Commodity prices could be regulated to not negatively affect developing countries
By Hicbd
Mon Jun 28 2021 11:11 am
"Commodity price fluctuations, along with the globalisation of the world economy and increased liberalisation of commodity markets have led to profound changes that seriously affect the weaker economies of the developing world. Commodity price instability has a negative impact on economic growth, countries' financial resources, and income distribution, and may lead to increased poverty instead of poverty alleviation. Many countries, especially in Africa, derive more than 90% of their export earnings from commodities."
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