For decades, countries in Africa, Asia, and Latin America have remained trapped in poverty despite continuously exporting valuable commodities with which they are richly endowed – including oil, metals, plant proteins, grains, and more. This policy brief outlines one of the key causes of this harmful, unjust phenomenon: trade mispricing. More importantly, it introduces a raft of measures that can be taken to stop revenue losses from trade mispricing – in particular measures that commodity-exporting poor countries can implement unilaterally.
Source: Musselli I, Bürgi Bonanomi E, Lannen A. 2022. The price of fairness: Tackling mispricing of commodity exports from poor countries. CDE Policy Brief, No. 19. Bern, Switzerland: CDE.