Description |
1 online resource (23 pages) : color illustrations |
Series |
IMF working paper ; WP/14/150 |
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IMF working paper ; WP/14/150.
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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 |
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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 |
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"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
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Exports -- Africa, Eastern
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Economic development
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Exports
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Eastern Africa
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Form |
Electronic book
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Author |
Mauro, Paolo, author.
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Wang, Ke, author
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International Monetary Fund. African Department, issuing body.
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ISBN |
9781498345866 |
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1498345867 |
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