Brazil s economic boom was largely a product of skyrocketing commodity prices.

Admittedly, the global commodity price boom has had profound, albeit enormously complex and uncertain, effects on poverty.

NEW YORK The decade long commodity price boom has come to an end, with serious implications for global GDP growth.

And boom, boom, boom. The president of Mongolia.

A continuation of today s commodity price boom seems more likely, for it has more of a new era story attached to it.

True, when today s global economic boom ends, as it inevitably will, commodity prices will plummet, easily 25 , quite possibly 50 or more.

Huge boom. Huge boom. Huge bust.

Just as China s economic boom benefited commodity dependent economies, primarily in the developing world, its slowdown is reflected in these economies declining growth rates.

Economic activity is thus even more volatile than commodity prices, and much of the gains made in a boom unravels in the bust that follows.

Broad based commodity shortages often begin to emerge at the end of long global expansions, and in this respect, the present boom is no different.

BOOM

(Boom!

BOOM!

Boom.

BOOM!!

Boom.

Huge boom. Huge boom. Huge bust. Huge bust.

So what happened to the additional revenues derived from the commodity boom of recent years? Some of these funds were aimed to improve countries fiscal balance.

And they go up to the cath lab and boom, boom, boom get rid of the clot.

Uhoh. Boom.

Some worry that the fresh liquidity will lead to worse outcomes for example, a commodity boom, which would act much like a tax on American and European consumers.

Favorable external conditions the effect of China s strong growth on higher commodity prices and easy money from yield hungry advanced economy investors led to a partly artificial boom.

Boom, boom and it makes me crazy. Great balls of fire!

Asia s Invention Boom

Africa s Big Boom

Boom. Land. Great.

Boom baboom, ruff

To be sure, pro active anti poverty programs, loose credit, a commodity export boom, and heavy government spending (financed by an equally heavy tax burden) lifted millions out of poverty.

This recent growth has been fueled by a strong boom in commodity prices, including not only energy inputs such as oil, gas and coal, but also metals, minerals, and agricultural products.

But Germany will boom.

Germany s Pathological Export Boom

Long Live China s Boom

Harnessing the Remittance Boom

Boom. It's all over.

Recycling commodity revenue and managing macro level commodity related risks

But the rise of China, the relative decline of the United States, the long boom in commodity prices, and the Western financial collapse of 2008 have created space for political and economic experiments.

In the meantime, Latin America s economies will continue to benefit from the world boom in commodity markets, elections will remain normal, and life will go on in the political middle of the road.

A Space Odyssey, and you heard the boom, boom, boom, boom, and you saw the monolith, you know, that was Arthur C. Clarke's representation that we were at a seminal moment in the evolution of our species.

A Productivity Boom in Waiting?

Boom! This is what happened.

Boom. AsianAmerican association of Orlando.

The boom has been lowered.

If you saw 2001 A Space Odyssey, and you heard the boom, boom, boom, boom, and you saw the monolith, you know, that was Arthur C. Clarke's representation that we were at a seminal moment in the evolution of our species.

But the boom is not uniform.

Perhaps Europe will just boom anyway.