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Twenty countries are dependent on commodities for over 90 percent of their total foreign exchange earnings, says the World Bank. — Ken Laidlaw, Market Cure Proposed For Third World’s Battered Farmers10, Gemini News Service, December 4, 2001 (Link is to reposted version on this web site) Almost four years after the above was written, Oxfam reveals that things have not changed for the better: more than 50 per cent of Africa’s export earnings is derived from a single commodity 11; numerous countries are dependent on two commodities for the vast majority of their export earnings; and there are a number of other countries in Africa heavily dependent on very few commodities.

Pages: 208

Publisher: Longman Higher Education; First edition (December 1989)

ISBN: 0887302769

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