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Book Cover
E-book
Author Lele, Uma J

Title Economics, Politics, and Ethics of Primary Commodity Development : How Can Poor Countries in Africa Benefit the Most? / Uma J Lele
Published Washington, D.C. : International Monetary Fund, 1994

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Description 1 online resource (36 pages)
Series IMF Working Papers; Working Paper, 1018-5941 ; No. 94/23
IMF Working Papers; Working Paper ; no. 94/23
Summary The critical role of agricultural commodities in the growth of low-income countries is examined. A combination of factors has resulted in declining agricultural prices, necessitating further increasing volumes by developing countries to maintain export earnings. But low growth in factor productivity in Africa compared to competitors caused declining export shares in African countries. A broad-based smallholder strategy based on producing commodities in which a country enjoys comparative advantage needs to be supported by productivity enhancing innovations in food and export commodities, a stable price environment, availability of infrastructure and access to credit. Such an environment requires partnership between government and private agents
Notes English
Print version record
Subject Agricultural Export.
Export Crops.
Export Diversification.
Export Earnings.
Export Sector.
Kenya.
Tanzania.
Form Electronic book
Author Adu-Nyako, Kofi
Gockowski, James Jerome
Lele, Uma J
ISBN 145192108X
9781451921083
1455213012
9781455213016
1462346049
9781462346042
ISSN 2227-8885