This article examines the export-led growth model currently proposed for developing countries by major lending institutions, such as the World Bank, the International Monetary Fund (IMF), and US Agency for International Development (USAID), from a regional perspective. It focuses on Costa Rica and Zimbabwe within the context of regional cooperation in Central America and Southern Africa, respectively. The findings suggest that problems resulting from this model can be reduced if the promotion of nontraditional exports is addressed within the context of broader development strategies and regional cooperation.
ASJC Scopus subject areas
- Geography, