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Developing economies driving commodities super-cycle

Posted on 19 October 2011

“Super cycles are extended periods of historically high global growth, lasting a generation or more, driven by increasing trade, high rates of investment, urbanisation and technological innovation, characterised by the emergence of large, new economies, first seen in high catch-up growth rates across the emerging world.
The world economy may now enjoy its third super cycle, after the first 1870-1913 and the second 1946 - 1972. Note that the first super cycle which coincided with America’s industrialisation and Germany’s Gründerjahre was stopped in the tracks on the eve of World War I……………………………………….Full Article: Source


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