In a country exporting primary commodities
, an appreciation of the U.S.
My view is that China is in for the long-term picture: good diplomatic relations, good commercial relations, long-term access to Africa's primary commodities
, and that it's willing to play a constructive role in financing infrastructure and in building markets together with Africa.
However, it is too risky to rely on exports of primary commodities
as the prices of primary commodities
are fluctuating sharply in international market.
Insofar as primary commodities
are concerned, Malaysia was a putative leader.
They offer a more sober analysis, arguing that neoliberalism has merely been muted as new and somewhat different political regimes have emerged in the context of a wave of anti-neoliberalism, a widespread concern for different policies and an alternative form of development, the relative decline of US power, and the conjunctural advent of a primary commodities
boom in the world economy.
This means that economies with better financial systems are more likely to export manufacturing products and import primary commodities
. Put differently, financial development favors financially dependent sectors, an observation also made by Antras and Caballero (2009), Beck (2002), Chaney (2005), Egger and Keuschnigg (2009), Ju and Wei (2008), Kletzer and Bardhan (1987), Manova (2008b), Matsuyama (2005) and Wynne (2005).
Africa's export basket for decades has remained heavily reliant on primary commodities
, which account for nearly four-fifths of total exports.
For the second day in succession, a buoyant primary commodities
sector denied the best attempts of the mortgage-lenders, a sector which would appear to be on a downward spiral, to drag the market down.
Rapidly increasing prices of primary commodities
, such as crude oil and coal, have until recently had a positive influence on corporate performance with the yen's appreciation against the dollar.
* The primary commodities
carried on the inland waterways as a whole are coal, grain, petroleum products and chemicals, aggregates, ores and minerals, iron and steel
We consider these historical rates to be a more realistic gauge of future growth because of these countries' reliance on highly volatile primary commodities
and other vulnerabilities such as HIV/AIDS.
for the prices of other primary commodities
; OECD projections for 2003