Commodities Cycle Archive

Editor’s note: This article is part of an ongoing WPR series on the impact of falling oil and commodities prices on resource-exporting countries. A prolonged commodities slump has caused Indonesia’s economy to slow drastically. Last year, Indonesia saw its slowest growth rate since 2002; the currency lost 11 percent of its value; and trade levels were at their lowest since the Asian financial crisis in the late 1990s. In an email interview, Arianto Patunru, a fellow in the Arndt-Corden department of economics at the Australian National University’s Crawford School of Public Policy, discussed Indonesia’s economy and its dependence on commodities […]

Editor’s note: This article is part of an ongoing WPR series on the impact of falling oil and commodities prices on resource-exporting countries. Bolivian President Evo Morales has overseen remarkable economic growth since he took office in 2006, and last year the economy grew by 5.4 percent, thanks in large part to exports of gas and other natural resources. In an email interview, Jean-Paul Faguet, professor of the political economy of development at the London School of Economics, discussed Bolivia’s economy and its dependence on commodities. WPR: How effectively has the Bolivian government used the past decade’s commodity boom to […]