Cash-strapped producers are more likely to spend their windfalls on imports from rich countries.One more reason not to lose sleep over the surge in oil prices is that, unlike the rises in the 1970s, it has not occurred against the backdrop of general commodity-price inflation and global excess demand.
In addition to general commodities, Han historians list the goods of specific regions.
Now, to some extent soaring food prices are part of a general commodity boom: the prices of many raw materials, running the gamut from aluminum to zinc, have been rising rapidly since early 2009, mainly thanks to rapid industrial growth in emerging markets.
However we can't use this to forecast future paths of specific or general commodity prices at a certain point in time - as illustrated by the non-homogeneity of shapes of previous cycles.
Oil was in a bubble of its own, well beyond the general commodity bubble.
Our interactive maps display data from the UN Conference on Trade and Development, and show which countries are net importers and exports of primary commodities in general, and of oil, metals and food in particular.
The smaller numbers of products will serve well enough if only a general all-commodities index (or a few subindexes at most) is wanted.
With the recent hike in the prices of commodities of daily living, the general trend toward calling the Hijras to public gathering has decreased, as more and more people don't have enough money to afford their services.
Or perhaps the gold spree is part of the general enthusiasm for metals and commodities, which optimists regard as evidence of strong recovery in the global economy.
Helen Dickinson, BRC director general, said: "A number of key commodities in the retail supply chain, in particular oil, have fallen dramatically recently and the impact of these falls will continue to make its way through to shop prices for some time to come".
