The price of fairness: Tackling mispricing of commodity exports from poor countries
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.