Export-led growth v2.0

The United States (U.S.) recession could hurt the South, particularly in oil and apparel exports, and Latin America and the Caribbean. But South-South trade is partly picking up the slack. Middle-income countries are driving export diversification...

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Bibliographic Details
Main Authors:	Canuto, Otaviano, Haddad, Mona, Hanson, Gordon
Format:	Brief
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ABSOLUTE TERMS BUSINESS CYCLES COMPARATIVE ADVANTAGE CONSUMPTION GROWTH DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPING COUNTRY ECONOMIC GROWTH ECONOMIC LITERATURE ECONOMIC POLICY ECONOMIC REVIEW EXPORT DIVERSIFICATION EXPORT GROWTH EXPORTS EXPOSURE FINANCIAL CRISIS GDP GLOBAL ECONOMY GROWTH RATES INCOME INCOME GROUP INCOME GROUPS INCOME GROWTH INCOME LEVEL INCOME SOURCE INCREASING SHARE INEQUALITY INTERNATIONAL ECONOMY INTERNATIONAL TRADE LOW INCOME LOW-INCOME COUNTRIES MARKET ACCESS MEDIUM TERM MIDDLE INCOME MIDDLE-INCOME COUNTRIES MIDDLE-INCOME COUNTRY NATURAL RESOURCES OUTPUT POLICY MAKERS POLICY RESEARCH POVERTY REDUCTION RAPID GROWTH RESOURCE ALLOCATION SHARE OF CAPITAL SHARE OF WORLD TRADE TRADING SYSTEM WAGES WORLD ECONOMY
Online Access:	http://documents.worldbank.org/curated/en/2010/03/11900512/export-led-growth-v20 http://hdl.handle.net/10986/10200

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Summary:	The United States (U.S.) recession could hurt the South, particularly in oil and apparel exports, and Latin America and the Caribbean. But South-South trade is partly picking up the slack. Middle-income countries are driving export diversification of low-income countries. Developing countries may be moving toward a new version of export-led growth.

Export-led growth v2.0

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