LEADER 04613oam 22010094 450 001 9910960566803321 005 20250426110515.0 010 $a9786612844119 010 $a9781462336593 010 $a1462336590 010 $a9781282844117 010 $a1282844113 010 $a9781451873528 010 $a1451873522 010 $a9781452738963 010 $a1452738963 035 $a(CKB)3170000000055354 035 $a(SSID)ssj0000940090 035 $a(PQKBManifestationID)11571942 035 $a(PQKBTitleCode)TC0000940090 035 $a(PQKBWorkID)10946634 035 $a(PQKB)11110364 035 $a(OCoLC)649521828 035 $a(MiAaPQ)EBC1608836 035 $a(IMF)WPIEE2009205 035 $a(IMF)WPIEA2009205 035 $aWPIEA2009205 035 $a(EXLCZ)993170000000055354 100 $a20020129d2009 uf 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aCommodity Terms of Trade : $eThe History of Booms and Busts 205 $a1st ed. 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2009. 215 $a34 p. $cill 225 1 $aIMF Working Papers 300 $a"September 2009." 311 08$a9781451917741 311 08$a1451917740 327 $aIntro -- Contents -- I. Introduction -- II. The Commodity Terms of Trade -- III. Identifying Commodity Booms and Busts -- IV. The Consequences of Commodity Booms and Busts -- V. Conclusions -- VI. References -- Tables -- 1. The Distribution of Booms Across Periods and Regions: Some Summary Statistics -- 2. The Distributions of Busts Across Periods and Regions: Some Summary Statistics -- 3. Descriptive Tests of Amplitude and Duration of Booms and Busts -- 4. The Most Recent Episodes of Booms and Busts -- 5. Macroeconomic Performance During Booms and Busts -- 6. Comparative Tests of Macroeconomic Performance During Booms and Busts -- 7. Macroeconomic Performance in the Latest Boom Relative to the Past -- Figures -- 1. Commodity Price Aggregates -- 2. Commodity Terms of Trade -- 3. Commodity Terms of Trade by Region -- 4. Commodity Terms of Trade: Fuel Exporters -- 5. Commodity Terms of Trade: Non-Fuel Commodity Exporters -- 6. Commodity Terms of Trade: Other Countries -- 7. Commodity Prices and Terms of Trade: Venezuela -- 8. Commodity Prices and Terms of Trade Papua New Guinea -- 9. Commodity Prices and Terms of Trade Mauritius -- 10. The Number of Countries Experiencing Booms and Busts in the Commodity Terms of Trade. 330 3 $aWe compile a historical dataset covering nearly 40 years of booms and busts in the commodity terms of trade of over 150 countries. We discuss the characteristics of these events and their effects on macroeconomic performance and, in particular, compare the most recent commodity-price cycle with its historical precedents. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2009/205 606 $aPrices 606 $aTerms of trade$xEconometric models 606 $aBusiness cycles$xEconometric models 606 $aBusiness cycles$2imf 606 $aCommercial products$2imf 606 $aCommodities$2imf 606 $aCommodity booms$2imf 606 $aCommodity Markets$2imf 606 $aCommodity price fluctuations$2imf 606 $aCommodity prices$2imf 606 $aEconomic growth$2imf 606 $aInvestment & securities$2imf 606 $aInvestments: Commodities$2imf 606 $aInvestments: Energy$2imf 606 $aMacroeconomics$2imf 606 $aPrices$2imf 606 $aPrices, Business Fluctuations, and Cycles: General (includes Measurement and Data)$2imf 607 $aPapua New Guinea$2imf 615 0$aPrices. 615 0$aTerms of trade$xEconometric models. 615 0$aBusiness cycles$xEconometric models. 615 7$aBusiness cycles 615 7$aCommercial products 615 7$aCommodities 615 7$aCommodity booms 615 7$aCommodity Markets 615 7$aCommodity price fluctuations 615 7$aCommodity prices 615 7$aEconomic growth 615 7$aInvestment & securities 615 7$aInvestments: Commodities 615 7$aInvestments: Energy 615 7$aMacroeconomics 615 7$aPrices 615 7$aPrices, Business Fluctuations, and Cycles: General (includes Measurement and Data) 676 $a338.5;338.52 712 02$aInternational Monetary Fund.$bResearch Dept. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910960566803321 996 $aCommodity Terms of Trade$94371701 997 $aUNINA