Trade And Structural Adjustment Policies In Selected Developing Countries
AbstractThe experience of the five examined industries (agro-food in Chile, cut flowers in Kenya,garment in Lesotho and in Mauritius and seafood in Thailand) demonstrates that non-traditional industries can emerge and achieved strong growth rates in very diverse settings in terms of geography and initial economic and social conditions. In most of these cases, the government adopted a relatively export-oriented, business- friendly attitude and adapted its policies as the industries developed. Hence, a key factor for successful structural adjustment has been the pro-active role of government in establishing an enabling economic and policy environment that allows local firms to operate on a level-playing field and strengthen their competitive edge in international markets. This highlights the importance of implementing trade policies in the framework of comprehensive development strategies and establishing a consultative national policy-making process for ensuring a coherent approach to trade and structural adjustment. The case studies also underscore that countries (government and industry) are compelled to constantly adapt in light of new sources of competition, growing wage levels, environmental constraints, technological advances and demanding product and process standards. Policy-makers in most countries under review are aware of this challenge. As a consequence, some of them have taken the initiative to set up specific mechanisms or programmes for further enhancing the competitiveness of existing export sectors and/or promoting emerging non-traditional export industries.
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Bibliographic InfoPaper provided by EconWPA in its series Development and Comp Systems with number 0507003.
Length: 60 pages
Date of creation: 11 Jul 2005
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Trade and structural adjustment; export diversification; trade capacity building;
Other versions of this item:
- Jens Andersson & Federico Bonaglia & Kiichiro Fukasaku & Caroline Lesser, 2005. "Trade and Structural Adjustment Policies in Selected Developing Countries," OECD Development Centre Working Papers 245, OECD Publishing.
This paper has been announced in the following NEP Reports:
- NEP-AFR-2005-07-18 (Africa)
- NEP-ALL-2005-07-18 (All new papers)
- NEP-DEV-2005-07-18 (Development)
- NEP-INT-2005-07-18 (International Trade)
- NEP-SEA-2005-07-18 (South East Asia)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Development and Comp Systems
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