11.26.10
The boom and LDC’s
Published on Friday, November 26, 2010 by Inter Press Service
Economic Boom Worsened De-industrialisation of LDCs
by Isolda Agazzi
http://www.commondreams.org/headline/2010/11/26
GENEVA – Least developed countries (LDCs) in Africa did not use the commodity export boom of the mid-2000s to diversify their economies from commodity dependence to manufacturing value-added products. Significantly, the agricultural sector has also not benefited, with the result that LDC reliance on imported food has become even worse.