A Diversification Strategy for South Asia /

A Diversification Strategy for South Asia /

While South Asia has gone a long way in diversifying their economies, there is substantial scope to do more. Some countries - India, Nepal, and Sri Lanka - can build on their existing production capabilities; others - Bangladesh, Bhutan, and the Maldives - would need to undertake a more concerted pu...

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Bibliografische gegevens
Hoofdauteur: Lian, Weicheng
Andere auteurs: Liu, Fei, Svirydzenka, Katsiaryna, Zhu, Biying
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2021.
Reeks:IMF Working Papers; Working Paper ; No. 2021/202
Onderwerpen:
Choice of Technology
Globalization
Industrialization
Manufacturing and Service Industries
Regulation and Industrial Policy
Online toegang:Full text available on IMF
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100 1 |a Lian, Weicheng. 
245 1 0 |a A Diversification Strategy for South Asia /  |c Weicheng Lian, Fei Liu, Katsiaryna Svirydzenka, Biying Zhu. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2021. 
300 |a 1 online resource (49 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a While South Asia has gone a long way in diversifying their economies, there is substantial scope to do more. Some countries - India, Nepal, and Sri Lanka - can build on their existing production capabilities; others - Bangladesh, Bhutan, and the Maldives - would need to undertake a more concerted push. We identify key policies from a large set of potential determinants that explain the variation in export diversification and complexity across 189 countries from 1962 to 2018. Our analysis suggests that South Asia needs to invest in infrastructure, education, and R and D, facilitate bank credit to productive companies, and open to trade in order to diversify and move up the value chains. Given the COVID-19 pandemic, investing in digital technologies as part of the infrastructure push and improving education are of even greater importance to facilitate the ability to work remotely and assist resource reallocation away from the less viable sectors. 
538 |a Mode of access: Internet 
650 7 |a Choice of Technology  |2 imf 
650 7 |a Globalization  |2 imf 
650 7 |a Industrialization  |2 imf 
650 7 |a Manufacturing and Service Industries  |2 imf 
650 7 |a Regulation and Industrial Policy  |2 imf 
700 1 |a Liu, Fei. 
700 1 |a Svirydzenka, Katsiaryna. 
700 1 |a Zhu, Biying. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2021/202 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2021/202/001.2021.issue-202-en.xml  |z IMF e-Library 

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