Economic Development in Africa 2003

Trade Performance and Commodity Dependence

image of Economic Development in Africa 2003

This report reviews the structure and composition of Africa’s trade along with the associated problems of commodity dependence. It also attempts to place in perspective the reasons for Africa’s poor performance and its declining share in world trade. In addition, the report appeals for a new international initiative on commodities, consonant with the development needs of African countries.

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Policy issues

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