Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451974531
Category : Business & Economics
Languages : en
Pages : 28
Book Description
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.
Export Instability and Policy Implications for Developing Countries
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451974531
Category : Business & Economics
Languages : en
Pages : 28
Book Description
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.
Publisher: International Monetary Fund
ISBN: 1451974531
Category : Business & Economics
Languages : en
Pages : 28
Book Description
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.
Export Instability and Policy Implications for Developing Countries as Residual Supplies
Export Instability and Policy Implications for Developing Countries as Residual Suppliers
Author: Alicia Mullor-Sebastian
Publisher:
ISBN:
Category : Commerce extérieur - Promotion
Languages : en
Pages : 23
Book Description
Publisher:
ISBN:
Category : Commerce extérieur - Promotion
Languages : en
Pages : 23
Book Description
Export Instability and Economic Development
Author: Alasdair Macbean
Publisher: Routledge
ISBN: 1136877665
Category : Business & Economics
Languages : en
Pages : 370
Book Description
When this work was first published in 1966, there was much interest in various types of commodity agreements and compensatory financing as methods of reducing the effects of export fluctuations on the economies of developing countries. The book concluded that short term fluctuations in export earnings, though perhaps important for some countries, did not appear to be the general problem that had been assumed. If correct, it would suggest that any measures should be carefully designed to fit the situations of countries that were affected and be subjected to cost-benefit analysis. This led to many published and unpublished studies on the issues: some supported, others contradicted the book’s conclusions. The data available now are vastly greater and probably more accurate than pre-1966. However, the work and the issues it raised remain important because most schemes proposed to reduce export instability would be costly and likely to divert resources from uses more obviously aimed at raising economic development in most developing countries.
Publisher: Routledge
ISBN: 1136877665
Category : Business & Economics
Languages : en
Pages : 370
Book Description
When this work was first published in 1966, there was much interest in various types of commodity agreements and compensatory financing as methods of reducing the effects of export fluctuations on the economies of developing countries. The book concluded that short term fluctuations in export earnings, though perhaps important for some countries, did not appear to be the general problem that had been assumed. If correct, it would suggest that any measures should be carefully designed to fit the situations of countries that were affected and be subjected to cost-benefit analysis. This led to many published and unpublished studies on the issues: some supported, others contradicted the book’s conclusions. The data available now are vastly greater and probably more accurate than pre-1966. However, the work and the issues it raised remain important because most schemes proposed to reduce export instability would be costly and likely to divert resources from uses more obviously aimed at raising economic development in most developing countries.
A New Approach to the Relationship between Export Instability and Economic Development
Author: Alicia Mullor-Sebastian
Publisher:
ISBN:
Category :
Languages : en
Pages : 30
Book Description
This paper proposes a hypothesis to explain export instability in terms of the life cycle of products and the degree of industrialization of the exporting country. The hypothesis, which challenges commonly held assumptions, is tested using two groups of products. The results of the study have important policy implications. They suggest that the usual recommendation to developing countries to diversify their exports may be based on invalid assumptions; provide an explanation for the unexpected finding that export diversification has often increased export instability in developing countries; and suggest how export diversification in developing countries should proceed to achieve stability.
Publisher:
ISBN:
Category :
Languages : en
Pages : 30
Book Description
This paper proposes a hypothesis to explain export instability in terms of the life cycle of products and the degree of industrialization of the exporting country. The hypothesis, which challenges commonly held assumptions, is tested using two groups of products. The results of the study have important policy implications. They suggest that the usual recommendation to developing countries to diversify their exports may be based on invalid assumptions; provide an explanation for the unexpected finding that export diversification has often increased export instability in developing countries; and suggest how export diversification in developing countries should proceed to achieve stability.
The Dangers of Export Pessimism
Author: Helen Hughes
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 842
Book Description
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 842
Book Description
Trade and Poor Economies
Author: John Toye
Publisher: Routledge
ISBN: 113578079X
Category : Business & Economics
Languages : en
Pages : 178
Book Description
First Published in 1979. Development economists, when they discuss the role played by international trade in a country’s economic development, tend to tell one of three types of story. The first shows how the welfare of both (and by easy extension, all) countries which engage in trade is increased, even when one country is absolutely very rich and the other is absolutely very poor. The second, is a dull and detailed story about the way in which differences in economic structure between countries bias the gains from trade in favour of the rich, technologically advanced and industrialised economies and against the poor, low-technology agricultural economies. The third story asserts that trade and economic specialisation have actually caused the underdevelopment of the periphery of the world by the very same processes that have developed the capitalist metropolis. This volume brings together nine pieces of work that look trade and the poor economies of Ghana, Nigeria, Mexico, Brazil, Central America, Jute stocks and Third World Trade Trends and prospects.
Publisher: Routledge
ISBN: 113578079X
Category : Business & Economics
Languages : en
Pages : 178
Book Description
First Published in 1979. Development economists, when they discuss the role played by international trade in a country’s economic development, tend to tell one of three types of story. The first shows how the welfare of both (and by easy extension, all) countries which engage in trade is increased, even when one country is absolutely very rich and the other is absolutely very poor. The second, is a dull and detailed story about the way in which differences in economic structure between countries bias the gains from trade in favour of the rich, technologically advanced and industrialised economies and against the poor, low-technology agricultural economies. The third story asserts that trade and economic specialisation have actually caused the underdevelopment of the periphery of the world by the very same processes that have developed the capitalist metropolis. This volume brings together nine pieces of work that look trade and the poor economies of Ghana, Nigeria, Mexico, Brazil, Central America, Jute stocks and Third World Trade Trends and prospects.
Trade Instability and Economic Development
Author: Odin Knudsen
Publisher:
ISBN:
Category : Commerce
Languages : en
Pages : 168
Book Description
Publisher:
ISBN:
Category : Commerce
Languages : en
Pages : 168
Book Description
Economic Benefits of Export Diversification in Small States
Author: Arnold McIntyre
Publisher: International Monetary Fund
ISBN: 1484351010
Category : Business & Economics
Languages : en
Pages : 23
Book Description
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.
Publisher: International Monetary Fund
ISBN: 1484351010
Category : Business & Economics
Languages : en
Pages : 23
Book Description
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.