Over the last thirty-five years, Costa Rican exports (in dollars) have grown at an average annual growth rate of 10.8 per cent. In the context of an import substituting industrialization and subregional integration, exports grew at increasingly...
Part of Book Industries without Smokestacks
Part of Book Industries without Smokestacks
The tourism industry is the leading segment of the services industries in small island developing states (SIDS). This paper therefore seeks primarily to investigate both the nature and determinants of tourism competitiveness in SIDS. Judging from the...
Using a panel vector autoregressive model this paper investigates the dynamic and endogeneous contribution of tourism to output based on a sample of 40 African countries for the period 1990–2006. Results from the study confirm tourism to be an...
Part of Book Non-Traditional Export Promotion in Africa
Despite Tanzania’s rapid recent growth, the vast majority of employment creation has been in informal services. This paper addresses the role that different subsectors of formal and informal services have played in Tanzania’s growth. It finds that...
As Africa continues to attract record numbers of international arrivals, there are industry undercurrents that influence the continent’s participation in tourism value chains. African tourism is characterized by high foreign demand, which elevates...
Using a panel vector autoregressive model this paper investigates the dynamic and endogeneous contribution of tourism to output based on a sample of 40 African countries for the period 1990–2006. Results from the study confirm tourism to be an...
This paper first summarizes the macroeconomic and trade performance of Senegal, emphasizing the limits of traditional exports. It then focuses on three export sectors which have had some success in the past and have good potential for future growth...
Although the manufacturing sector is known to have a unique role in structural transformation, the industries without smokestacks that include tradable services (e.g., IT, tourism, transport), horticulture, and agro-industry can provide new...
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