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Book Cover
E-book
Author Gigineishvili, Nikoloz, author.

Title How solid Is economic growth in the East African community? / Nikoloz Gigineishvili, Paolo Mauro, and Ke Wang
Published [Washington, D.C.] : International Monetary Fund, ©2014

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Description 1 online resource (23 pages) : color illustrations
Series IMF working paper ; WP/14/150
IMF working paper ; WP/14/150.
Contents Cover; Content; I. Introduction; II. Overall Growth Performance and Reversion to the Mean; Figures; 1. Real GDP Growth Rates; 2. Average Real Growth Rate; 3. Electricity Consumption; 4. Health Outcomes; 5. Fiscal Revenues and Private Sector Credit; III. Structural Transformation, Diversification, and Rising Sophistication; 6. Frequency Distribution of Economic Growth Rates; 7. Average Output by Sectors, 1970-2010; 8. Sector Shares and Changes, 2000 vs. 2010; 9. Exports, 1990-2010; 10. Partner Diversification; 11. Structure of Exports; 12. Export Product Diversification
13. Number of Export Products14. Sophistication Index, 1990 vs. 2010; 15. Quality of Top Ten Products (four-digit level); IV. Summary and Conclusions; Appendix; Methodology and Data; Appendix Figures; A1. Changes in Composition of Output by Sector, Individual Countries; A2. Changes in Sectoral Structure of Exports, Individual Countries; References
Summary Is rapid economic growth experienced by the East African Community during the past decade built on solid foundations? To gain some clues, we use a variety of newly-collected and existing data sources to analyze the structural transformation of output and exports, as well as indicators of their quality and sophistication. The move from agriculture to a wide range of other sectors--bodes well for continued growth, as do gradual improvements in quality. Yet, no clear winners on the production side seem to have emerged, to embed a durable comparative advantage in international markets. These observations may instill a note of caution against projecting rapid growth into the distant future. --Abstract
Notes "August 2014"--Page 2 of pdf
"African Department"--Page 2 of pdf
Bibliography Includes bibliographical references
Notes Online resource; title from pdf title page (IMF.org Web site, viewed on August 12, 2014)
Subject Economic development -- Africa, Eastern
Exports -- Africa, Eastern
Economic development
Exports
Eastern Africa
Form Electronic book
Author Mauro, Paolo, author.
Wang, Ke, author
International Monetary Fund. African Department, issuing body.
ISBN 9781498345866
1498345867