Commodity Price Crash: Risks to Exports and Economic Growth in Asia-Pacific LDCs and LLDCs

Abstract

This note identifies Asia-Pacific LDCs and LLDCs with export-portfolios and economies which are at greatest risk from the recent collapse in commodity prices (June 2014 to January 2015). The primary objective is to identify countries whose exports have been highly vulnerable to the recent commodity price decline, in an effort to encourage policies which promote export diversification, as well as to offer strategies for effectively managing revenues in commodity-export dependent economies.

Keywords: International Trade; United Nations; Asia Pacific Region; Commodity Prices; Commodity Trade

JEL Classification: F10, F14, F43