1. Understanding the Firm-Level Export Diversification Characteristics in Botswana
- Author:
- Pinkie Gertrude Kebakile
- Publication Date:
- 01-2022
- Content Type:
- Policy Brief
- Institution:
- Botswana Institute for Development Policy Analysis
- Abstract:
- This Policy Brief unravels interesting insights pertaining to firm-level export diversification characteristics in Botswana, which is an approach that views export diversification at the micro-level. The following are the key highlights from the Policy Brief: • Exporters whose export portfolios are varied in terms of products and export markets, commonly referred to as multi-product multi-destination exporters in the literature fetch high export values, which is a prerequisite for sustained economic growth in the country. • The growth and diversification of Botswana’s export bundle is undermined by the exporters’ inability to break into new export markets. • The main policy message is therefore that to transition from the upper-middle income status to high-income status by 2036, the country needs to nurture and develop the multi-product multi-destination exporters. Targeted interventions aimed at developing these exporters are therefore called for.
- Topic:
- Business, Economic Growth, Diversification, Exports, and Trade
- Political Geography:
- Africa and Botswana