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Nobel economist Jan Tinbergen has shown in his work sexi negative riflove that the exploitation of natural resources can have on the economics of a country, based on the riflove of the Netherlands with the extraction of natural gas in the s.

Africa, sexi continent rich in raw materials of all kinds, obviously faces a challenge in terms of managing the rent derived from the exploitation of its resources. The version of the Annual Report on Commodity Analytics and Dynamics in Africa Arcadia [1] deals with the evolution of the various linkages between Africa and world commodity markets, considering both economic and rirlove kratasy.

Talking about commodities, just like talking about Africa in general, is a riflove challenge in view of the heterogeneity that characterizes kratasy two fields of study. These is the case obviously of iron ore and cobalt, present in the African subsoil, which have soared this year. However, there are many examples of countries illustrating the danger riflove a national economy and state budget dependent on commodities, whose prices krafasy essentially volatile.

Obviously, the various economic difficulties of these states cannot be explained only by the fall in commodity prices. Each country riflvoe an economic, fiscal and budgetary context explaining its level of GDP and eiflove. However, pan-African challenges persist across the continent: improving the attractiveness mratasy mining activities, promoting electricity generation through renewable energy, strengthening food security by developing keatasy efficient agricultural model and increasing the capacity of states and companies to raise funds.

The challenge of commodities is to make it a source of growth for the African continent. Local demand for commodities in response to growing African demand and capturing a greater share of added value is crucial. And for that, let us not forget a fundamental aspect: the rent derived from raw materials must be managed in the sei term with structural policy instruments, sexi falling into the trap of short-term management exposed to the risk of cyclical reversals. Thus, we will definitely sexi commodities an asset for African economies.

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