Options for Export Diversification and Faster Export Growth in Ghana

This paper discusses how Ghana’s path to a middle income status does not have to be paved with only manufactured products. There are multiple paths and processed natural resources-based products are not necessarily a curse, and if Ghana wants and it builds the requisite capacity, it can turn them into an opportunity. This chapter suggests that one policy challenge for Ghana is to facilitate a comprehensive package of sector specific polices dedicated to fostering the technological capabilities and other nontradable public inputs necessary to potentially scale up 6 identified sectors. We also find that 3 of the 4 Presidential Special Initiative products––starch, salt, palm oil are efficient choices but the efficiency of textiles is unclear. Our analysis also indicates that when income enhancement is the objective, there is no blueprint for a diversification strategy.Ghana; economic growth; export diversification; structural transformation

Options for Income-Enhancing Diversification in Burkina Faso

One of the objectives of this CEM was to identify the most promising products and conduct competitiveness diagnostic. The products list is summarized in Table 1 below. Competitiveness, in this report, is seen as a combination of productivity and costs, and the second section of the CEM presents industry chapters that systematically benchmarks Burkina’s competitiveness performance against its main competitors. Sectoral chapters also explore reforms achieved and their impact on productivity, list remaining bottlenecks and opportunities and discuss possible emulation from other countries.Burkina Faso; Exports; Product Space; Economic Diversification; Economig Growth;

The Post-2015 Global Agenda: A Framework for Country Diagnostics

With the 2015 deadline for the current Millennium Development Goals (MDGs) drawing near, the global community is shaping a new set of international development goals for the longer term. The process has involved consultations led by the UN Open Working Group guided by the 2013 report, "A New Global Partnership" of the UN High-level Panel. The work so far indicates that the post-2015 development agenda will encompass goals for social, economic, and environmental sustainability with broader coverage than the current MDGs. This paper refers to these post-2015 development goals as Sustainable Development Goals, or SDGs.The World Bank Group is developing a diagnostic framework to assess the implications of implementing the post-2015 global development agenda at the country level. This framework has been applied to a pilot case study on Uganda, and some of the results of this study are highlighted here for illustrative purposes. The WBG has also developed a multi-country database that provides a starting point for similar diagnostics in other countries. Subject to data availability, the framework may be used to analyze likely progress in SDGs and their determinants and to discuss policy and financing options to accelerate their progress. This work has been shared with the Intergovernmental Committee of Experts on Sustainable Development Financing.The purpose of this paper is to demonstrate the application of this framework, drawing on the pilot study of Uganda

Commodity Export Diversification in Rwanda - Many Export Discoveries with Little Scaling-Up

Increased diversification of commodity exports, and increased numbers of high-value commodity exports, are needed to generate employment and meet the Government of Rwanda´s targets for poverty reduction. This chapter presents evidence that increased diversification of exports is linked to increased export and GDP growth. Yet, commodity exports in Rwanda are concentrated in a few commodities. The relationship between export diversification and export growth in SSA confirms that for stable, sustainable, and higher export growth, export diversification is necessary. In addition to export promotion policies such as those which attract FDI, decision makers need to design policies to accelerate diversification of the export mix. The effect of diversification on export growth will be maximized if diversification shifts the export mix in the direction of manufactured or resource-based products (low or medium technology). This implies both sector specific public strategies that can influence the export mix; and second, public investments in human capital and supporting infrastructure.Rwanda; economic growth; export diversification; structural transformation

Options for Income-Enhancing Diversification in Burkina Faso

One of the objectives of this CEM was to identify the most promising products and conduct competitiveness diagnostic. The products list is summarized in Table 1 below. Competitiveness, in this report, is seen as a combination of productivity and costs, and the second section of the CEM presents industry chapters that systematically benchmarks Burkina’s competitiveness performance against its main competitors. Sectoral chapters also explore reforms achieved and their impact on productivity, list remaining bottlenecks and opportunities and discuss possible emulation from other countries

Options for Export Diversification and Faster Export Growth in Ghana

This paper discusses how Ghana’s path to a middle income status does not have to be paved with only manufactured products. There are multiple paths and processed natural resources-based products are not necessarily a curse, and if Ghana wants and it builds the requisite capacity, it can turn them into an opportunity. This chapter suggests that one policy challenge for Ghana is to facilitate a comprehensive package of sector specific polices dedicated to fostering the technological capabilities and other nontradable public inputs necessary to potentially scale up 6 identified sectors. We also find that 3 of the 4 Presidential Special Initiative products––starch, salt, palm oil are efficient choices but the efficiency of textiles is unclear. Our analysis also indicates that when income enhancement is the objective, there is no blueprint for a diversification strategy

Options for Income-Enhancing Diversification in Burkina Faso

One of the objectives of this CEM was to identify the most promising products and conduct competitiveness diagnostic. The products list is summarized in Table 1 below. Competitiveness, in this report, is seen as a combination of productivity and costs, and the second section of the CEM presents industry chapters that systematically benchmarks Burkina’s competitiveness performance against its main competitors. Sectoral chapters also explore reforms achieved and their impact on productivity, list remaining bottlenecks and opportunities and discuss possible emulation from other countries

Options for Export Diversification and Faster Export Growth in Ghana

This paper discusses how Ghana’s path to a middle income status does not have to be paved with only manufactured products. There are multiple paths and processed natural resources-based products are not necessarily a curse, and if Ghana wants and it builds the requisite capacity, it can turn them into an opportunity. This chapter suggests that one policy challenge for Ghana is to facilitate a comprehensive package of sector specific polices dedicated to fostering the technological capabilities and other nontradable public inputs necessary to potentially scale up 6 identified sectors. We also find that 3 of the 4 Presidential Special Initiative products––starch, salt, palm oil are efficient choices but the efficiency of textiles is unclear. Our analysis also indicates that when income enhancement is the objective, there is no blueprint for a diversification strategy

Commodity Export Diversification in Rwanda - Many Export Discoveries with Little Scaling-Up

Increased diversification of commodity exports, and increased numbers of high-value commodity exports, are needed to generate employment and meet the Government of Rwanda´s targets for poverty reduction. This chapter presents evidence that increased diversification of exports is linked to increased export and GDP growth. Yet, commodity exports in Rwanda are concentrated in a few commodities. The relationship between export diversification and export growth in SSA confirms that for stable, sustainable, and higher export growth, export diversification is necessary. In addition to export promotion policies such as those which attract FDI, decision makers need to design policies to accelerate diversification of the export mix. The effect of diversification on export growth will be maximized if diversification shifts the export mix in the direction of manufactured or resource-based products (low or medium technology). This implies both sector specific public strategies that can influence the export mix; and second, public investments in human capital and supporting infrastructure

Commodity Export Diversification in Rwanda - Many Export Discoveries with Little Scaling-Up

Increased diversification of commodity exports, and increased numbers of high-value commodity exports, are needed to generate employment and meet the Government of Rwanda´s targets for poverty reduction. This chapter presents evidence that increased diversification of exports is linked to increased export and GDP growth. Yet, commodity exports in Rwanda are concentrated in a few commodities. The relationship between export diversification and export growth in SSA confirms that for stable, sustainable, and higher export growth, export diversification is necessary. In addition to export promotion policies such as those which attract FDI, decision makers need to design policies to accelerate diversification of the export mix. The effect of diversification on export growth will be maximized if diversification shifts the export mix in the direction of manufactured or resource-based products (low or medium technology). This implies both sector specific public strategies that can influence the export mix; and second, public investments in human capital and supporting infrastructure