
Beyond Size: How Commodity Networks Shape Global Economic Booms and Busts
Published on: Oct. 20, 2025, 10:02 a.m. | Source: Devdiscourse
The IMF and University of Zurich study finds that it’s not the size of a nation’s commodity sector but its interconnectedness within the domestic economy—measured by the Network-Adjusted Value-Added Share (NAVAS)—that determines how deeply global commodity price swings affect national consumption and income. Countries with more integrated commodity networks experience stronger and more direct economic responses to global shocks, redefining how policymakers should assess vulnerability and design stabilization strategies.