Patterns Of Export Diversification In Developing Countries
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Patterns Of Export Diversification In Developing Countries
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Author : Alberto Amurgo-Pacheco
language : en
Publisher: World Bank Publications
Release Date :
Patterns Of Export Diversification In Developing Countries written by Alberto Amurgo-Pacheco and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
Patterns Of Export Diversification In Developing Countries
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Author : Alberto Amurgo-Pacheco
language : en
Publisher: World Bank Publications
Release Date :
Patterns Of Export Diversification In Developing Countries written by Alberto Amurgo-Pacheco and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
Patterns Of Export Diversification In Developing Countries
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Author : Alberto Amurgo-Pacheco
language : en
Publisher:
Release Date : 2016
Patterns Of Export Diversification In Developing Countries written by Alberto Amurgo-Pacheco and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
This paper uses highly disaggregated trade data to investigate geographic and product diversification patterns across a group of developing nations for the period from 1990 to 2005. The econometric investigation shows that the gravity equation fits the observed differences in diversification across nations. The analysis shows that exports at the intensive margin account for the most important share of overall trade growth. At the extensive margin, geographic diversification is more important than product diversification, especially for developing countries. Taking part in free trade agreements, thereby reducing trade costs, and trading with countries in the North are also found to have positive impacts on export diversification for developing countries.
Exporting Services
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Author : Arti Grover Goswami
language : en
Publisher: World Bank Publications
Release Date : 2011-11-15
Exporting Services written by Arti Grover Goswami and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-11-15 with Business & Economics categories.
Through country case studies as well as econometric analysis, this book attempts to identify the factors that have helped developing countries succeed in exporting services. It examines strategies that have been successful as well as those that have not delivered expected results..
Aid For Trade At A Glance 2019economic Diversification And Empowerment
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Author : World Tourism Organization
language : en
Publisher:
Release Date : 2019-09-17
Aid For Trade At A Glance 2019economic Diversification And Empowerment written by World Tourism Organization and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-09-17 with Political Science categories.
Aid for Trade at a Glance 2019 analyses how trade can contribute to economic diversification andempowerment, with a focus on eliminating extreme poverty, particularly through the effectiveparticipation of women and youth, and how Aid for Trade can contribute to those at objectives byaddressing supply-side capacity and trade-related infrastructure constraints, including for Micro,Small and Medium-sized Enterprises notably in rural areas. The analysis is based on the views 133 respondents - of which 88 are developing countries 35 donors, 5 providers of South-South trade-related support and 5 regional organization - who participated in the 2019 aid-for-trade monitoring and evaluation exercise. They share the view that economic diversification is a gateway for economic empowerment, but also that empowerment is essential for economic diversification particularly when it enables youth, women and micro, small and medium sized enterprises (MSMEs) to engage in international trade.
Economic Diversification In Developing Countries
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Author : Ms. Corinne C Delechat
language : en
Publisher: International Monetary Fund
Release Date : 2024-07-30
Economic Diversification In Developing Countries written by Ms. Corinne C Delechat and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-07-30 with Business & Economics categories.
This paper examines the significance and impact of broad-based and industrial policies on economic diversification in developing economies, supported by a literature review, case studies, and IMF analyses. Economic diversification entails shifting from traditional sectors, like agriculture and mining, to a variety of high-quality services and sectors. This transition is crucial for adapting to global market fluctuations and promoting sustainable growth and improved living standards. A literature review, including many IMF contributions, reveals a strong correlation between economic diversification and improved macroeconomic performance in developing countries, such as faster economic growth and higher incomes per capita. Factors influencing economic diversification include macroeconomic stability, infrastructure quality, workforce skills, credit access, regulatory environment, and income equality. Six case studies highlight the experiences of Costa Rica, Gabon, Georgia, India, Senegal, and Vietnam, demonstrating that successful diversification strategies require a long-term commitment and effective broad-based policies. Industrial policies can support diversification by addressing market failures, but they must be well-designed and effectively implemented. Common lessons include the necessity of maintaining macroeconomic stability, investing in human capital, and fostering competition. Sector-specific mechanisms like Special Economic Zones should be used cautiously, emphasizing underlying bottlenecks and minimizing fiscal costs. Country-specific insights include Costa Rica's strategic policy shift towards export orientation, Gabon's reduced dependence on oil, Georgia's market-friendly policies, India's skilled labor and software clusters, Senegal's infrastructure and business environment improvements, and Vietnam's transition from an agrarian to an industrial economy. The IMF's engagement in diversification emphasizes improving human capital, infrastructure, reducing trade barriers, and promoting international trade integration. Policymakers, researchers, and international organizations increasingly recognize the importance of economic diversification for resilient, sustainable, and inclusive growth, requiring nuanced policy interventions tailored to each country's context and capabilities.
Breaking Into New Markets
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Author : Richard Newfarmer
language : en
Publisher: World Bank Publications
Release Date : 2009-03-12
Breaking Into New Markets written by Richard Newfarmer and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-03-12 with Political Science categories.
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.
Export Instability And Policy Implications For Developing Countries
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1990-05-01
Export Instability And Policy Implications For Developing Countries written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990-05-01 with Business & Economics categories.
A study by the author published in 1988 proposed the hypothesis that export instability depends upon the level of industrialization of the exporting country and the position of exports in the product cycle (growth or mature products). This paper provides further empirical evidence in support of the hypothesis. The paper discusses the significance of the empirical findings, explains why diversification has increased export instability in many developing countries, and discusses the policy implications of the findings. The paper also analyzes the effects of data aggregation on empirical results and suggests topics for future research.
Decomposition Of Export Growth Into Diversification Patterns
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Author : Kerfalla Conte
language : en
Publisher: GRIN Verlag
Release Date : 2011-12
Decomposition Of Export Growth Into Diversification Patterns written by Kerfalla Conte and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-12 with Business & Economics categories.
Research Paper (postgraduate) from the year 2010 in the subject Business economics - Trade and Distribution, course: Technical-paper/ Private research, language: English, abstract: This paper explores the extent to which products and product-markets diversifications contribute to export growth. It has used the bilateral trade at a very detailed level across countries, between 1996 and 2008. The results suggest that the export growth comes mainly from the intensive margin, i.e. product lines that had been already exported to the existing established trading partners. The decline in export, either due to the fall or the extinction in the existing established trade relationships, occurs more substantially on export growth for developed countries than for developing countries. And the appearance of new exports (extensive margin), either new products or markets, represents a vital source in export earnings for the developing countries, especially for the least developed countries (LDCs).
Watching More Than The Discovery Channel Export Cycles And Diversification In Development
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Author : Paul Brenton
language : en
Publisher: World Bank Publications
Release Date :
Watching More Than The Discovery Channel Export Cycles And Diversification In Development written by Paul Brenton and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.