The Export Performance of Sub-Saharan Africa, 1970-19+L69390: A Survey

Author/Editor:

Joshua E. Greene

Publication Date:

July 1, 1992

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

The export performance of Sub-Saharan Africa has lagged behind that of developing countries in other regions for the past two decades, and total export proceeds have fallen significantly since 1980. Many factors explain this outcome, including continued concentration in slowly-growing non-fuel primary commodities and domestic economic policies that have discouraged new investment that could promote diversification and increased production of traditional crops. Diversification into new agricultural products and light manufactures could boost export earnings, but only if the region can compete successfully with existing producers elsewhere. In most countries this will require major structural reforms to create a more attractive economic environment.

Series:

Working Paper No. 1992/055

Subject:

Agricultural commodities Commodities Export earnings Export performance Exports International trade

English

Publication Date:

July 1, 1992

ISBN/ISSN:

9781451847567/1018-5941

Stock No:

WPIEA0551992

Pages:

50

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