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Sub-Saharan Africa's Reliance on Oil Exports Leads to Decline in Agricultural Imports During Pandemic

Adam Gerval and James Hansen

Amber Waves:The Economics of Food, Farming, Natural Resources, and Rural America, 2022, vol. 2022

Abstract: Sub-Saharan Africa is a region characterized by economies with growing populations, rising per capita incomes, and increasing urbanization. Despite being markers for significant market growth, these traits also can be symptomatic of economic development struggles that jeopardize stability in trade relationships. For example, most Sub-Saharan African countries depend almost exclusively on revenues and foreign exchange from the export of a high-value commodity such as oil.

Keywords: Agribusiness; Demand and Price Analysis; Financial Economics; Industrial Organization; International Relations/Trade; Production Economics; Risk and Uncertainty (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersaw:338865

DOI: 10.22004/ag.econ.338865

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