This is a key part of moving our economy away from reliance on commodity exports and mineral extraction, to one based on knowledge.
Similarly, the Canadian economy's heavy reliance on commodity exports like oil, gas, timber, minerals and grain, which are usually priced in American dollars, ought to be generating bumper earnings in terms of the Canadian currency.
Some scholars of Latin America's economic history of ups and downs say the robust recovery may be too good to last, pointing to volatile politics in some places, excessive reliance on commodity exports and the risks of sharply increasing trade with China.
Many drylands are locked in a reinforcing cycle of ecological over-utilization, but economic under-utilization often linked to a reliance on commodity-based production systems.
Yun wants to reduce Samsung's reliance on commodity semiconductors, whose profits vary wildly depending on the ups and downs of the product cycle.
Samsung wants to reduce its reliance on commodity semiconductors, or DRAMs, whose profits vary wildly depending on the ups and downs of the product cycle.
Russia's reliance on commodity exports makes it vulnerable to boom and bust cycles that follow the volatile swings in global prices.
In a few years time, it is anticipated that mobile carrier and telecom networks will increasingly emulate datacenters and clouds in their reliance on commodity hardware, virtualization technology, and open software and interfaces in a break from the current scenario in which telecom service providers are full of proprietary vertically integrated hardware appliances.
Ghana still faces some economic hurdles that may impede future growth -- ranging from low tax collection rates to staggering inflation and heavy reliance on commodity trade -- but the country's overall prospects seems promising.
There is the risk of over-reliance on commodity exports and the death of industry.
