How Solid Is Economic Growth in the East African Community?

Released on by Mr.Nikoloz Gigineishvili
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  • How Solid Is Economic Growth in the East African Community? Book Detail

  • Author : Mr.Nikoloz Gigineishvili
  • Release Date : 2014-08-12
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 23
  • ISBN 13 : 1498365833
  • File Size : 53,53 MB
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How Solid Is Economic Growth in the East African Community? by Mr.Nikoloz Gigineishvili PDF Summary

Book Description: 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.

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