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Asia Pacific region faces commodity price volatility

Posted on 14 May 2012

Asia-Pacific faces another year of slowing growth as demand for its exports falls in developed countries and capital cost rises, according to latest United Nations projections, which nonetheless show optimism as the region will remain the anchor of global economic stability.
Commodity price volatility with the long term outlook of an upward trend is another major concern for the region, says the Economic and Social Survey of Asia and the Pacific 2012: Pursing shared prosperity in an era of turbulence and high commodity prices, the flagship publication of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), which is based in Bangkok, Thailand………………………………………..Full Article: Source


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