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Kenya's economy has been running on one engine. Kenya's strong engine is domestic consumption, which accounts for 75 percent of Gross Domestic Product (GDP). Kenya's weak engine remains its exports, which have been declining sharply in relative importance. Kenya's top four main exports do not...
Persistent link: https://www.econbiz.de/10012248045
International trade can promote efficiency, knowledge diffusion, technological progress, and - what ultimately matters most—inclusive growth and poverty reduction. Boosting export competitiveness is inextricably linked with rebuilding the productive sectors of Somalia's economy, generating...
Persistent link: https://www.econbiz.de/10013255507
Persistent link: https://www.econbiz.de/10013478354
For decades, Gambia has served as a regional entrepot, using the river as a transportation link to the hinterland. Relatively low import taxes, well-functioning port and customs services, and limited administrative barriers reinforced Gambia's position as a trading center. About 80 percent of...
Persistent link: https://www.econbiz.de/10012553318
The primary goal of this Diagnostic Trade Integration Study (DTIS) is to provide a plan for reactivating Angola's productive sectors that reduces the country's reliance on imports while enabling the restoration of export capacity in the medium to long term. Executing such a plan will involve...
Persistent link: https://www.econbiz.de/10012553391
Many opportunities for trade of the Mashreq (Iraq, Israel, Jordan, Kuwait, Lebanon and Syria) countries are being lost because of inefficient trade facilitation processes and procedures, and to a lesser extent because of underdeveloped transport infrastructure. Implementation of the Pan Arab...
Persistent link: https://www.econbiz.de/10012557395
The Democratic Republic of Congo (DRC) is the third most populous county in Sub Saharan Africa and has many natural advantages that would enable it to experience rapid sustained economic growth and rapid poverty alleviation. These include rich and diverse natural resources, such as mining and...
Persistent link: https://www.econbiz.de/10012557524
Trade enables countries to import ideas and technologies, realize comparative advantages and economies of scale, and foster competition and innovation, which in turn increases productivity and achieves higher sustainable employment and economic growth. Countries open to international trade tend...
Persistent link: https://www.econbiz.de/10012558035
Across the transition economies, there appears to be a strong and positive association between export market growth and economic growth. Export market growth, for its part, has been closely linked to the larger order trade reorientation towards the European Union (EU). This reorientation, in...
Persistent link: https://www.econbiz.de/10012559314
This book identifies the binding constraints to growth of Morocco. It applies an innovative procedure known as "growth diagnostic" and has a central finding. The Moroccan economy suffers from a too slow process of structural transformation for achieving higher growth, especially for its exports...
Persistent link: https://www.econbiz.de/10012563275