Central Bank of Nigeria Library

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Breaking into new markets : emerging lessons for export diversification /

Contributor(s): Material type: TextTextPublication details: Washington, D.C. : World Bank, c2009.Description: xxiii, 265 pISBN:
  • 9780821376379
  • 0821376373
  • 9780821376386 (electronic)
  • 0821376381 (electronic)
Subject(s): DDC classification:
  • 658.84'091724 BRE
LOC classification:
  • HF1413 .B725 2009
Online resources: 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.
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Holdings
Item type Current library Collection Call number Copy number Status Date due Barcode
Monograph & others Monograph & others CBN HQ Library General Stacks Non-fiction 658.84'091724 BRE (Browse shelf(Opens below)) c.1 Available 31008100162136

Includes bibliographical references and index.

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.

oif 18/07/2018

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