Author
Thouraya Triki, Youssef Affes
Organization
African Development Bank (AfDB)
- Africa’s exposure to different commodity classes require differentiated strategies to address the problem of commodity price volatility. The “onesize-fits-all” approach should be avoided. More attention should also be given to the problem of speculation and to non-oil commodities.
- Management of commodity price volatility should not be restricted to a single strategy in order to fully benefit from all available options while reducing their limitations to a minimum.
- Interventions should not be limited to the supply side but also cover the demand side: capacity building and technical assistance are as important as the development of derivatives markets.