). At that point demand for commodities typically takes off.

Conversely, we find that commodity demand tapers when economies reach per capita GDP of around $20,000.

Our work suggests prices will remain as much as 30-60 per cent higher in real terms than during the last decades of the 20th century, which we think will be the ‘new normal’.

economic development in emerging markets to support commodities
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