urbanization http://blogs.worldbank.org/growth/taxonomy/term/320/all en Moving Past the Commodity Supercycle: Are We There Yet? http://blogs.worldbank.org/growth/moving-past-commodity-supercycle-are-we-there-yet <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><img alt="" src="http://farm9.staticflickr.com/8346/8261700135_1dbc5cff3a.jpg" style="float:right; height:200px; width:300px" />Some analysts are predicting that the commodity price boom of the new millennium is something that has played itself out. Except for shale gas and its downward pressure on U.S. natural gas prices, however, natural resource-based commodity prices have remained high by historical records in the last few years, despite the feebleness of the recent global economic recovery.</div></div></div> Mon, 04 Nov 2013 17:51:01 +0000 Otaviano Canuto 8868 at http://blogs.worldbank.org/growth Until Subnational Debt Do Us Part http://blogs.worldbank.org/growth/until-subnational-debt-do-us-part <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p><img src="/growth/files/growth/flags_1.jpg" width="200" height="300" align="right" alt="" />Decentralization in many countries has given subnational governments certain spending responsibilities, revenue-raising authority, and the capacity to incur debt. Furthermore, rapid urbanization in developing countries is requiring large-scale infrastructure financing to help absorb influxes of rural populations. Not surprisingly, the subnational debt market in some developing countries has been going through a notable transformation.</p></div></div></div> Mon, 15 Apr 2013 14:51:51 +0000 Otaviano Canuto 8857 at http://blogs.worldbank.org/growth