making the most of commodities from theory to practice n.
Download
Skip this Video
Download Presentation
Making the Most of Commodities: From Theory to Practice

Loading in 2 Seconds...

play fullscreen
1 / 20

Making the Most of Commodities: From Theory to Practice - PowerPoint PPT Presentation


  • 73 Views
  • Uploaded on

Making the Most of Commodities: From Theory to Practice. Raphael Kaplinsky Development Policy and Practice, The Open University and CSSR, University of Cape Town. Commodities-Manufactures Terms of Trade. China’s demand for agricultural commodities. 20% world population, 7% arable land

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Making the Most of Commodities: From Theory to Practice' - freya-gaines


Download Now An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
making the most of commodities from theory to practice

Making the Most of Commodities: From Theory to Practice

Raphael Kaplinsky

Development Policy and Practice, The Open University and CSSR, University of Cape Town

china s demand for agricultural commodities
China’s demand for agricultural commodities
  • 20% world population, 7% arable land
  • Biofuels
  • Industrial inputs
  • 22% global rubber consumption (2006)
  • Imports 27mt cotton vs 7mt domestic production(2008)
  • Pork, other meat and animal feeds
  • Switch domestically from grains to fruit and vegetables
world manufacturing export price 1986 2000
World Manufacturing Export Price, 1986-2000

IMF, World Economic Outlook Database

curse or gift
Curse or Gift?
  • Minerals and metals are capital intensive
    • Little employment
    • Income distribution
  • Minerals and metals provide point revenues which can be stolen
  • Commodities through the Dutch Disease, undermines manufacturing
    • But this has not always been the case
  • SO HOW CAN THE COMMODITIES BOOM BE A SPUR TO INDUSTRIALISATION?
    • THE KEY LIES IN LINKAGES
global outsourcing
Global outsourcing
  • Core competences
    • Has value in market
    • Unique to firm
    • Difficult to copy
  • Everything else outsourced
the increasing globalisation of vcs
The increasing globalisation of VCs

Services

Services

Design

Production

Marketing

Competitive pressures

linkages in the commodities sector

Value added

Linkages in the commodities sector

Inside core

Competences

- win-lose

Outside

Mining

Company

core

competences

- win-win

Time

mining technology patents
Mining Technology Patents

Source: EPO, USPTO Databases

mining technologies south africa s cluster of patenting excellence
Mining Technologies – South Africa’s cluster of patenting excellence
  • The portfolio of patents held by South African enterprises is not especially large…
  • But it is distinctive in terms of quality
  • And the measured relative quality of South African patents stands up to quite rigorous tests
    • Not statistically better than American or Canadian mining patents…
    • But statistically equal in quality to Australian patents
linkages in ghana gold sector
Linkages in Ghana Gold Sector
  • Chamber of Mines
    • 10 production companies
    • 45 mine support service companies
    • 1 exploration company (out of an estimated 15-20)
  • Business/Industrial Directories:
    • 250-300 companies
  • Spatial:
    • Majority of companies are located in Greater Accra Tarkwa, Obuasi - direct operational support
    • Sekondi-Takoradi
types of linkages
Types of linkages
  • Inputs to gold mining
    • capital goods
    • consumables
    • services
  • Tier 1 direct suppliers and Tier 2 indirect suppliers
  • Business and producer services: 10 to 15 years of significant investment
    • finance, insurance, real estate/property, legal, logistics, laboratory and other technical services
linkages in the commodities sector1

Speeding up and deepening

Value added

Linkages in the commodities sector

Inside core

Competences

- win-lose

Speeding up

Outside

Mining

Company

core

competences

- win-win

Time

what determines the shape of the linkage curve
What determines the shape of the linkage curve?
  • Sector specific factors
  • Ownership
  • Infrastructure
  • Skills spillovers
  • Links to National System of Innovation
  • Role of regional capabilities
  • POLICY
mmcp programme
MMCP Programme
  • Joint University of Cape Town and Open University
  • IDRC-funded
  • Began Jan 2009, ends March 2011
  • Underdeveloped policy dialogue
mmcp sectors
MMCP Sectors
  • Mining services in South Africa
  • Diamond polishing and cutting in Botswana
  • Offshore umbilicals maintenance in Angola (oil)
  • Copper in Zambia
  • Gold in Tanzania
  • Gold in Ghana
  • Timber in Gabon
  • Services to Oil in Nigeria
  • Central development corridor in East Africa
  • Chinese companies in infrastructure
why am i here
Why am I here…?
  • Exchange of information
  • UNCTAD and policy dialogues
  • UNCTAD and training programmes