Home > News and media > Video and audio > Channels > Public lectures and events > Public lectures and events: media player

How to contact us

For technical and editorial queries, please use:


To contribute video and audio content, please use:


For queries about forthcoming events, please see the public events| website.

Commodity Prices, Capital Flows and the Financing of Investment

Download: Audio

Speaker(s): Supachai Panitchpakdi, Heiner Flassbeck; Professor Robert Wade
Chair: Professor Stuart Corbridge

Recorded on 2 September 2008 in New Theatre, East Building.

The report, which is under embargo until 4 September 2008, highlights the implications of commodity price volatility and one of the major paradoxes of globalization, namely that the "capital poor" developing world is exporting capital to the "capital rich" developed countries. Moreover, those developing countries that are the largest capital exporters tend to invest more domestically and to grow faster than those that still depend on capital imports. These facts create serious puzzles for mainstream economic models and reject most of their predictions.

Event posting