Industrialization and Economic Diversification Post-Crisis Development Agenda in Asia and Africa

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Synopsis

Economic diversification entails a shift away from a single income source toward multiple income sources from an increasing spectrum of sectors and markets. A persistent concern for some Asian and African economies is their reliance on commodity exports and how they are exposed to the risk of export volatility and income instability. The Covid-19 pandemic and previous oil crashes have demonstrated the adverse impact on such economies. This book provides a systemic analysis of sustainable economic development through economic diversification.

The book analyzes diversification and development experiences from comparative perspectives of Asia and Africa. It also investigates determinants of export diversification differentiated by commodities-dependence versus manufactured products and looks at the roles of various institutions and governance of institutions in export diversification.

This book will provide policy insights into how different degrees of specialisation in exports across countries have affected outcomes in terms of living standards, economic growth and employment.

Book details

Series:
Routledge Studies in Development Economics
Author:
Banji Oyelaran-Oyeyinka, Kaushalesh Lal
ISBN:
9781000573466
Related ISBNs:
9781003245322, 9781032156859, 9781032156866
Publisher:
Taylor and Francis
Pages:
186
Reading age:
Not specified
Includes images:
Yes
Date of addition:
2022-04-13
Usage restrictions:
Copyright
Copyright date:
2022
Copyright by:
Banji Oyelaran-Oyeyinka and Kaushalesh Lal 
Adult content:
No
Language:
English
Categories:
Business and Finance, Earth Sciences, Nonfiction