Download or read book Export Diversification in Africa in the Context of the Post Uruguay Round written by A. Gueye and published by . This book was released on 1998 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Breaking Into New Markets written by Richard Newfarmer and published by World Bank Publications. This book was released on 2009-03-12 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: International trade in 2009 is projected to contract for the first time since 1982. As a result, export diversifi cation has gained new urgency as one way of using exports to recover lost growth momentum. Moreover, diversifi cation is central to reducing income volatility and sustaining high growth rates, which are especially important for countries with large populations living in poverty. In the 1950s, countries became concerned that their dependence on primary products would lead to steady falls in the purchasing power of primary exports and thus slow growth. A major policy objective of developing countries since that time has been to diversify out of primary products into manufactures. Although some nations have been at least partially successful, many low-income countries remain dependent on a narrow range of primary products. 'Breaking Into New Markets' argues for a comprehensive view of diversifi cation. It explores new thinking and evidence about export diversifi cation and elaborates on policies for its promotion. These policies span tariffs and taxes, services, and government activities to help fi rms take advantage of global opportunities. The book is a compilation of chapters written as short, policy-focused pieces. Many digest longer, more academic papers in an effort to make the information accessible to a larger policy and nontechnical audience. In that sense, the book is a policy primer on what export diversifi cation can and cannot do for growth and how to make diversifi cation happen. Intelligently designed policies that effi ciently address the obstacles to export growth are critical for overall economic growth and poverty reduction. This book offers insights useful to policy makers and practitioners as they embark on efforts to design new programs of competitiveness in their trade strategies.

Download or read book Is Export Diversification the Best Way to Achieve Export Growth and Stability written by Ridwan Ali and published by World Bank Publications. This book was released on 1991 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policymakers - concerned with the instability and downward trend in export earnings for Malawi, Tanzania, and Zimbabwe between 1961 and 1987 - tend to propose the remedy of export diversification. But horizontal diversification would have produced lower export earnings and more instability.

Download or read book Leveraging Export Diversification in Fragile Countries written by José López-Cálix and published by World Bank Publications. This book was released on 2020-02-12 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite multiple past efforts, fragile Sub-Saharan African economies such as those of Mali, Chad, Niger, and Guinea still rank among the least diversified worldwide, with natural resources constituting a high share of their gross domestic product or exports. Large-scale production of gold for Mali, oil for Chad, uranium for Niger, and bauxite for Guinea offers substantial opportunities, but also has major shortcomings. Conclusive evidence shows poor economic performance by resource-rich but fragile Sub-Saharan African countries. The primary reason is not only their high vulnerability to external shocks, but the greed or grievances that typically lead to rents appropriation by a small group of elites in countries that are prone to conflict. Leveraging Export Diversifi cation in Fragile Countries explores the following questions: What are Mali’s, Chad’s, Niger’s, and Guinea’s main constraints to export diversification as perceived by key exporting firms? How it could be beneficial for these countries to target certain emerging export products? Are their current interventions to promote global value chain (GVC) adequate? What lessons can be extracted from specific cases? How can trade and logistic policies favor (or hamper) export diversification†“led growth? The book lays the groundwork for effective step-by-step multidimensional policies to propel export diversification in fragile economies that are hindered not only by poor governance and weak institutions, but also by their landlocked position (except Guinea), small domestic markets, and business-unfriendly environments. Recognizing that traditional project interventions in these countries have had limited success, mainly due to their unidimensional focus on single components of an agricultural value chain, the book proposes a GVC 2.0 cluster-based approach to export diversification, in which complementary efforts attract foreign firms and public investment in support of agribusiness. Promising pilot examples of joint implementation plans among multiple donors, risk-sharing facilities, and agribusiness clusters provide valuable insights into recent global value chain developer interventions.

