Bachelorarbeit, 2020
10 Seiten
This paper examines the challenges Ethiopia faces in promoting and diversifying its exports, drawing lessons from China's remarkable foreign trade growth. It seeks to understand the drivers of China's export success and identify potential strategies for Ethiopia to emulate.
The paper begins with an overview of Ethiopia's export performance, highlighting its historical underperformance despite recent improvements. The chapter explores the evolution of Ethiopia's trade policy, from import substitution to trade liberalization.
The study then delves into the evolution of China's foreign exchange policy from a trade and development perspective. It examines China's transition from import substitution to export promotion, outlining the key policy shifts and their impact on economic growth.
The paper further explores the role of import substitution and marginal export promotion in China's early economic development. It analyzes the limitations of the import substitution approach and the subsequent shift toward export-oriented policies.
Finally, the chapter examines the period of export promotion neutralizing import substitution in China, emphasizing the ongoing influence of import substitution policies on economic development.
The paper focuses on the key concepts of export diversification, economic reform, trade policy, and lessons learned from China's economic growth. It also explores themes like import substitution, export promotion, foreign direct investment, and the impact of infrastructure and exchange rate policy on economic performance.
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