With temperatures soaring in May, desserts such as this vanilla mascarpone with berries were on Hongkonger’s minds. Vanilla prices have soared recently, but this has not translated into stable growth for countries that produce the commodity. Photo: Jonathan Wong
David Dodwell
Opinion

Opinion

Outside In by David Dodwell

Why Madagascar’s dependency on vanilla extracts a high price on economic growth

David Dodwell says the story of the vanilla boom shows that reliance on commodities to bolster gross domestic product is a precarious bet for developing countries

TOP PICKS

With temperatures soaring in May, desserts such as this vanilla mascarpone with berries were on Hongkonger’s minds. Vanilla prices have soared recently, but this has not translated into stable growth for countries that produce the commodity. Photo: Jonathan Wong
READ FULL ARTICLE