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Title Breaking into new markets : emerging lessons for export diversification / Richard Newfarmer, William Shaw, and Peter Walkenhorst, editors
Published Washington, D.C. : World Bank, ©2009

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Description 1 online resource (xxiii, 265 pages) : illustrations
Series World Bank e-Library.
Contents Breaking into new markets : overview / Paul Brenton [and others] -- Trade structure and growth / Daniel Lederman and William F. Maloney -- Export diversification and economic growth / Heiko Hesse -- Exposure to external shocks and the geographical diversification of exports / Marc Bacchetta [and others] -- Diversification, innovation, and imitation off the global technological frontier / Bailey Klinger and Daniel Lederman -- Watching more than the Discovery channel to diversify exports / Paul Brenton and Richard Newfarmer -- The life and death of trade flows : understanding the survival rates of developing-country exporters / Paul Brenton [and others] -- Promoting new exports : experience from the Middle East and north Africa / Claudia Nassif -- Exporting services / Aaditya Mattoo -- Tourism as a strategy to diversify exports : lessons from Mauritius / Olivier Cattaneo -- Fostering productive diversification through tourism / Iza Lejárraga and Peter Walkenhorst -- Export promotion agencies : strategies and impacts / Daniel Lederman, Marcelo Olarreaga, and Lucy Payton -- Special economic zones and economic diversification : some evidence from south Asia / Aradhna Aggarwal, Mombert Hoppe, and Peter Walkenhorst -- Infrastructure and diversifying through better products / Torfinn Harding
Summary This book takes a fresh look at export diversification. It concludes that much of the recent literature, though novel, has focused excessively on simply adding new products to export portfolios. One branch of these studies centers on the 'discovery' of exports, and it argues that the threat of entry (imitation) leads to an underinvestment in bringing new products to the global market. Another analytical branch focuses on changing the contents of an export portfolio to mirror the exports of countries with higher incomes on the grounds that these lead to higher productivity. Both strands implicitly point to the need for careful yet active government policies. While such policies are important, this book argues for a more comprehensive view of diversification and hence a more comprehensive trade policy strategy-one that takes into account improving the quality of existing exports, breaking into new geographic markets, and increasing services exports. This publication has been tailored to policy makers, their staffs, and the international development community at large. It is a collection of short articles that summarize major issues and policies on particular topics. Many of the chapters are digests of more formal studies but are presented here with a minimum of underlying econometric and theoretical detail of less interest to policy makers. As the World Bank increases its efforts on 'aid for trade, ' Staff are working with countries to help diversify their exports. Along with other development partners, the Bank is providing enhanced assistance to improve competitiveness, facilitate trade, improve trade-related services, and exploit regional and multilateral initiatives to open markets for developing countries. This book makes a substantial contribution to the efforts of developing countries to use the global economy to spur growth and reduce poverty
Bibliography Includes bibliographical references and index
Notes Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL
English
Print version record
digitized 2011 HathiTrust Digital Library committed to preserve pda MiAaHDL
Subject Exports -- Developing countries
Forergn trade promotion -- Developing countries
Diversification in industry -- Developing countries
BUSINESS & ECONOMICS -- International -- Marketing.
BUSINESS & ECONOMICS -- Marketing -- Multilevel.
BUSINESS & ECONOMICS -- Exports & Imports.
Diversification in industry
Exports
Exportdiversifikation
Handelspolitik
Developing countries
Entwicklungsländer
Form Electronic book
Author Newfarmer, Richard S.
Shaw, William, 1953-
Walkenhorst, Peter.
LC no. 2009005195
ISBN 9780821376386
0821376381