Representatives from the Initiative for Human Rights in Business Project participate in an international conference on price fluctuations in international commodities

Representatives from the Initiative for Human Rights in Business, Rebecca DeWinter-Schmitt and John Richardson, attended a conference last week, Understanding International Commodity Price Fluctuations. International experts examined trends and cycles of commodity pricing in the oil and gas market, forecasting commodity prices through different models, and the financialization of commodity markets. Conference participants were largely silent on the research examining linkages between the deregulation and growth in speculation in commodities derivatives, rising food prices, and food insecurity. The materials from the two-day discussion hosted by the Research Department of the International Monetary Fund and the Oxford Centre for the Analysis of Resource Rich Economies at Oxford University are available online.

The Initiative for Human Rights in Business (IHRIB) is a new project of the Center for Human Rights & Humanitarian Law devoted to the promotion of human rights and justice for people adversely affected by business and economic activity around the world. IHRIB’s Financial Humanity Project addresses the human rights risks associated with commodities speculation. Connect and learn more about the IHRIB.