Author : Mr.Joshua E. Greene
Publisher : International Monetary Fund
ISBN 13 : 1451847564
Total Pages : 50 pages
Book Rating : 4.4/5 (518 download)
Book Synopsis The Export Performance of Sub-Saharan Africa, 1970-19+L69390 by : Mr.Joshua E. Greene
Download or read book The Export Performance of Sub-Saharan Africa, 1970-19+L69390 written by Mr.Joshua E. Greene and published by International Monetary Fund. This book was released on 1992-07-01 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: The export performance of Sub-Saharan Africa has lagged behind that of developing countries in other regions for the past two decades, and total export proceeds have fallen significantly since 1980. Many factors explain this outcome, including continued concentration in slowly-growing non-fuel primary commodities and domestic economic policies that have discouraged new investment that could promote diversification and increased production of traditional crops. Diversification into new agricultural products and light manufactures could boost export earnings, but only if the region can compete successfully with existing producers elsewhere. In most countries this will require major structural reforms to create a more attractive economic environment.