Africa - escaping the primary commodities dilemma

Más información sobre el libro

This volume XI of the African Development Perspectives Yearbook addresses the critical issue of African countries' dependence on a limited range of primary commodities. It presents policy-oriented papers, development projections, and strategies aimed at overcoming this reliance. The challenge of escaping the primary commodity trap and diversifying into new products and markets has intensified in the context of globalization and heightened international competition. The volume offers analytical surveys that examine the current state of commodity dependence across various countries, sectors, and products. It explores options for both horizontal and vertical diversification through detailed case studies, highlighting supply- and demand-side constraints that hinder successful efforts. Successful diversification cases are showcased, along with strategies for enhancing countries' and firms' positions within the global value chain. The discussion includes ways for primary commodity producers in the Southern African Development Community (SADC) to leverage their resources for effective diversification. The volume also features book reviews, notes, and timely updates. This foundation for a comprehensive policy reform strategy is complemented by volume XII, which focuses on commodity dependence, resource curse, and export diversification. Both volumes serve as essential resources for officials, executives, researchers, and the global do