English, Article, Journal or magazine article edition: Export Diversification in Low-Income Countries: An International Challenge After Doha Federico Bonaglia; Kiichiro Fukasaku

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Bookmark: http://trove.nla.gov.au/version/86339
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Export Diversification in Low-Income Countries: An International Challenge After Doha
Author
  • Federico Bonaglia
  • Kiichiro Fukasaku
Physical Description
  • preprint
Notes
  • This paper discusses major policy issues related to commodity dependence and export diversification in low-income countries. Contrary to some widely-held view, it argues that natural resources are not necessarily a ‘curse’ that condemns low-income countries to underdevelopment but can provide a basis for sustained export-led growth. Natural resource-based sectors have potential for export diversification. The OECD ‘mirror’ trade data indeed suggest that many different routes to diversification exist, including resource-based manufacturing and processing of primary products. However, these opportunities are far from being exploited in many low-income countries. This is because export diversification is typically a slow process, and this process needs to be sustained by an appropriate and coherent strategy, characterised by a combination of vision, co-ordination and management of conflicting interests. Moreover, the analysis of trade support services in two African countries points to a mismatch between private sector’s needs and services actually provided and to a limited institutional development of the trade and investment support network. The lessons for trade capacity building are important for Africa but are also relevant for other low-income countries.
  • export diversification, resource curse, Doha development agenda, trade capacity building, trade support services
  • RePEc:wpa:wuwpdc:0307001
  • This paper discusses major policy issues related to commodity dependence and export diversification in low-income countries. Contrary to some widely-held view, it argues that natural resources are not necessarily a “curse” — that they do not condemn low-income countries to underdevelopment but can provide rather a basis for sustained export-led growth. Natural resource-based sectors have potential for export diversification. The OECD “mirror” trade data suggest that many different routes to diversification exist, including resource-based manufacturing and processing of primary products. However, these opportunities are not being exploited in many low-income countries. This is because export diversification is typically a slow process, and this process needs to be sustained by an appropriate and coherent strategy, characterised by a combination of vision, co-ordination and management of conflicting interests. Moreover, the analysis of trade support services in two African countries ... Les principaux problèmes liés à la dépendance vis-à-vis des produits de base et à la diversification des exportations dans les pays à faibles revenus sont abordés dans ce Document technique. Contrairement à une opinion largement répandue, les ressources naturelles ne sont pas nécessairement une “tare” — elles ne condamnent pas les pays pauvres au sous-développement, mais peuvent au contraire constituer la base d’une croissance durable tirée par les exportations. Les secteurs liés aux ressources naturelles disposent d’un potentiel de diversification à l’exportation. Il ressort des données sur les échanges de l’OCDE que les voies de la diversification sont nombreuses et variées, notamment les activités de transformation des produits primaires et les activités manufacturières à base de ressources naturelles. Toutefois, ces possibilités ne sont pas exploitées dans de nombreux pays à faibles revenus. En effet, la diversification des exportations est un processus lent, qui doit être ...
  • RePEc:oec:devaaa:209-en
Language
  • English
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