date:Mar 07, 2013
titors over the long term. However, past productivity growth rates may become more challenging to maintain and may depend more on new advances in technology.
The following economic assumptions underlie this set of commodity forecasts:
In preparing this set of commodity forecasts and projections, world economic activity is assumed to increase by 3.5 per cent in 2013, after rising by 3.2 per cent in 2012. World economic growth is assumed to improve to 4.3 per cent in 2015, before easing graduall