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Applying the 'Strategic Econsystem': Trade Promotion and Economic Development in Africa

  • To successfully support private sector development in Africa by the use of trade and export promotion instruments, a comprehensive policy framework is crucial. Different institutional setups for development support show different levels of resilience and effectiveness in coping with the economic conditions they are exposed to. However, there is strong evidence that managing the interplay of threeTo successfully support private sector development in Africa by the use of trade and export promotion instruments, a comprehensive policy framework is crucial. Different institutional setups for development support show different levels of resilience and effectiveness in coping with the economic conditions they are exposed to. However, there is strong evidence that managing the interplay of three fundamental building blocks – public policy, focus areas, strategic objectives and critical success factors as well as institutions, is the key to crafting sustainable and responsive economies. Export plays a significant role in the national economy, and innovative and integrated government financing instruments have to successfully support the competitiveness of national companies in the global economy. Financing and supporting foreign trade with private businesses in Africa occupies a pivotal role, impacting from new product development and job creation in developed countries through economic growth and human development in African countries.show moreshow less

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Metadaten
Document Type:Part of a Book
Zitierlink: https://opus.hs-offenburg.de/2190
Bibliografische Angaben
Title (English):Applying the 'Strategic Econsystem': Trade Promotion and Economic Development in Africa
Author:Andreas KlasenStaff MemberORCiDGND
Year of Publication:2016
Publisher:Kempstone Media
First Page:46
Last Page:49
Parent Title (English):Africa Policy Review 2016/17
ISBN:978-0-9934027-1-5
URL:http://fliphtml5.com/qszh/gajg/basic
Language:English
Inhaltliche Informationen
Institutes:Forschung / IfTI - Institute for Trade and Innovation
Fakultät Wirtschaft (W)
Institutes:Bibliografie
GND Keyword:Afrika; Entwicklung; Wirtschaft
Formale Angaben
Licence (German):License LogoUrheberrechtlich geschützt