Commodity Exporter’s Vulnerabilities in Times of COVID-19: The Case of Ghana

Main author: Asante-Poku, Nana Amma
Other authors: van Huellen, Sophie
Format: Journal Article           
Online access: Click here to view record


Summary: The measures put into place to mitigate the COVID-19 health crisis around the world have disrupted global supply chains and sent commodity prices tumbling. We argue that, while the nature of the COVID-19 crisis is unprecedented, the unfolding consequences for primary commodity export-dependent economies are not. By developing a state-centred adaptive supply chain resilience framework and drawing on past experiences, we identify three impact channels that are specific to commodity exporters: a price, a supply chain and a financial channel. Taking Ghana as a case study, we show how the interplay of these three channels can be particularly damaging.