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State of Commodity Dependence 2019

image of State of Commodity Dependence 2019

The 2019 edition of the State of Commodity Dependence contains 189 individual country profiles, each comprising 30 indicators mostly related to the four main dimensions of commodity dependence, namely: merchandise and commodity export dependence - Commodity import dependence - key socio-economic indicators - other structural indicators. As commodity dependence tends to negatively affect poverty alleviation and food security, a set of indicators is included to help monitor trends in these areas. For each individual country, 1995 is used as the historical reference year. Moreover an in-depth analysis of commodity dependence in the 189 countries is presented at the beginning of the report with key messages.

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Introduction

A country is considered to be export-commodity-dependent when more than 60 per cent of its total merchandise exports are composed of commodities. given that commodity dependence can have a negative impact on a country’s economic development, it is extremely important to monitor the evolution of such dependence in countries throughout the world. In particular, detailed statistics on commodity dependence provide an invaluable tool for a comprehensive analysis of its causes and consequences, and contribute significantly to the policy debate about measures necessary to address it in the short and long terms.

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