Tripling Africa´S Primary Exports: What? How? Where?
Income growth in Africa sufficiently high to achieve the internationally agreed development goals implies a rise in the region’s per capita income by the early 2020s to about Latin America’s current level. This would be associated with roughly a tripling of Africa’s primary exports. Increased African supply on world commodity markets would tend to make prices lower, but not by much, given the smallness of its market shares. Rising global demand from sustained rapid growth in natural-resource-poor Asian countries, particularly China, would moderate, or even compensate, such a potential fall in prices and provide sizeable new opportunities for Africa’s primary exports. In Africa, extractive industries would be poised best to benefit directly from China’s rising imports, while exporters of agricultural products would be more likely to benefit indirectly from rising world market prices associated with Asia’s growing primary imports.
|Date of creation:||2005|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: +41 22 907 12 34
Fax: +41 22 907 00 43
Web page: http://www.unctad.org/Templates/Page.asp?intItemID=2101&lang=1
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Douglas Gollin & Stephen Parente & Richard Rogerson, 2002.
"The Role of Agriculture in Development,"
Center for Development Economics
2002-09, Department of Economics, Williams College.
- Jonathan Kydd & Andrew Dorward & Jamie Morrison & Georg Cadisch, 2004.
"Agricultural development and pro-poor economic growth in sub-Saharan Africa: potential and policy,"
Oxford Development Studies,
Taylor & Francis Journals, vol. 32(1), pages 37-57.
- Kydd, Jonathan & Dorward, Andrew & Morrison, Jamie & Cadisch, Georg, 2002. "Agricultural Development And Pro Poor Economic Growth In Sub Saharan Africa: Potential And Policy," ADU Working Papers 10920, Imperial College at Wye, Department of Agricultural Sciences.
- Leamer, Edward E, 1987. "Paths of Development in the Three-Factor, n-Good General Equilibrium Model," Journal of Political Economy, University of Chicago Press, vol. 95(5), pages 961-99, October.
- Robert J. Barro & Jong-Wha Lee, 2000.
"International Data on Educational Attainment Updates and Implications,"
NBER Working Papers
7911, National Bureau of Economic Research, Inc.
- Barro, Robert J & Lee, Jong-Wha, 2001. "International Data on Educational Attainment: Updates and Implications," Oxford Economic Papers, Oxford University Press, vol. 53(3), pages 541-63, July.
- Robert J. Barro & Jong-Wha Lee, 2000. "International Data on Educational Attainment: Updates and Implications," CID Working Papers 42, Center for International Development at Harvard University.
- Vernon W. Ruttan, 2002.
"Productivity Growth in World Agriculture: Sources and Constraints,"
Journal of Economic Perspectives,
American Economic Association, vol. 16(4), pages 161-184, Fall.
- Ruttan, Vernon W., 2002. "Productivity Growth In World Agriculture: Sources And Constraints," Staff Papers 14176, University of Minnesota, Department of Applied Economics.
- Nicolas R. Blancher & Thomas Rumbaugh, 2004. "China: International Trade and WTO Accession," IMF Working Papers 04/36, International Monetary Fund.
- Delgado, Christopher L. & Hopkins, Jane & Kelly , Valerie & Hazell, P. B. R. & McKenna, Anna A. & Gruhn, Peter & Hojjati, Behjat & Sil, Jayashree & Courbois, Claude, 1998. "Agricultural growth linkages in Sub-Saharan Africa:," Research reports 107, International Food Policy Research Institute (IFPRI).
- M�ns S–derbom & Francis Teal, 2003. "Are Manufacturing Exports the Key to Economic Success in Africa?," Journal of African Economies, Centre for the Study of African Economies (CSAE), vol. 12(1), pages 1-29, March.
- Morisset, Jacques, 1998. "Unfair Trade? The Increasing Gap between World and Domestic Prices in Commodity Markets during the Past 25 Years," World Bank Economic Review, World Bank Group, vol. 12(3), pages 503-26, September.
When requesting a correction, please mention this item's handle: RePEc:unc:dispap:180. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joerg Mayer)
If references are entirely missing, you can add them using this form.