|Statement||by Moses Tekere.|
|Series||Trade & development studies issue ;, no. 27, Trade & development studies issues ;, 27.|
|The Physical Object|
|Pagination||24 p. ;|
|Number of Pages||24|
|LC Control Number||2004411122|
EXPORT-LED GROWTH STRATEGY: TOOL FOR ECONOMIC DEVELOPMENT IN INDIA. Fig. 2. Contribution Of Oil Export To Total Export Export-led growth is a development strategy aimed at growing productive capacity by focusing on international markets. This is part of consensus among economists about the gains of economic openness that took hold in the s, which rests on a . (). Development Strategy and Export-Led Growth: Lessons Learned from Taiwan's Experience. The Journal of Development Studies: Vol. 45, No. 7, pp. Cited by: 4. of the export-led growth hypothesis (ELGH) contend that Latin American countries which pursued inward- oriented policies under the IS strategy had underperformed. Several recorded no growth on.
As a result, many developing countries are likely to persist with strategies of export-led growth, although their nature will change. a. A. In the midst of the global financial crisis, an article in Foreign Affairs claimed that “the era of export-led growth is over in its current form” (Klein and Cukier ). True enough, the open economy. The strategy of export-led growth considers exports an additional or alternative source of demand, which would initiate accelerated domestic economy. Hence, the strategy lays stress on export expansion. The essence of the strategy is that it provides a bias to the economy towards exports. A nation pursuing export-led growth seeks to expand its economy by producing goods for sale overseas. Successfully executed, this strategy generates a flow of money from abroad that the country can then use to strengthen its domestic economy and raise living standards. While this strategy has helped some nations. Countries that rely on trade imbalances for growth tend to do so at the behest of their governments which typically engage in currency manipulation, government-sponsored capital investment, and policies promoting domestic manufacturing. Though the.
Product-Led Growth: How to Build a Product That Sells Itself - Kindle edition by Bush, Wes. Download it once and read it on your Kindle device, PC, phones or tablets. Use features like bookmarks, note taking and highlighting while reading Product-Led Growth: How to Build a Product That Sells s: The Export-Led Growth (ELG) strategy contrasted with the Import Substitution Industrialization (ISI) strategy has often been cited as the main reason for observed. Import substitution strategies were conducted most nations in Latin America from the s until the late s. Over the period, , the total demand in manufacturing was growth significantly [Ray, () p]. however when the world economy went into recession in the s and s, Latin America went into worst economic crisis because of its foreign debt and it also changed its. Overall, export-led growth has been important for many countries. The challenge is to make ensure that a country is exporting a sufficiently diverse range of products (e.g. to avoid some of the risks from primary product dependency) and also that the benefits from increased exports and growth are widely dispersed across the population.