An agenda for action: (III) Commodities and (IV) Technology

This chapter treats two of the five core pillars of the NIDA, namely, commodities and technology. Without an effective technology policy, the commodity value chain cannot be developed, diversification out of commodities is unlikely to happen, and LDCs which have diversified out of commodities will not be able to upgrade from low-skill manufactures or simple services. Both the commodities and technology issues have been largely neglected in the international economic architecture and represent salient opportunities for constructive initiatives, with major benefits for LDCs.

Related Subject(s): Economic and Social Development