Hugo Cabieses, an adviser to farmers in Peru's coca areas, argues that alternative development can work only if it is linked to government price supports and subsidised credit.
Newmont Mining, for instance, established a novel dividend policy (linked to the price of gold), and is expected to increase their quarterly dividend by 25% this July as a result.
He also pointed out that Nigeria does not have many commuter railways, so people have little choice but to use motorcycle and minibus taxis, whose prices are closely linked to the price of petrol.