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Commodity in sentence

920 examples of Commodity in a sentence

Chile sets a target for its cyclically-adjusted fiscal balance – that is, the balance that emerges after accounting for the deviations in commodity prices and domestic output from their trends.
When commodity prices boomed in the middle of the last decade, the rule called for huge budget surpluses – which Chile achieved, repaying almost all of its public debt and accumulating a sizable rainy-day fund.
While inflation should have eased in early 2011, rising food prices and commodity prices thwarted expectations.
After imposing punitive fees on its commodity exports, Chinese Foreign Minister Wang Yi voiced “hope that Mongolia has taken this lesson to heart” and that it would “scrupulously abide by its promise” not to invite the Tibetan spiritual leader again.
It has now become a cheap and abundant commodity.
His hugely influential “dependency” theory argued that if poor countries relied too much on commodity exports, they would never achieve the industrial depth needed to sustain rapid growth.
Instead, they would become mired in a cycle of declining global commodity prices and ever-dwindling income shares.
But the fact is that for many years, Prebisch seemed to have made the right call on long-term commodity price trends.
With few exceptions, countries that focused on commodity exports performed dismally, whereas many resource-poor Asian countries raced ahead.
Today, however, with Asia’s giants, India and China, joining the global economy, prices for oil, gold, wheat, and virtually every other commodity are exploding.
Are they prepared for the inevitable flow of power and influence to commodity producers as they become much wealthier?
Instead, what is happening is that the integration of 2.5 billion people (China and India alone) into the global economy is producing a demand shift that is likely to put far more upward pressure on commodity prices than any technology gains are likely to offset.
World War I, of course, was partly set off by Germany’s concern that the other colonial powers had locked up too large a share of world oil and commodity supplies.
They do not share the political evangelism of the Americans, who don’t just want to trade with commodity exporters, but to convert them as well.
If they are right, one can only hope that America has a plan B.Meanwhile, commodity prices will continue to rise, with oil exporters now constituting the largest contributors to America’s gaping trade deficit.
Low returns on SWFs’ earlier investments reduced their existing assets, while low commodity prices and a contraction in international trade reduced the accumulation of foreign currency reserves that usually constitute the bulk of new capital flowing into SWFs.
However, python skins, like many wildlife products, are a commodity, so communities harvesting them are limited in terms of how they can add value to increase returns.
But that proposal fell apart, and, amid pressure from corruption scandals and falling commodity prices, Brazil left the global stage.
At a time when sluggish global growth and falling commodity prices demand rapid productivity growth, Latin America’s economies cannot afford to be hobbled in this way.
Whereas readers, listeners, and viewers were customers paying for some commodity, commercial electronic media learned how to profit by transacting directly with vendors while reducing us, and our data, to a passive commodity at the heart of the transaction.
Google, Facebook, and others were able to take this odd production process, where our attention is the traded commodity, to a different level, thanks to their stupendous capacity to personalize our screens.
But this neglects global inflation driven by rising commodity prices, which has been increasingly evident.
The result has not been investment in productive assets that boost employment in the US, as the Fed intended, but rather a run-up in global commodity prices and a growing bubble in the housing markets of the major emerging economies.
With the exception of Central America, rising commodity prices have improved the external accounts and fiscal positions of Latin American countries.
To determine what should be done with this windfall, it is important to know whether the increase in commodity prices is likely to be permanent or transitory.
It is reasonable to presume that the commodity boom’s positive effect on Latin America’s terms of trade will last for an extended period – perhaps 10-15 years – but that it will not be permanent.
Given this, it would be wise to spend at least part of the windfall on improving the capacity to innovate, which is essential for a long-term growth beyond the fluctuation of international commodity prices.
So what happened to the additional revenues derived from the commodity boom of recent years?
Beyond improving public accounts, a large part of the revenues from high commodity prices were used to increase public spending, although this proportion varied from country to country.
Both were necessary, but, with few exceptions, the region is not using the commodity windfall to do what it must: improve technological capacities sufficiently to ensure that future economic growth does not depend entirely on the fickle furtunes of finite natural resources.
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