Effects of a dollar appreciation on dollar prices in international commodity markets

The dollar-based commodity price index prepared by UNCTAD declined by 30% in the five-year period ending in January 1985. A variety of factors explains this fall. Most important among these is probably the phenomenal appreciation of the US currency. For instance, the dollar rose against the Deutschmark by 84% during that time, and UNCTAD's commodity price index shows a rise of about 30% when measured in West German money. Surely, the dollar commodity prices would have fallen far less or possibly even increased in the absence of the exchange rate shifts that were actually recorded.     

Integrated approach of the entrepreneurial behaviour in the tourist sector from disadvantaged mountain areas from Romania

Environment, Development and Sustainability - The economic development of the tourism in disadvantaged mountain areas has the role of sustaining their development and economic growth. The premise...     

Capital markets and the costs of climate policies

Environmental Economics and Policy Studies - Globalization is accompanied by increasing current account imbalances. They can undermine the positive impacts of increasing international cooperation...