Burkina Faso : The Challenge of Export Diversification for a Landlocked Country
No hay miniatura disponible
Fecha
Autores
Título de la revista
ISSN de la revista
Título del volumen
Editor
Washington, DC
Resumen
Descripción
The objective of the Diagnostic Trade
Integration Study (DTIS) is to build the foundation for
accelerated growth by enhancing the integration of its
economy into regional and global markets. Burkina Faso is
one of the best economic performers in West Africa, yet its
integration into the world economy, as measured by its trade
and foreign investment performance, is among the lowest.
Economic growth has been strong, higher than all other
countries in the sub-region. This has been achieved in spite
of droughts and cricket invasions, and the turmoil in Cote
d'Ivoire, and without significant oil or mining
exports. Macroeconomic management has been consistently
strong, and inflation low. At the same time, its export to
gross domestic product (GDP) ratio is only one-third that of
Senegal or Mali, while foreign directs investment inflows
are far below the average for sub-Saharan Africa. At a time
when globalization is determining the fate of nations,
Burkina Faso seems to be on the sidelines and doing fairly
well. If the country is to raise economic growth rates to
the levels necessary to make major inroads on poverty, and
reduce its aid dependence, it will need to improve its
performance on exports and foreign investment.
Implementation of a weighing program to fight against
overloading of merchandise, coordinated along all the
corridors.The challenge for Burkina Faso is to step up
efforts to consolidate this sound performance in order to
accelerate growth and deepen the fight against poverty.
These efforts will be deployed on three fronts. The first
consists in maintaining macroeconomic stability to improve
the international competitiveness of the economy; the
second, diversifying exports to expand trade and stimulate
growth; and the third, strengthening social sectors and
small operators in order to make growth inclusive and to
maximize its impact on poverty reduction. This study focuses
on the second challenge, taking into account the importance
of participation by small operators.
Palabras clave
ACCESS TO CAPITAL, ACCOUNTING, ACTION PLAN, AGRICULTURAL COMMODITY, AGRICULTURE, ARBITRAGE, ARTISAN, ARTISANS, AUDITS, AUTOMATION, BACKBONE, BALANCE OF PAYMENTS, BENCHMARKING, BROKERAGE, BROKERS, BUDGET DEFICIT, BUSINESS DEVELOPMENT, BUSINESS LAW, BUSINESS PROMOTION, BUSINESS REQUIREMENTS, BUSINESSES, BUYERS, CAPACITY BUILDING, CAPACITY-BUILDING, CAPITAL FLOWS, CAPITAL INFLOWS, CDS, CENTRAL BANK, CHAMBER OF COMMERCE, CHECKS, COLLATERAL, COMMODITIES, COMMODITY, COMPARATIVE ADVANTAGE, COMPETITION POLICY, COMPETITIVE ADVANTAGE, COMPETITIVENESS, CONFLICT OF INTEREST, CONSUMER DEMANDS, CONSUMERS, COOKIES, CURRENCY, CURRENCY APPRECIATION, CUSTOMS, CUSTOMS CLEARANCE, CUSTOMS DECLARATION, CUSTOMS REVENUE, CUSTOMS REVENUES, DEBT, DEBT COLLECTION, DEBT REDUCTION, DEGREE