Página académica de Historia Económica

En este lugar usted encontrará información básica sobre la evolución del pensamiento económico, desde la antigüedad hasta el siglo XXI.

We must help developing countries escape commodity dependence

Commodities are the basic products that underpin both our material progress and our everyday lives. – from the cereals at your table, the cotton of your shirt or the copper and lithium in your smartphone, to the oil and gas that propels your vehicle.

These products also sustain and propel the economies of the many countries that produce them. When more than 60% of the merchandise a country exports, in value terms, are these basic products, we call the country commodity-dependent.