Economic Benefits of Export Diversification in Small States - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Economic Benefits of Export Diversification in Small States write by Arnold McIntyre. This book was released on 2018-04-11. Economic Benefits of Export Diversification in Small States available in PDF, EPUB and Kindle. The paper considers concepts of economic diversification with respect to exports (including service sectors) for small states. We assessed the economic performance of different groups of 34 small states over the period of 1990-2015 and found those more diversified experienced lower output volatility and higher average growth than most other small states. Our findings are consistent with conventional economic theories but we found that export diversification has a more significant impact on reducing output volatility than improving long run growth in small states. Diversification requires fundamental changes and should be contemplated in the context of a cohesive development strategy.
Export Diversification in Low-Income Countries and Small States: Do Country Size and Income Level Matter?
Export Diversification in Low-Income Countries and Small States: Do Country Size and Income Level Matter? - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Export Diversification in Low-Income Countries and Small States: Do Country Size and Income Level Matter? write by Dongyeol Lee. This book was released on 2019-05-24. Export Diversification in Low-Income Countries and Small States: Do Country Size and Income Level Matter? available in PDF, EPUB and Kindle. Export structure is less diversified in low-income countries (LICs) and especially small states that face resource constraints and small economic size. This paper explores the potential linkages between export structure and economic growth and its volatility in LICs and small states, using a range of indices of export concentration differing in the coverage of industries. The empirical analysis finds that export diversification may promote economic growth and reduce economic volatility in these countries. Furthermore, the analysis demonstrates that the economic benefits of export diversification differ by country size and income level—there are bigger benefits for relatively larger and poorer countries within the group of LICs and small states.
Aid for Trade at a Glance 2019 Economic Diversification and Empowerment
Aid for Trade at a Glance 2019 Economic Diversification and Empowerment - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Aid for Trade at a Glance 2019 Economic Diversification and Empowerment write by OECD. This book was released on 2019-07-11. Aid for Trade at a Glance 2019 Economic Diversification and Empowerment available in PDF, EPUB and Kindle. This edition analyses how trade can contribute to economic diversification and empowerment, with a focus on eliminating extreme poverty, particularly through the effective participation of women and youth. It shows how aid for trade can contribute to that objective by addressing supply-side capacity and trade-related infrastructure constraints, including for micro-, small- and medium-sized enterprises notably in rural areas.
Does What You Export Matter?
Does What You Export Matter? - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Does What You Export Matter? write by Daniel Lederman. This book was released on 2012-06-18. Does What You Export Matter? available in PDF, EPUB and Kindle. 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.
Chile: A Role Model of Export Diversification Policies?
Chile: A Role Model of Export Diversification Policies? - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Chile: A Role Model of Export Diversification Policies? write by Mr. Gonzalo Salinas. This book was released on 2021-05-27. Chile: A Role Model of Export Diversification Policies? available in PDF, EPUB and Kindle. Largely because of its vast copper reserves, Chile’s exports are highly concentrated on this low complexity product and this is often cited as a major drawback of its economic policy framework. However, its exogenous copper abundance conceals the country’s success in developing non-mineral and complex exports. This achievement is remarkable considering its remoteness from the large international economic centers, which limits its integration to global value chains. As suggested in this paper, this accomplishment reflects Chile’s strength in policy areas that foster non-mineral exports (including complex exports), making the country a role model in export diversification and complexity policies among emerging market countries.