OF RISK, DEPOSIT, DEPOSITS, DEVALUATION, DEVELOPMENT AGENCY, DEVELOPMENT BANK, DEVELOPMENT POLICY, DEVELOPMENT STRATEGIES, DIRECT SALES, DISEQUILIBRIUM, DOMESTIC MARKET, DOMESTIC PRICES, ECONOMIC OUTLOOK, ELECTRICITY, EMERGING MARKET, ENVIRONMENTAL MANAGEMENT, EQUIPMENT, EXCHANGE CONTROL, EXCHANGE OF INFORMATION, EXCHANGE RATE, EXPORT DEVELOPMENT, EXPORT GROWTH, EXPORT MARKET, EXPORT MARKETS, EXPORT PROMOTION, EXPORT SECTOR, EXPORTER, EXPORTERS, EXPORTS, EXTERNAL DEBT, EXTERNAL TRADE, FINANCIAL FLOWS, FINANCIAL INSTITUTIONS, FINANCIAL SUSTAINABILITY, FINANCING ARRANGEMENT, FOREIGN COMPANIES, FOREIGN DIRECT INVESTMENT, FOREIGN EXCHANGE, FOREIGN EXCHANGE RISKS, FOREIGN INVESTMENT, FOREIGN INVESTMENTS, FOREIGN INVESTOR, FOREIGN INVESTORS, FOREIGN TRADE, FRAUD, FREE TRADE, GDP, GLOBAL ECONOMY, GLOBAL MARKET, GLOBAL MARKETS, GLOBALIZATION, GOVERNMENT POLICY, GOVERNMENT REVENUE, GOVERNMENT SERVICES, GROSS DOMESTIC PRODUCT, GROWTH POTENTIAL, GROWTH RATE, GROWTH RATES, HANDICRAFT, HANDICRAFT PRODUCTS, HANDICRAFTS, HARMONIZATION, HOLDING, HUMAN RESOURCES, INDUSTRIAL BASE, INFLATION, INFLATIONARY PRESSURES, INFORMATION SYSTEM, INNOVATION, INNOVATIONS, INSPECTION, INSTITUTIONAL FRAMEWORK, INSTRUMENT, INSURANCE, INTEREST RATES, INTERNATIONAL COMPETITION, INTERNATIONAL COMPETITIVENESS, INTERNATIONAL CONSULTANTS, INTERNATIONAL ECONOMY, INTERNATIONAL MARKET, INTERNATIONAL MARKETS, INTERNATIONAL TRADE, INVENTORIES, INVESTMENT CLIMATE, ITC, LABOR MARKET, LAND REFORM, LAND TITLES, LICENSES, LOCAL MARKET, LOCAL MARKETS, MACROECONOMIC FORECASTING, MACROECONOMIC MANAGEMENT, MACROECONOMIC PERFORMANCE, MACROECONOMIC STABILITY, MAINTENANCE COSTS, MANUFACTURING, MANUFACTURING INDUSTRIES, MARKET ACCESS, MARKET CONDITIONS, MARKET DATA, MARKET DEMANDS, MARKET INFORMATION, MARKET OPPORTUNITIES, MARKET REGULATIONS, MARKET SHARE, MARKETING, MATERIAL, MONETARY FUND, MONETARY POLICIES, NATURAL RESOURCE, NATURAL RESOURCES, OIL PRICES, OUTPUT, OUTPUTS, PARTNERSHIP AGREEMENT, PHOTO, PILOT PROJECT, PRICE DECLINES, PRICE FLUCTUATIONS, PRIVATE INVESTMENT, PRIVATE INVESTORS, PRIVATE PARTNERSHIPS, PRIVATE SECTOR, PRIVATE SECTOR DEVELOPMENT, PRIVATE SECTOR PARTICIPATION, PRIVATE SECTORS, PRODUCT DEVELOPMENT, PRODUCT MARKETS, PRODUCTIVITY, PUBLIC SPENDING, RAPID GROWTH, REAL EXCHANGE RATE, REGIONAL EXCHANGE, REGIONAL TRADE, RELIABILITY, RELIABLE ACCESS, REMITTANCES, RESULT, RESULTS, RETURN, SECURITIES, SERVICE PROVIDERS, SERVICES TO USERS, SETTLEMENT, SITES, SOCIAL COSTS, STATISTICAL DATA, STORAGE FACILITIES, STRATEGIC INVESTORS, SUPERMARKET, SUPERVISION, SUPPLY CHAIN, SUPPLY CHAIN MANAGEMENT, TARGETS, TARIFF BARRIERS, TAX, TAX SYSTEM, TAXATION, TECHNICAL ASSISTANCE, TECHNICAL SUPPORT, TELECOMMUNICATIONS, TRACK RECORD, TRADE FACILITATION, TRADE LIBERALIZATION, TRADE POLICIES, TRADE POLICY, TRANSLATION, TRANSPARENCY, TRANSPARENCY INITIATIVE, USERS, USES, VALUATION, VALUE ADDED, VALUE CHAIN, VERTICAL INTEGRATION, WAGES, WEB, WEB SITE, WORKING CAPITAL, WORLD ECONOMY, WORLD TRADE, WORLD TRADE ORGANIZATION, WTO