Rural-Urban Terms of Trade, 1960-1973: A Note

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Periodical article

Title:	Rural-Urban Terms of Trade, 1960-1973: A Note
Author:	Fry, James
Year:	1975
Periodical:	African Social Research
Issue:	19
Period:	June
Pages:	730-738
Language:	English
Geographic term:	Zambia
Subjects:	rural-urban disparity domestic trade terms of trade Economics and Trade
Abstract:	Charles Young's paper, 'Rural-Urban Terms of Trade' (Afr. Social Research, 1971, 12, p. 91-94) in which he contended Chat the barter terms of trade facing farmers in their dealings with the rest of the world had deteriorated seriously since 1964, caused a considerable amount of consternation in official circles, but earned the highest possible accolade from President Kaunda in the use of several of Mr Young's more critical phrases in the text of an important presidential speech on rural development (see Afr. Social Research, 1971, 12, p. IX. Edit. note). While the general trend of Young's statistics was undoubtedly correct, some of his figures were of doubtful validity. To improve on Young's results, and to allow for more detailed production statistics, F.J.M. Maimbo and James Fry published 'An investigation into the change in the terms of trade between the rural and urban sectors of Zambia' (Afr. Social Reserach, 1971, 12, p. 95-110). The present article uses the information obtained by Maimbo and Fry, and presents through revised statistics, an improved view on. the 'rural-urban terms of trade'. Notes, tables.