Commodities , Diversification and Poverty Reduction
نویسنده
چکیده
The problems of developing country dependence on a narrow range of commodity exports are well-established. Many poorer developing countries have continued to generate a substantial proportion of their total export revenues from one or a small number of basic food commodities. In addition to the problem of declining world market prices for basic food products typically exported from developing countries – coffee, cocoa, tea, sugar and bananas – commodity price shocks are also associated with dependence on commodities, as highlighted in a recent report by the IMF (International Monetary Fund 2003).
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