Download or read book Industrialization and Economic Diversification written by Banji Oyelaran-Oyeyinka and published by Routledge. This book was released on 2022-04-14 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic diversification entails a shift away from a single income source toward multiple income sources from an increasing spectrum of sectors and markets. A persistent concern for some Asian and African economies is their reliance on commodity exports and how they are exposed to the risk of export volatility and income instability. The Covid-19 pandemic and previous oil crashes have demonstrated the adverse impact on such economies. This book provides a systemic analysis of sustainable economic development through economic diversification. The book analyzes diversification and development experiences from comparative perspectives of Asia and Africa. It also investigates determinants of export diversification differentiated by commodities-dependence versus manufactured products and looks at the roles of various institutions and governance of institutions in export diversification. This book will provide policy insights into how different degrees of specialisation in exports across countries have affected outcomes in terms of living standards, economic growth and employment.

Download or read book Trade Competitiveness of the Middle East and North Africa written by Jos R. L pez-C lix and published by World Bank Publications. This book was released on 2010-07-01 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decade, four major developments in global economic integration have shaped trade policy and the economic performance of countries within the Middle East and North Africa region: the emergence of global supply chains, the growth of trade in services, the rise of China and India as major international trading powers, and regional integration. These developments, along with the labor and natural resource endowments of particular countries (some are resource-poor but labor-abundant, some resource-rich and labor-abundant, and some resource-rich and labor-importing), have influenced export diversification outcomes across the region. Yet these countries may not be taking full advantage of all of the opportunities the four new trends offer to them. 'Trade Competitiveness of the Middle East and North Africa: Policies for Export Diversification' examines the region's trade policy agendas and their results by focusing on the countries' response to these four key developments in international trade. As the region recovers from the global financial and economic crises, the book identifies reforms that could allow countries to further strengthen global production networks, benefit more from trade in services, better compete in external markets to face the rise of China and India, and reach the full potential of regional integration. If thoroughly implemented, especially by oil exporters, all of these reforms could help boost growth and job creation in the region.

Download or read book Rethinking the Foundations of Export Diversification in Africa written by and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Africa is among the least diversified regions in the world with regard to exports. Commodities account for more than 60 per cent of total merchandise exports in 45 of the 54 countries in Africa, leaving them highly vulnerable to global commodity price shocks and undermining the continent's inclusive growth and development prospects. Economic Development in Africa Report 2022 shows that neglecting the potentially transformative role of high knowledge-intensive services, such as information and communications technology services and financial services, is among the key reasons why export diversification remains a challenge in Africa. The report shows that effectively addressing barriers to services trade under the African Continental Free Trade Area will be key to unleashing the transformative role of services in enhancing the diversity and complexity of products from Africa. UNCTAD recommends that for export diversification strategies to be impactful in Africa, policies need to be in place that enhance inclusive access to innovative financing technologies, including for small and medium-sized enterprises. Leveraging high knowledge-intensive services to increase productivity and improve competitiveness in the private sector will be key to achieving higher value-added diversification and growth under the African Continental Free Trade Area."--Publisher's description.

Download or read book Economic Diversification and Growth in Africa written by Omotunde E. G. Johnson and published by Springer. This book was released on 2016-06-18 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a coherent framework for assessing economic policy making in developing countries, with special reference to those in Africa. The chapters focus on policy making issues in three critical areas that are of major importance in the African context: capacity building for domestic resource mobilization; regional integration in Africa and intra-regional trade; and export diversification of individual African countries. Although applying economic theory as well as using case studies and empirical evidence from the economics literature, the book is written in a way that makes the core ideas accessible even to readers without advanced knowledge of the technical economics involved. Economic Diversification and Growth in Africa is a timely study which demonstrates how developing countries in Africa can improve their policy making strategies to diversify their economies and accelerate economic development.

Download or read book Economic Partnership Agreements and the Export Competitiveness of Africa written by Paul Brenton and published by World Bank Publications. This book was released on 2008 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Trade can be a key driver of growth for African countries, as it has been for those countries, particularly in East Asia, that have experienced high and sustained rates of growth. Economic partnership agreements with the European Union could be instrumental in a competitiveness framework, but to do so they would have to be designed carefully in a way that supports integration into the global economy and is consistent with national development strategies. Interim agreements have focused on reciprocal tariff removal and less restrictive rules of origin. To be fully effective, economic partnership agreements will have to address constraints to regional integration, including both tariff and non-tariff barriers; improve trade facilitation; and define appropriate most favored nation services liberalization. At the same time, African countries will need to reduce external tariff peak barriers on a most favored nation basis to ensure that when preferences for the European Union are implemented after transitional periods, they do not lead to substantial losses from trade diversion. This entails an ambitious agenda of policy reform that must be backed up by development assistance in the form of "aid for trade."

