Determinants of Agricultural and Mineral Commodity Prices

The 2009 conference, jointly hosted by the Reserve Bank of Australia and the Centre for Applied Macroeconomic Analysis at the Australian National University, considered the substantial rise in global commodity prices and the decline in the prices of manufactured goods over the past decade or so. Specifically, it examined the causes and nature of relative price shocks, the transmission of these shocks through the economy and how policy-makers respond to relative price movements. A volume, containing the conference papers and discussions, was published on 14 May 2010.