Resource-based African Development Strategy - Partnership to Cut ...
Resource-based African Development Strategy - Partnership to Cut ...
Resource-based African Development Strategy - Partnership to Cut ...
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Thus the demand boom hasdisproportionately p increased mineral prices!(also lower mineral supply elasticity)The prices of metals haveincreased spectacularly, whilstagri-commodities havelanguished…Due <strong>to</strong>:• Market dis<strong>to</strong>rtions (agri-subsidies)• High mineral supply inelasticity (windfall rents)RADS<strong>Resource</strong>-<strong>based</strong> <strong>African</strong> <strong>Development</strong> <strong>Strategy</strong>