Dramatic economic growth in the developing world has transformed the market for everything from corn to oil to copper. Prices for commodities have skyrocketed, boosting exports for resource-rich nations like Russia, Canada and Australia. China has been investing heavily in Africa and Brazil to access the resources needed for its huge manufacturing sector and rising consumer demand. Is this boom permanent, and if so, how should companies and investors adjust? What are the downsides for resource-dependent countries? Will rising prices create food insecurity in developing nations? Should the world be concerned by China's acquisition of rare earth metals?
Global Conference 2013
Former Prime Minister Tony Blair, philanthropist Bill Gates and Strive Masiyiwa of Econet Wireless discuss advancing prosperity in Africa.