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1 – 10 of over 1000J.A.F. Nicholls, Marlene Lyn‐Cook and Sydney Roslow
Many less developed countries depend on a few traditionalcommodities for their foreign exchange earnings. These exports aresubject to the vagaries of the world commodity markets…
Abstract
Many less developed countries depend on a few traditional commodities for their foreign exchange earnings. These exports are subject to the vagaries of the world commodity markets which have declined in the 1980s. To bolster their dwindling foreign sales, some emerging nations have sought to foster new, non‐traditional exports. We examine the experience of Jamaica in its identification and targeting of such products for export. The actions adopted by the public sector for increasing export‐led growth and the corollary reactions of the private sector are ancillary but key considerations because these, in turn, develop general strategies for exporting non‐traditional products.
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Kenneth Appiah, Collins Osei, Habte Selassie and Ellis Osabutey
The nature of international markets and the challenges with respect to the competitiveness of small- and medium-sized enterprises (SMEs) makes it imperative to examine government…
Abstract
Purpose
The nature of international markets and the challenges with respect to the competitiveness of small- and medium-sized enterprises (SMEs) makes it imperative to examine government support. This study aims to assess the role and effectiveness of government and the export promotion agencies in supporting exports by non-traditional horticultural SMEs in Ghana.
Design/methodology/approach
The study used a qualitative research design, which involved semi-structured interviews with senior managers of six export facilitating institutions to gain an understanding of the services offered to SMEs with respect to exports of non-traditional horticultural products.
Findings
The findings reveal inadequate cost-efficient sources of non-traditional horticultural export financing for SMEs. This is a hindrance to the international competitiveness of exporting SMEs in developing countries such as Ghana. In addition, effective and coordinated support from export promotion agencies was found to be critical.
Originality/value
The study highlights the importance of government’s role in policymaking and implementation of export-led programmes for horticultural exporting firms in Ghana. Despite their strategic importance, this area of research has not attracted the attention of researchers, with little or no information on the horticultural international competitiveness of non-traditional horticultural products.
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In order to provide a better understanding of export financing in Ghana this exploratory study was undertaken on a sample of non‐traditional exporting firms and selected banks…
Abstract
In order to provide a better understanding of export financing in Ghana this exploratory study was undertaken on a sample of non‐traditional exporting firms and selected banks. The focus is on export financing in Ghana. Ghanaian exporters hardly obtain finance for export operations. Interest rates are high, and financial institutions prefer granting short‐term credit to medium or long‐term credit, and investing in government treasury bills and bonds rather than lending to small and medium‐sized firms. Small and medium‐sale exporters hardly meet the requirements of banks to access credit, especially collateral. Default on loans has been high. Exporters need to be more responsible in funds utilization, just as the financial institutions have to be more exporter‐friendly to ensure the success of the national export‐led growth strategy. The recent (2000) Export Development and Investment Act is likely to provide greater access to export finance for exporting firms.
Sergio-Andres Pulgarin-Molina, Andres Mauricio Castro, Alejandra Ballesteros and Juan Manuel Barrera
This paper aims, first, to advance the current understanding about the impact of innovation in non-traditional exports, and, second, to provide insights about the structure of…
Abstract
Purpose
This paper aims, first, to advance the current understanding about the impact of innovation in non-traditional exports, and, second, to provide insights about the structure of emergent economies often not regarded by traditional innovation and export theories.
Design/methodology/approach
A longitudinal analysis using panel data based on Box Jenkins’ theory was conducted, so to identify statistically significant variables on export performance, regarding expenditure on research, development and innovation (R&D + I) activities, ICT and specialized training and formation.
Findings
This study suggests the need to design public policies aimed at stimulating innovation in potential export sectors, as a mechanism for competitive development and growth in emergent economies such as Colombia.
Originality/value
The introduction of innovations in goods and services exports has become more important in economies, such as the Colombian ones, where globalization openness processes force to establish minimum competitiveness levels regarding the international standards.
