Commodity Price Supercycles: What Are They and What Lies Ahead?

Bank of Canada Review - Autumn 2016

12 Pages Posted: 18 Nov 2019

See all articles by Bahattin Buyuksahin

Bahattin Buyuksahin

CoMeX Consulting and Advising

Kun Mo

Government of Canada - Bank of Canada

Konrad Zmitrowicz

Government of Canada - Bank of Canada

Date Written: November 17, 2016

Abstract

Because commodity prices help determine Canada’s terms of trade, employment, income and, ultimately, inflation, it is important to understand what causes them to fluctuate. Since the early 1900s, there have been four commodity price supercycles — which we define as extended periods of boom and bust that can take decades to complete. Now in its downswing phase, the current supercycle started after growth in China and other emerging-market economies in the mid-1990s resulted in an unexpected demand shock. The extent of this downswing depends on numerous factors that are presently uncertain.

Keywords: commodity price supercycles

Suggested Citation

Buyuksahin, Bahattin and Mo, Kun and Zmitrowicz, Konrad, Commodity Price Supercycles: What Are They and What Lies Ahead? (November 17, 2016). Bank of Canada Review - Autumn 2016, Available at SSRN: https://ssrn.com/abstract=3483326

Bahattin Buyuksahin (Contact Author)

CoMeX Consulting and Advising ( email )

Washington, DC
United States
2022904253 (Phone)

Kun Mo

Government of Canada - Bank of Canada ( email )

234 Wellington Street
Ontario, Ottawa K1A 0G9
Canada

Konrad Zmitrowicz

Government of Canada - Bank of Canada ( email )

234 Wellington Street
Ontario, Ottawa K1A 0G9
Canada

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
241
Abstract Views
723
rank
177,671
PlumX Metrics