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001 17584982
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008 130109s2012 xx 000 0 eng
010 _a2012537005
020 _a0821395599
020 _a9780821395592
035 _a(The World Bank)17584982
040 _aDLC
_cDLC
_beng
_erda
042 _apcc
245 0 0 _aPathways to African export sustainability /
_cPaul Brenton, Olivier Cadot, and Martha Denisse Pierola.
264 1 _aWashington :
_bWorld Bank,
_c2012.
300 _axiv, 122 pages :
_billustrations ;
_c23 cm.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _adata file
_2rda
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
650 0 _aAfrica
_xCommercial policy.
_920422
650 0 _aAfrica
_xEconomic integration.
_920423
650 0 _aExports
_zAfrica.
_920424
650 0 _aForeign trade promotion
_zAfrica.
_920425
700 1 _aBrenton, Paul.
_920426
700 1 _aCadot, Olivier.
_920427
700 1 _aPierola, Martha Denisse.
_920428
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