Download or read book The patterns of export product diversification and its determinants in four East African countries Particulary in case of Ethiopia written by Gebeyehu Tuji Benti and published by GRIN Verlag. This book was released on 2017-05-15 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2016 in the subject Economics - Case Scenarios, , language: English, abstract: This paper assesses the patterns of export product diversification and identifies its determinants in four east African countries particularly focus on the case of Ethiopia. In addition to this, the study develops lessons from East Asian countries as best experience to know the way they have followed to achieve export product diversification with less than three decades. The research conducts Herfindahl-Hirschman index to see the degree of export product diversification, balanced panel data to examine determinants of export product diversification using GLS random effect model and descriptive statistics for the year 1995-2014. The statistical data collected from WDI, UNCTAD, ERCA, NBE and ADI data bases. The study also conducts Huasman specification test to select the best model for the study and Breusch-Peagan test to check the existence of heteroscedasticity and used one year lag-values in log form to detect the endogeneity problems and some of the variables like labor force and saving effect may not observed immediately on diversification. According to the finding, the HHI for east African countries export product diversification shows as they concentrated on few products. However it shows an improvements from year to year with gradual changes. In 1995-2014 Ethiopia, Rwanda and Ugandan export highly concentrated but since 2001 Ethiopia and Uganda export performance shows moderately improved compare to the previous years. The regression result of the study suggests that exchange rate, gross domestic saving, inflation, PGDP, openness to trade, labor force and foreign direct investment suggests as they have positive contribution to export diversification. Likely, the regression result of labor force showing the highest relatively compare to other explanatory variables. [...]

Download or read book Pathways to African Export Sustainability written by Paul Brenton and published by World Bank Publications. This book was released on 2012-07-17 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: African export ventures often fail early, a trend that causes waste, uncertainty, and discouragement. This book shows how governments and donors can help boost African export sustainability through a mixture of traditional policy prescriptions and selected proactive interventions.

Download or read book Development Centre Studies Trading Competitively Trade Capacity Building in Sub Saharan Africa written by Bonaglia Federico and published by OECD Publishing. This book was released on 2002-11-13 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents evidence confirming the existence of a wide array of policy options for increasing business competitiveness and reducing dependence on primary commodities in Sub-Saharan Africa.

Download or read book Economic Diversification in Africa written by Imogen Mogotsi and published by African Books Collective. This book was released on 2023-08-29 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Botswana is a major producer of the world’s diamonds and has been a pacesetter for beneficiation in the country. All mineral resources are finite: Botswana is working towards diversifying the economy before the diamonds run out. As one of the most stable and prosperous countries in Africa, Botswana sets an example to follow. This book gives a practical review of topical issues and the roles of government, the private sector, economic institutions and the international community in driving economic diversification. It highlights challenges faced by many small open economies in Africa as they search for new engines of growth.

Download or read book Clothing and Export Diversification Still Aroute to Growth for Low income Countries written by Paul Brenton and published by World Bank Publications. This book was released on with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Export Diversification and Financing of Industrialization of Sub Sahara African Countries written by Antoine Niyungeko and published by . This book was released on 2020-06-23 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scientific Essay from the year 2020 in the subject Economics - Foreign Trade Theory, Trade Policy, language: English, abstract: The purpose of this study is to investigate the direct and indirect effect of foreign direct investment inflows, development assistance, and International Monetary Fund credit to find the most influential in increasing exports. Specifically, the study aims to propose to Sub-Sahara African leaders a new way of financing exports diversification and industrialization.

Download or read book Is Export Diversification the Best Way to Achieve Export Growth and Stability written by Rabia Ali and published by . This book was released on 1991 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Issues and Challenges in Promoting Export Diversification in Africa written by Sylvester U. Ugoh and published by . This book was released on 2004 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: