Export Diversification In Low Income Countries And Small States Do Country Size And Income Level Matter PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Export Diversification In Low Income Countries And Small States Do Country Size And Income Level Matter PDF full book. Access full book title Export Diversification In Low Income Countries And Small States Do Country Size And Income Level Matter.
Author | : Dongyeol Lee |
Publisher | : International Monetary Fund |
Total Pages | : 24 |
Release | : 2019-05-24 |
Genre | : Business & Economics |
ISBN | : 1498315658 |
Download Export Diversification in Low-Income Countries and Small States: Do Country Size and Income Level Matter? Book 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.
Author | : Dongyeol Lee |
Publisher | : International Monetary Fund |
Total Pages | : 24 |
Release | : 2019-05-24 |
Genre | : Business & Economics |
ISBN | : 1498317316 |
Download Export Diversification in Low-Income Countries and Small States: Do Country Size and Income Level Matter? Book 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.
Author | : Arnold McIntyre |
Publisher | : International Monetary Fund |
Total Pages | : 23 |
Release | : 2018-04-11 |
Genre | : Business & Economics |
ISBN | : 1484351010 |
Download Economic Benefits of Export Diversification in Small States Book 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.
Author | : Daniel Lederman |
Publisher | : World Bank Publications |
Total Pages | : 153 |
Release | : 2012-06-18 |
Genre | : Business & Economics |
ISBN | : 0821384910 |
Download Does What You Export Matter? Book 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.
Author | : Hites Ahir |
Publisher | : International Monetary Fund |
Total Pages | : 76 |
Release | : 2021-03-24 |
Genre | : Business & Economics |
ISBN | : 1513566601 |
Download Macroeconomic Research in Low-income Countries Book in PDF, ePub and Kindle
Despite strong economic growth since 2000, many low-income countries (LICs) still face numerous macroeconomic challenges, even prior to the COVID-19 pandemic. Despite the deceleration in real GDP growth during the 2008 global financial crisis, LICs on average saw 4.5 percent of real GDP growth during 2000 to 2014, making progress in economic convergence toward higher-income countries. However, the commodity price collapse in 2014–15 hit many commodity-exporting LICs and highlighted their vulnerabilities due to the limited extent of economic diversification. Furthermore, LICs are currently facing a crisis like no other—COVID-19, which requires careful policymaking to save lives and livelihoods in LICs, informed by policy debate and thoughtful research tailored to the COVID-19 situation. There are also other challenges beyond COVID-19, such as climate change, high levels of public debt burdens, and persistent structural issues.
Author | : World Bank Group |
Publisher | : World Bank Publications |
Total Pages | : 270 |
Release | : 2019-07-11 |
Genre | : Business & Economics |
ISBN | : 146481399X |
Download Global Economic Prospects, June 2019 Book in PDF, ePub and Kindle
Global growth appears to be stabilizing after a period of marked weakness, but it remains fragile. A modest recovery in emerging market and developing economies continues to be constrained by subdued investment, which is dampening prospects and impeding progress toward achieving critical development goals. Downside risks to the outlook remain elevated, and policymakers continue to face major challenges to boost resilience and foster long-term growth. this issue includes essays on the benefits and risks of government borrowing, recent investment weakness in emerging market and developing economies, the pass-through of currency depreciations to inflation, and the evolution of growth in low-income countries.
Author | : Andrea Ciani |
Publisher | : World Bank Publications |
Total Pages | : 178 |
Release | : 2020-10-08 |
Genre | : Business & Economics |
ISBN | : 1464815585 |
Download Making It Big Book in PDF, ePub and Kindle
Economic and social progress requires a diverse ecosystem of firms that play complementary roles. Making It Big: Why Developing Countries Need More Large Firms constitutes one of the most up-to-date assessments of how large firms are created in low- and middle-income countries and their role in development. It argues that large firms advance a range of development objectives in ways that other firms do not: large firms are more likely to innovate, export, and offer training and are more likely to adopt international standards of quality, among other contributions. Their particularities are closely associated with productivity advantages and translate into improved outcomes not only for their owners but also for their workers and for smaller enterprises in their value chains. The challenge for economic development, however, is that production does not reach economic scale in low- and middle-income countries. Why are large firms scarcer in developing countries? Drawing on a rare set of data from public and private sources, as well as proprietary data from the International Finance Corporation and case studies, this book shows that large firms are often born large—or with the attributes of largeness. In other words, what is distinct about them is often in place from day one of their operations. To fill the “missing top†? of the firm-size distribution with additional large firms, governments should support the creation of such firms by opening markets to greater competition. In low-income countries, this objective can be achieved through simple policy reorientation, such as breaking oligopolies, removing unnecessary restrictions to international trade and investment, and establishing strong rules to prevent the abuse of market power. Governments should also strive to ensure that private actors have the skills, technology, intelligence, infrastructure, and finance they need to create large ventures. Additionally, they should actively work to spread the benefits from production at scale across the largest possible number of market participants. This book seeks to bring frontier thinking and evidence on the role and origins of large firms to a wide range of readers, including academics, development practitioners and policy makers.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 532 |
Release | : 2019-07-11 |
Genre | : |
ISBN | : 9264429514 |
Download Aid for Trade at a Glance 2019 Economic Diversification and Empowerment Book 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.
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 41 |
Release | : 2016-04-29 |
Genre | : Business & Economics |
ISBN | : 1498345697 |
Download Economic Diversification in Oil-Exporting Arab Countries Book in PDF, ePub and Kindle
countries face similar challenges to create jobs and foster more inclusive growth. The current environment of likely durable low oil prices has exacerbated these challenges. The non-oil private sector remains relatively small and, consequently, has been only a limited source of growth and employment. Because oil is an exhaustible resource, new sectors need to be developed so they can take over as the oil and gas industry dwindles. Over-reliance on oil also exacerbates macroeconomic volatility. Greater economic diversification would unlock job-creating growth, increase resilience to oil price volatility and improve prospects for future generations. Macro-economic stability and supportive regulatory and institutional frameworks are key prerequisites for economic diversification...
Author | : Rahul Giri |
Publisher | : International Monetary Fund |
Total Pages | : 29 |
Release | : 2019-05-14 |
Genre | : Business & Economics |
ISBN | : 1498315453 |
Download Understanding Export Diversification: Key Drivers and Policy Implications Book in PDF, ePub and Kindle
We identify key factors, from large set of potential determinants, that explain the variation in export diversification across countries and over time using Bayesian Model Averaging (BMA), which addresses model uncertainty and ranks factors in order of importance vis-a-vis their explanatory power. Our analysis suggests, in order to diversify, policy makers should prioritize human capital accumulation and reduce barriers to trade. Other policy areas include improving quality of institutions and developing the financial sector. For commodity exporters reducing barriers to trade is the most important driver of diversification, followed by improving education outcomes at the secondary level and financial sector development.