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2016: Rebound Year for Hard Commodities?

The prices of non-renewable commodities rebounded during the first four months of 2016, after registering significant declines in 2015, resulting in a key question for many countries and economic stakeholders: can November 2015 be regarded as the lo…

Trends and Cyclicality of Commodity Prices (Part 1): Debating the Prebisch-Singer Hypothesis

Ce document est disponible en Français aussi : Tendances et cyclicité du prix des matières premières (partie 1) : le débat sur l’hypothèse de Prebisch-Singer. Dealing with the dynamics of commodity prices requires the characterization of three p…

Tendances et Cyclicité du Prix des Matières Premières (partie 1): le Débat sur l’Hypothèse de Prebisch-Singer / Trends and Cyclicality of Commodity Prices (Part 1): Debating the Prebisch-Singer hypothesis

This title is also available in English. Dealing with the dynamics of commodity prices requires the characterization of three phenomena to which they are subject: (very) long-term trends, medium / long-term cycles and short-term variability / volati…

Global Agricultural Trade Liberalization and Its Implications for Sub-Saharan Africa

This paper analyzes the potential impact of agricultural trade liberalization on sub-Saharan Africa. We used the Agricultural Trade and Policy Simulation Model to estimate the potential effects of agricultural trade liberalization, mainly in the Uni…

Impact de la Fluctuation des Prix de Matiere Premieres sur les Recettes publiques dans la Region de la SADC: Le Cas du Cuivre Pour la RDC / Impact of the Commodity Price Fluctuation on Public Revenues in the SADC Region: The Case of Copper for the DRC

A study that was conducted in some of the SADC countries in order to seek to understand how from 2003 to 2011 the boom in natural resource prices has impacted the economies of these countries and also how they are coping against the fall in the pric…

Ghana's Mining Code: In Whose Interest?

"When Ghana's first mining-specific legislation, PNDC Law 153, was enacted in 1986, the law was heralded as a shining example of best practice by many. The legislation sought to provide a stable policy environment in addition to significant financi…

International Commodity Prices and Inflation Dynamics in Sierra Leone

This study examines the impact of international commodity price changes, measured in local currency, on consumer prices in Sierra Leone. Monthly data from January 2007 to August 2016 are used to examine the long-run relationship and the short-run dy…

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