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001 | 17584982 | ||
003 | US-djbf | ||
005 | 20210811112732.0 | ||
006 | m d | ||
007 | cr cn||||||||| | ||
008 | 130109s2012 xx 000 0 eng | ||
010 | _a2012537005 | ||
020 | _a0821395599 | ||
020 | _a9780821395592 | ||
035 | _a(The World Bank)17584982 | ||
040 |
_aDLC _cDLC _beng _erda |
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042 | _apcc | ||
245 | 0 | 0 |
_aPathways to African export sustainability / _cPaul Brenton, Olivier Cadot, and Martha Denisse Pierola. |
264 | 1 |
_aWashington : _bWorld Bank, _c2012. |
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300 |
_axiv, 122 pages : _billustrations ; _c23 cm. |
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336 |
_atext _btxt _2rdacontent |
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337 |
_acomputer _bc _2rdamedia |
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338 |
_aonline resource _bcr _2rdacarrier |
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_adata file _2rda |
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490 | 1 | _aDirections in development. Trade | |
520 | 3 | _aAfrican exporters suffer from low survival rates on international markets. They fail more often than others, incurring time and again the setup costs involved in starting new relationships. This high churning is a source of waste, uncertainty, and discouragement. However, this trend is not inevitable. The high "infant mortality" of African exports is largely explained by Africa's low-income business environment and, once properly benchmarked, Africa's performance in terms of exporter failure is no outlier. Moreover, African exporters show vigorous entrepreneurship, with high entry rates into new products and markets despite formidable hurdles created by poor infrastructure, landlocked boundaries for some, and limited access to major sea routes for others. African exporters experiment a lot, and they frequently pay the price of failure. What matters for policy is how to ensure that viable ventures survive. Research carried out for this book demonstrates that governments can and should help to reduce the rate of failure of African export ventures through a mixture of improvements in the business environment, as well as well-targeted proactive interventions. The business environment can be made more conducive to sustainable export entrepreneurship through traditional policy prescriptions such as reducing transportation costs, facilitating trade through better technology and workflow in border management, improving the effectiveness of banking regulations to ensure the availability of trade finance, and striving for regulatory simplicity and coherence. In addition, governments can help leverage synergies between exporters. Original research featured in this book shows that African exporters improve each other's chances of survival when a critical mass of them penetrates a given market together. They also benefit from diaspora presence in destination markets. With adequate donor support and private-sector engagement, export-promotion agencies and technical-assistance programs can help leverage those synergies. | |
588 | _aDescription based on print version record. | ||
650 | 0 |
_aAfrica _xCommerce. _920421 |
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650 | 0 |
_aAfrica _xCommercial policy. _920422 |
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650 | 0 |
_aAfrica _xEconomic integration. _920423 |
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650 | 0 |
_aExports _zAfrica. _920424 |
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650 | 0 |
_aForeign trade promotion _zAfrica. _920425 |
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700 | 1 |
_aBrenton, Paul. _920426 |
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700 | 1 |
_aCadot, Olivier. _920427 |
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700 | 1 |
_aPierola, Martha Denisse. _920428 |
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776 | 0 | 8 |
_aPrint Version: _z9780821395592 |
830 | 0 |
_aDirections in development (Washington, D.C.). _pTrade. _920429 |
|
830 | 0 |
_aWorld Bank e-Library. _920430 |
|
856 | 4 | 0 | _uhttp://elibrary.worldbank.org/doi/book/10.1596/978-0-8213-9559-2 |
999 |
_c4506 _d4506 |