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Breaking Into New Markets
International trade in 2009 is projected to contract for the first time since 1982. As a result, export diversifi cation has gained new urgency as one way of using exports to recover lost growth momentum. Moreover, diversifi cation is central to reducing income volatility and sustaining high growth rates, which are especially important for countries with large populations living in poverty. In the 1950s, countries became concerned that their dependence on primary products would lead to steady falls in the purchasing power of primary exports and thus slow growth. A major policy objective of developing countries since that time has been to diversify out of primary products into manufactures. A...
Industries Without Smokestacks
A study prepared by the United Nations University World Institute for Development Economics Research (UNU-WIDER)
Trade in Zimbabwe
In Zimbabwe, trade has been a driver of economic growth, rising incomes, and progressive empowerment of Zimbabweans through rising standards of living and the promise of better jobs. Since 1980, through good years and bad years, increases in exports have been positively associated with increases in national income. Zimbabwe's location and resource base, together with a low-cost but relatively well educated labor force, have endowed it with a naturally high trade ratio built on a diversified base that facilitates using trade as an engine of growth. While trade volumes have rebounded smartly from the deep recession of 2007-2008, these do not offset other worrisome longer-term trends: • Expor...
Industries Without Smokestacks
Although manufacturing has played an important role in the growth of developing countries, Africa has lagged in this industry. This text argues that activities sharing the characteristics of manufacturing, including tourism and ICT, are beginning to play an important role in Africa, offering new opportunities for growth in coming decades.
Profits, Progress, and Poverty
Case studies of multinational enterprises in Latin America, especially the economic implications for economic development - discusses foreign investment, industrial structure, market access, etc. And their reinforcement of economic disparities, with reference to the tobacco industry, the electrical industry, the iron and steel industry, the motor vehicle industry, the tire industry (rubber industry), the pharmaceutical industry, the tractor industry, and the (food processing) food industry. Bibliography, statistical tables.
