1945

Commodity export dependence, the international poverty trap and new vulnerabilities

The patterns described in the previous chapter show that there is a clear link between dependence on exports of primary commodities and the incidence of extreme poverty. The reasons for this have not featured in current debates on international trade and poverty. Indeed, there does not seem to be an explicit awareness in international policy circles that the commitment to reducing extreme poverty by half by the year 2015 necessarily implies attention to the primary commodity problem.

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