|
|
Like this article? PLEASE +1 it! |
|
Export Promotion Policies in African Countries: New Approaches to Trade Development in Africa
|
| Guest post by: African Development Bank |
Article Overview: Export promotion is a wide-ranging policy initiative that has many components and dimensions.
![]() |
Free Download - References: Human Capital and Economic Development By African Development Bank |
Export Promotion Policies in African Countries: New Approaches to Trade Development in Africa
Export promotion is a wide-ranging policy initiative that has many components and
dimensions. Policies and strategies for export promotion are designed to:
· enhance the marketability of exportables through product diversification and quality
improvement;
· strengthen and improve the institutional framework for providing better support
services to exporters and export-oriented industries;
· establish backward linkages between export-oriented industries and primary sectors
for the utilisation of local raw materials;
· attract an increased number of entrepreneurs for setting up export-oriented industries
and encourage them through the provision of suitable incentive packages, as well as
appropriate human resources development programmes for the promotion of
entrepreneurial and managerial skills in the context of a competitive international
environment;
· expand and consolidate existing export markets as well as create new markets for
African exportables;
· ensure the removal of procedural and regulatory bottlenecks incompatible with the
attainment of the objectives of an export-led growth policy;
· promote programmes for developing export-oriented knowledge-based resources,
including computer software, Internet facilities and electronic commerce, engineering
and consultancy services;
· diversify and increase the exportation of high value-added manufactured products,
that depend on the natural resources where Africa has comparative advantage; and
· encourage the acquisition and adaptation of environment-friendly technologies to
ensure that African products meet the required international standards.
African Development Bank
Economic Research Working Paper Series
Enhancing Africa’s Trade: From Marginalization
to an Export-Led Approach to Development
Milton A. Iyoha
Professor, Department of Economics & Statistics
University of Benin, Nigeria
Economic Research Working Paper
No 77 (August 2005)
|
About the Author: African Development Bank RSS for African's articles - Visit African's website The African Development Bank is the premier financial development institution of Africa, dedicated to combating poverty and improving the lives of people of the continent and engaged in the task of mobilizing resources towards the economic and social progress of its Regional Member Countries.The Bank’s s mission is to promote economic and social development through loans, equity investments, and technical assistance. The ADB is a multilateral development bank whose shareholders include 53 African countries and 24 non-African countries from the Americas, Asia, and Europe. It was established in 1964, with its headquarters in Abidjan, Côte d’Ivoire, and officially began operations in 1967. Click here to visit African's website Market access Provisions of Agreement on Agriculture Poverty Measurements and Relevance of Microcredit Concluding Remarks Factors Impeding the Poverty Reduction Capacity of Microcredit Some Field Observations from Malawi and Ethiopia Removal of Barriers and Enhancement of Market Access Barriers to African External Trade Variation within the continent Africas human development |
Related Forum Posts
Share this article with your friends. Fund someone's dream.
Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.
Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
The new marketing question. Will they follow?
Multilevel Marketing: 4 Tips To MLM Success
The Right Job - Part Five 'Compensation'
Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.



