01940cas a2200265 a 4500 AALejournalIMF004332 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451921083 1018-5941 BD-DhAAL BD-DhAAL Lele, Uma. Economics, Politics, and Ethics of Primary Commodity Development : How Can Poor Countries in Africa Benefit the Most? / Uma Lele, James Gockowski, Kofi Adu-Nyako. Washington, D.C. : International Monetary Fund, 1994. 1 online resource (36 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet Adu-Nyako, Kofi. Gockowski, James. IMF Working Papers; Working Paper ; No. 1994/023 Full text available on IMF http://elibrary.imf.org/view/journals/001/1994/023/001.1994.issue-023-en.xml IMF e-Library