00000cmm a22000005a 4500 UP-99796217611037184 Buklod 20131213142741.0 aa r ||| u ta 130109s2012 xx u eng d 9780821397503 (iLib)UPD-00208004463 DLC DECON eng HF 3876.5 B74 2012eb Brenton, Paul Pathways to African export sustainability [electronic resource] Paul Brenton, Olivier Cadot, and Martha Denisse Pierola. Washington World Bank 2012. 1 online resource (xiv, 122 p.) ill. Directions in development. Trade IP based access, on campus and remote access. Access via UP School of Economics Library (World Bank Online Resource Center) website. African exporters suffer from low survival rates on international markets. They fail more often than others, incurring time and again the setup costs involved in starting new relationships. This high churning is a source of waste, uncertainty, and discouragement. However, this trend is not inevitable. The high "infant mortality" of African exports is largely explained by Africa's low-income business environment and, once properly benchmarked, Africa's performance in terms of exporter failure is no outlier. Moreover, African exporters show vigorous entrepreneurship, with high entry rates into new products and markets despite formidable hurdles created by poor infrastructure, landlocked boundaries for some, and limited access to major sea routes for others. African exporters experiment a lot, and they frequently pay the price of failure. What matters for policy is how to ensure that viable ventures survive. Research carried out for this book demonstrates that governments can and should help to reduce the rate of failure of African export ventures through a mixture of improvements in the business environment, as well as well-targeted proactive interventions. The business environment can be made more conducive to sustainable export entrepreneurship through traditional policy prescriptions such as reducing transportation costs, facilitating trade through better technology and workflow in border management, improving the effectiveness of banking regulations to ensure the availability of trade finance, and striving for regulatory simplicity and coherence. In addition, governments can help leverage synergies between exporters. Original research featured in this book shows that African exporters improve each other's chances of survival when a critical mass of them penetrates a given market together. They also benefit from diaspora presence in destination markets. With adequate donor support and private-sector engagement, export-promotion agencies and technical-assistance programs can help leverage those synergies. Electronic reproduction. Washington, D.C. World Bank. Available via World Wide Web. Exports Africa. Foreign trade promotion Africa. Africa Commerce. Africa Commercial policy. Africa Economic integration. Exports Africa. Foreign trade promotion Africa. Electronic books. Cadot, Olivier. Pierola, Martha Denisse. Print Version 9780821395592. Directions in development (Washington, D.C.). Trade. World Bank e-Library. Available for University of the Philippines - Diliman via World Bank OKR. Click here to access https://openknowledge.worldbank.org/handle/10986/9380 (viewed 28 April 2014) FO Monograph UPD DECON Electronic Resource