European Parliament Library

How Solid Is Economic Growth in the East African Community?, Nikoloz Gigineishvili, Paolo Mauro, Ke Wang

Abstract
Is rapid economic growth experienced by the East African Community during the past decade built on solid foundations? To gain some clues, we use a variety of newly-collected and existing data sources to analyze the structural transformation of output and exports, as well as indicators of their quality and sophistication. The move from agriculture to a wide range of other sectors—bodes well for continued growth, as do gradual improvements in quality. Yet, no clear winners on the production side seem to have emerged, to embed a durable comparative advantage in international markets. These observations may instill a note of caution against projecting rapid growth into the distant future
Table Of Contents
Cover; Content; I. Introduction; II. Overall Growth Performance and Reversion to the Mean; Figures; 1. Real GDP Growth Rates; 2. Average Real Growth Rate; 3. Electricity Consumption; 4. Health Outcomes; 5. Fiscal Revenues and Private Sector Credit; III. Structural Transformation, Diversification, and Rising Sophistication; 6. Frequency Distribution of Economic Growth Rates; 7. Average Output by Sectors, 1970-2010; 8. Sector Shares and Changes, 2000 vs. 2010; 9. Exports, 1990-2010; 10..Partner Diversification; 11. Structure of Exports; 12. Export Product Diversification
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (24 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781498365833

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