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Commodities and Development Report 2017: Commodity Markets, Economic Growth and Development (OVERVIEW)












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    Commodity dependence, growth and human development. Background document to the Commodities and Development Report 2017 2017
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    This study discusses the relationship between commodity dependence, growth and human development. Two dimensions of commodity dependence are considered: the traditional primary commodity export dependence (export share of total merchandise exports) and import dependence (the share of food and oil imports in total merchandise imports). After the examination of commodity dependence over the period 1995-2015, the focus shifts to the discussion of the mechanisms through which commodity dependence affects human development, particularly in commodity-dependent developing countries (CDDCs). Then, the relationship between commodity dependence and human development is investigated through econometric modeling. The study finds that import and export dependence are negatively associated with the level of human development. Many CDDCs are doubly hurt by commodity dependence as they are both export and import-dependent. The negative association between commodity dependence and human development suggests that the question why CDDCs have not been able to put in motion a commodity-led development process remains topical even though most of these countries benefited from higher rates of economic growth owing to the commodity price boom of the 2000s.
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    Book (stand-alone)
    Commodities and Development Report 2017 2017
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    The report brings together the complementary expertise of UNCTAD and the FAO, creating synergies between UNCTAD’s mandate to promote the integration of developing countries into the global economy and FAO’s mandate to eradicate hunger and promote food and agricultural production. This is done with the aim to provide an additional tool to inform public policy analysis and deliberation, in particular of developing countries.
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    Book (stand-alone)
    COMMODITY MARKET REVIEW 2003-2004 2003
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    The present issue of the Commodity Market Review (CMR) marks a significant departure from past issues of the same named FAO publication. In the past the main focus of the CMR was a review of developments in agricultural commodity markets, a description of the current situation, and a short term outlook for these commodities. The CMR 2001-2002 departed somewhat from this format, by including some short analytical articles, that tried to explain in more detail the factors that shape commodity mark et developments. In the past few years, the situation and outlook of food and agricultural commodities is being presented on the Commodities and Trade Division Web pages of the FAO Web site at www.fao.org (under “Departments” ES, Commodities and Trade Division) or directly at www.fao.org/ES/esc. This form of information provides greater scope for timely dissemination of detailed market information and more frequent updating than what is possible with conventional printed publications. The Web pages have undergone redesign that has made them more accessible and more user friendly. It is thus unnecessary to repeat the same information in printed form.

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