Almost two-thirds of emerging market and developing economies rely heavily on resource sectors for economic activity, fiscal and export revenues. In these economies, economic planning requires sound baseline projections for the global prices of the commodities they rely on and a sense of the risks around such baseline projections. This paper presents a model suite to prepare well-founded forecasts for the global prices for oil and six industrial metals...
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2023/11/21
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Documento de trabalho sobre pesquisa de políticas
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WPS10611
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1
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2023/11/21
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Disclosed
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Forecasting Industrial Commodity Prices : Literature Review and a Model Suite
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