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How Solid Is Economic Growth in the East African Community?
Mr.Nikoloz GigineishviliMr.Paolo MauroKe Wang
出版International Monetary Fund, 2014-08-12
主題Business & Economics / Exports & ImportsBusiness & Economics / Industries / AgribusinessBusiness & Economics / Economics / Macroeconomics
ISBN14983749489781498374941
URLhttp://books.google.com.hk/books?id=h8QaEAAAQBAJ&hl=&source=gbs_api
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註釋Is rapid economic growth experienced by the East African Community during the past decade built on solid foundations? To gain some clues, we use a variety of newly-collected and existing data sources to analyze the structural transformation of output and exports, as well as indicators of their quality and sophistication. The move from agriculture to a wide range of other sectors—bodes well for continued growth, as do gradual improvements in quality. Yet, no clear winners on the production side seem to have emerged, to embed a durable comparative advantage in international markets. These observations may instill a note of caution against projecting rapid growth into the distant future.