We use the IMF definition for emerging countries, in line with our approach of constructing the price index which is based on IMF (2009). The countries included in our sample, which are in Africa, the Americas, Asia, Eastern Europe, and the Middle East, are those that have full informatio...
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Other examples of financial investor interest in commodity markets included the number of exchange-traded funds (ETF), the introduction of complex trading strategies (e.g., cross-market arbitrage), managed money traders (MMTs) in oil and natural gas, and the increased volume of OTC transactions....
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