Strengthening Bolivian Competitiveness: Export Diversification and Inclusive Growth

Marc Notes: June 30, 2008.; Includes bibliographical references. Publisher Marketing: The government of Bolivia seeks to reinvigorate the nontraditional export sector as part of its national development strategy. This Country Study investigates the role that trade should play in Bolivia s development strategy, given the country s rich resource endowment, and examines the lessons of Bolivia s integration into the global economy. Considering the past links between trade and Bolivia s economy, the study analyzes the impact of different scenarios on growth, employment, trade flows, and poverty; it also evaluates barriers to higher export competitiveness and constraints on exporting firms. The study concludes that preferential access to world markets is necessary but not sufficient for success in nontraditional exports. Efficient services are necessary to reduce exporters costs, and the government should be more proactive in laying the foundation for export diversification, increasing the effectiveness of institutions, and addressing impediments to crossborder trade." Review Citations: Reference and Research Bk News 02/01/2010 pg. 114 (EAN 9780821380147, Paperback) Contributor Bio:  World Bank Group Founded in 1944, the World Bank Group is one of the world's largest sources of development assistance. The Bank is now working in more than 100 developing economies, bringing a mix of finance and ideas to improve living standards and eliminate the worst forms of poverty. For each of its clients, theBank works with government agencies, nongovernmental organizations, and the private sector to formulate assistance strategies. Its country offices worldwide deliver the Bank's program in countries, liaise with government and civil society, and work to increase understanding of development issues.