Commodity collapse may have longer term effect on exporters – IMF

WASHINGTON, D.C.: Countries dependent on exports of commodities like metals or oil could face long-term growth challenges from the collapse in prices, the International Monetary Fund (IMF) warned on Monday (Tuesday in Manila).

The IMF said that the broad decline in commodity prices after the boom of the 2000s is mainly a cyclical pain for producers, their incomes soaring and now falling in tandem with prices.