How do new exports emerge in the developing world?: Topic Guide
This guide provides case studies of export diversification in developing countries drawn from different regions, income levels and sizes
Abstract
Export diversification is increasingly seen as key to ensuring that trade remains a robust determinant of growth for Low Income Countries (LICs):
In general, poorer countries that manage to grow also manage to diversify and structurally transform their economy in the process. Export diversification also acts as a hedge against terms of trade shocks – and maintaining stability in exports further contributes to longer term economic growth. In other words, economic growth and structural change tend to depend as much on what a country exports as the volume of its exports.
This guide provides case studies of export diversification in developing countries. The case studies have been drawn from different developing regions, income levels and sizes. Some are well governed, some very corrupt. Some are landlocked, others are coastal or well connected to large markets. One is mineral rich while others have no natural resources to speak of. The case studies also look at different sectors and cover trade in services as well as trade in goods.
Citation
Imani Development. How do new exports emerge in the developing world?: Topic Guide. EPS PEAKS, UK (2017) 71 pp.
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