The export diversification and quality database was developed by imf staff under an imf-dfid research collaboration the export diversification database has three main indicators: the export diversification index, the extensive margin, and the intensive margin.
Vera songwe and deborah winkler examine the effects of exports and export diversification on growth and the policy implications for post-crisis export strategies in sub-saharan africa.
What is export diversification definition of export diversification: expanding exports into new segments outside the scope of existing exports receive a 20% discount on all purchases directly through igi global's online bookstore.
Conquering new markets for export services (eg offshoring) expanding services relative to dominant merchandise exports (eg tourism) catalyzing diversification in other sectors (eg demonstration effects of tourism to foster export good discovery) services are part of the solution to export diversification constraints –information, consulting, etc.
The role of export development and diversification in growth in developing countries has received considerable attention in development literature over the last 50 years. Export diversification and economic growth: the case of mauritius 15 finally, over the last few years, policies geared towards the promotion of new sectors which include, amongst others, land-based oceanic activities, hospitality and property development, healthcare and biomedical activities, and the knowledge hub, have been promulgated.
Section ii assesses the theoretical underpinnings of export development and export diversification section iii surveys the literature on the linkages between export diversification, export growth, and overall growth. An export led growth strategy, export diversification is conceived as the progression from traditional to non-traditional exports by providing a broader base of exports, diversification can lower instability in export earnings, expand export revenues, upgrade value–added, and enhance growth through many channels.
We found that pursuing export diversification is a gateway to higher growth for these economies using a newly constructed diversification toolkit, our empirical analysis shows that both the range and quality of the goods a country produces has a direct impact on growth. Export diversification, by definition is the changing of a country's export structure this can be attained by changing the existing basket of commodities or by embellishing them through innovation and technology. Definition of export diversification: expanding exports into new segments outside the scope of existing exports receive a 20% discount on all purchases directly through igi global's online bookstore.