Sub-Saharan Africa is poorer.
| Position | UN Reported: News on the United Nations System at Work - Brief Article |
Sub-Saharan Africa is poorer than two decades ago because of declining aid, terms of trade, mounting debt and ineffective adjustment policies, according to an UNCTAD report. "Economic Development in Africa: Performance, Prospects and Policy Issues". It states that the region's marginalization is mostly due to 80 per cent of its exports of oil and non-oil commodities, whose prices have been...
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