What is it about?
The study examines the growth effect of export promotion strategies on non-oil output in the sub- Saharan African (SSA) countries between 1970 and 2014. The study concluded that favorable export promotion policies will stimulate non-oil output growth.
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Why is it important?
Our findings show that all export promotion policy instruments used have a significant effect on non-oil output in SSA. Also, while bank credit to private sector have positive and significant effect, FDI, government expenditure, and exchange rate will crowd out growth effect of export promotion.
Perspectives
Writing this article with the co-author was moment of great joy. I believe the work would be useful for developing countries particularly in Africa.
Dr Olalekan Charles Okunlola
Institute for Peace and Conflict Resolution, Abuja, Nigeria
Read the Original
This page is a summary of: Growth Effect of Export Promotion on Non-oil Output in Sub-Saharan Africa (1970–2014), Emerging Economy Studies, November 2017, SAGE Publications,
DOI: 10.1177/2394901517730728.
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