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Luis V. Dominguez and Carlos G. Sequeira
Investigates export marketing performance and internationalisationstrategies of Central American firms engaged in non‐traditional exportsto developed countries. A five‐country…
Abstract
Investigates export marketing performance and internationalisation strategies of Central American firms engaged in non‐traditional exports to developed countries. A five‐country survey of Central American firms identified three patterns of export performance. Each performance pattern is associated with distinct marketing strategies and organisational characteristics. The evidence is consistent with the notion of a stage‐wise internationalisation process. The discussion points out how the transition from low‐price and cost‐oriented exporting to differentiated marketing poses hurdles which many currently successful exporters have yet to overcome.
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Robert Hinson and Olav Sorensen
The digital divide is supposed to place disadvantaged economies like Ghana in a position where using information and communication technology for development might not be an…
Abstract
Purpose
The digital divide is supposed to place disadvantaged economies like Ghana in a position where using information and communication technology for development might not be an immediate reality. The purpose of this current study is to argue that the adoption of e‐business practices has benefit for small Ghanaian exporters' organizational improvement, and begin a first‐level investigation in that regard.
Design/methodology/approach
This study was exploratory and focused on a sample of active, non‐traditional exporters in Accra. This sample represented the best typology of small export firms in Ghana that had been regular exporters from 2000‐2004. In all, 60 firms responded to questionnaires on e‐business and exporting. Analysis of the data was mainly by means of descriptive statistics.
Findings
One‐way ANOVA analysis revealed that the export firm internationalization (measured by export intensity) has no bearing on the level of e‐business involvement or perceptions of the strategic value of e‐business. However, export firms who were more involved in e‐business had a higher perception of the usefulness of e‐business to their export operation. One‐way ANOVA analysis also revealed that for the export firms involved in some e‐business activity, the more internationalized they were, the more importance they attached to e‐business as providing some sort of organizational improvement leverage.
Practical implications
Given the exploratory nature of this study, more research is needed to study internal and external barriers to e‐business adoption by these firms, as well as the relationship between e‐business adoption and performance.
Originality/value
One of the first e‐business studies focusing on export firms on the disadvantaged end of the digital divide.
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For five surprising years, from 1968 to 1973, Peru achieved the near miracle of social reform combined with good economic growth. As if in revenge, the classic catastrophes that…
Abstract
For five surprising years, from 1968 to 1973, Peru achieved the near miracle of social reform combined with good economic growth. As if in revenge, the classic catastrophes that have plagued so many Latin American countries when they have tried to move in new directions then surged up to stop the process: a foreign exchange crisis, accelerating inflation, paralysed growth, rising unemployment, and intensified social conflict. Was all this necessary? What might have been done better? And what might be done now to resume growth without further taking apart the reforms?
Anthony Kyereboah‐Coleman and Nicholas Biekpe
The purpose of this paper is to examine how corporate governance affects performance of firms in the non‐traditional export (NTE) sector in Ghana.
Abstract
Purpose
The purpose of this paper is to examine how corporate governance affects performance of firms in the non‐traditional export (NTE) sector in Ghana.
Design/methodology/approach
Panel data covering the ten‐year period 1995‐2004 were analyzed within the generalized least squares (GLS) framework.
Findings
For efficient performance, firms in the NTE sector in Ghana should have indigenous ownership and must ensure more non‐executive directors on their boards.
Research limitations/implications
More indicators of corporate governance are needed, due to the fact that corporate governance embraces a broader set of indicators.
Practical implications
There are practical implications for both academics and practitioners.
Originality/value
Provides an examination of the link between corporate governance and the performance of the NTE sector, which has hitherto not been researched.
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This article evaluates contemporary Cuban economic policy and development prospects after a decade of market experimentation in a socialist context. An introductory historical…
Abstract
This article evaluates contemporary Cuban economic policy and development prospects after a decade of market experimentation in a socialist context. An introductory historical review assesses the successes and failures of Cuban development policy in the 1970s and 1980s and describes the staggering dimensions of the economic crisis triggered by the abrupt disruption of Cuba's relations with the Soviet bloc in 1989–1991. The next section, “To the market in the 1990s,” examines Cuban efforts to stabilize the economy in the early 1990s while maintaining a strong social safety net. The historic policy shift toward limited market liberalization within a state-dominated economy is analyzed and the key market concessions described. The economic turnaround of the late 1990s and Cuban macroeconomic and industrial performance over the past decade are then examined. The final part of the article evaluates the coherence and sustainability of Cuba's emerging economic model and assesses prospects for the survival of some form of Cuban socialism.