Resource information
This report proposes a strategy to
promote growth, and poverty reduction through export
development. It supports the strategic directions of the
Interim Poverty Reduction Strategy Paper (I-PRSP), stressing
the importance of improving economic governance, and the
environment for investments, for an active participation in
the world economy. The report reviews the performance of
trade policies, and exports in the 1990s; discusses the new
market opportunities; presents the outlook for the
international economy; and, proposes a sequenced strategy
for launching an export drive that would lead to higher
growth. The report's main conclusion is that while the
economy has responded well to stabilization measures, and is
opening up, it still has a long way to go. Reforms to
increase exports must be broad based - that is, extend well
beyond trade, and investment liberalization - to include the
regulatory framework, the quality of supporting
infrastructure, and the overall economic governance.