Export Prospects for Africa South of the Sahara

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Periodical article

Title:	Export Prospects for Africa South of the Sahara
Author:	Wall, David
Year:	1969
Periodical:	African Affairs: The Journal of the Royal African Society
Volume:	68
Issue:	270
Period:	January
Pages:	26-41
Language:	English
Geographic term:	Subsaharan Africa
Subjects:	exports Economics and Trade Agriculture, Natural Resources and the Environment
External link:	https://www.jstor.org/stable/719496
Abstract:	Three tables concerning the exports of African countries south of the Sahara in 1965 show the following facts: 1. the export trade is characterised by a marked commodity concentration, 2. the marked concentration of the region as a whole on a very few commodities, 3. a high degree of dependence on one export market. After having examined the current situation the article evaluates the market prospects. The general factors influencing these prospects are grouped in economic factors and policy factors. The examination is concluded on a pessimistic note. For most of the countries covered any further increase in their rate of economic development must be dependent on their being able to obtain increasing supplies of aid, while the real value of aid forthcoming is declining, the absolute quantities forthcoming show every prospect of declining, and when the attention of the aid givers is being increasingly diverted to the countries of Asia.