Is Export Led Growth Hypothesis Still Valid For Sub Saharan African Countries
Download Is Export Led Growth Hypothesis Still Valid For Sub Saharan African Countries full books in PDF, epub, and Kindle. Read online free Is Export Led Growth Hypothesis Still Valid For Sub Saharan African Countries ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
| Author | : Emilio J. Medina-Smith |
| Publisher | : United Nations Conference on Trade and Development |
| Total Pages | : 64 |
| Release | : 2001 |
| Genre | : Business & Economics |
| ISBN | : |
The export-led growth hypothesis (ELGH) postulates that export growth is one of the determinants of economic growth. This study tests the hypothesis by examining the economy of Costa Rica, using data going back to 1950. It found that although exports had a positive effect on growth, their impact was relatively. It thus challenges some of the empirical literature on ELGH and expresses doubts about using exports as a comprehensive development strategy.
| Author | : Mr.Dhaneshwar Ghura |
| Publisher | : International Monetary Fund |
| Total Pages | : 32 |
| Release | : 1995-12-01 |
| Genre | : Business & Economics |
| ISBN | : 1451855753 |
The paper investigates empirically the determinants of economic growth for a large sample of sub-Saharan African countries during 1981-92. The results indicate that (i) an increase in private investment has a relatively large positive impact on per capita growth; (ii) growth is stimulated by public policies that lower the budget deficit in relation to GDP (without reducing government investment), reduce the rate of inflation, maintain external competitiveness, promote structural reforms, encourage human capital development, and slow population growth; and (iii) convergence of per capita income occurs after controlling for human capital development and public policies.
| Author | : Daniel Lederman |
| Publisher | : World Bank Publications |
| Total Pages | : 153 |
| Release | : 2012-06-18 |
| Genre | : Business & Economics |
| ISBN | : 0821384910 |
Does what economies export matter for development? If so, can industrial policies improve on the export basket generated by the market? This book approaches these questions from a variety of conceptual and policy viewpoints. Reviewing the theoretical arguments in favor of industrial policies, the authors first ask whether existing indicators allow policy makers to identify growth-promoting sectors with confidence. To this end, they assess, and ultimately cast doubt upon, the reliability of many popular indicators advocated by proponents of industrial policy. Second, and central to their critique, the authors document extraordinary differences in the performance of countries exporting seemingly identical products, be they natural resources or 'high-tech' goods. Further, they argue that globalization has so fragmented the production process that even talking about exported goods as opposed to tasks may be misleading. Reviewing evidence from history and from around the world, the authors conclude that policy makers should focus less on what is produced, and more on how it is produced. They analyze alternative approaches to picking winners but conclude by favoring 'horizontal-ish' policies--for instance, those that build human capital or foment innovation in existing and future products—that only incidentally favor some sectors over others.
| Author | : Yaye Sakho |
| Publisher | : World Bank Publications |
| Total Pages | : 166 |
| Release | : 2009-07-20 |
| Genre | : Business & Economics |
| ISBN | : 0821380222 |
The government of Bolivia seeks to reinvigorate the nontraditional export sector as part of its national development strategy. This Country Study investigates the role that trade should play in Bolivia s development strategy, given the country s rich resource endowment, and examines the lessons of Bolivia s integration into the global economy. Considering the past links between trade and Bolivia s economy, the study analyzes the impact of different scenarios on growth, employment, trade flows, and poverty; it also evaluates barriers to higher export competitiveness and constraints on exporting firms. The study concludes that preferential access to world markets is necessary but not sufficient for success in nontraditional exports. Efficient services are necessary to reduce exporters costs, and the government should be more proactive in laying the foundation for export diversification, increasing the effectiveness of institutions, and addressing impediments to crossborder trade.
| Author | : Gershon Feder |
| Publisher | : World Bank Publications |
| Total Pages | : 24 |
| Release | : 1982 |
| Genre | : Commerce |
| ISBN | : 9780686397656 |
| Author | : |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 1978 |
| Genre | : |
| ISBN | : |
| Author | : Renuka Mahadevan |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 248 |
| Release | : 2007-01-01 |
| Genre | : Business & Economics |
| ISBN | : 9781782542216 |
'The greatest advantage of this book is that the analyses are undertaken from the viewpoint of standard economics, not that of political economy. . . this book is valuable for readers who wish to analyze the Malaysian economy from the viewpoint of standard economics. The book provides full data concerning every field of the Malysian economy, from macroeconomic indices to those of labor, education, and so on, the analyses using standard techniques in econometrics and concise reviews of related policies. In particular, the analyses identifying the factors of the past high growth of the Malaysian economy in the first half of the book are very informative and are outstanding among the literature in this field. . . the book contains valuable analyses of Malaysia which accurately reflect the title. This book is suitable for economists who are newcomers to the Malaysian economy, and is also recommended for specialists on the Malaysian economy, who may be bogged down in the depths of the Malaysian political economy and wish to refresh their brains by seeing this "unique" country analyzed in the same manner as other "ordinary" countries.' - Satoru Kumagai, The Developing Economies
| Author | : P. Thandika Mkandawire |
| Publisher | : IDRC |
| Total Pages | : 192 |
| Release | : 2014-05-14 |
| Genre | : Political Science |
| ISBN | : 155250204X |
Our Continent, Our Future presents the emerging African perspective on this complex issue. The authors use as background their own extensive experience and a collection of 30 individual studies, 25 of which were from African economists, to summarize this African perspective and articulate a path for the future. They underscore the need to be sensitive to each country's unique history and current condition. They argue for a broader policy agenda and for a much more active role for the state within what is largely a market economy. Finally, they stress that Africa must, and can, compete in an increasingly globalized world and, perhaps most importantly, that Africans must assume the leading role in defining the continent's development agenda.
| Author | : National Bureau of Economic Research |
| Publisher | : |
| Total Pages | : 250 |
| Release | : 1977 |
| Genre | : International economic relations |
| ISBN | : |
| Author | : Francis K. Mbroh |
| Publisher | : Routledge |
| Total Pages | : 172 |
| Release | : 2021-07-11 |
| Genre | : Business & Economics |
| ISBN | : 1000409791 |
Within the theoretical framework of the trade-growth and structural transformation-growth nexuses, the book examines the evolution of African (goods and service) trade in terms of value and share of global commerce relative to other regions during the period 1948–2017. It also identifies and discusses discernible changes in the composition and structure of African exports and imports between 1995 and 2015 and their implications for economic development in Africa. The study attributes Africa's laggard trade performance during the period primarily to sub-optimal macroeconomic policies and lack of bold export development policies and initiatives, among other factors. It also offers an incisive discussion of several inhibitions to the structural transformation of African exports and imports, including lack of finance, globalization, tariff, and non-tariff measures in global markets. The discussion of the evolution of African trade during the period 1948–2017 based on statistics and publications of international organizations, including the UNCTAD, the World Bank, and the African Development Bank, among others, is the first of its kind in terms of scope and depth of review of African trade. The analyses of cross-border trade during 1948–2017 and their implications for Africa’s economic development prospects constitute a useful reference material for academics and students of African and development studies and African and international policymakers.
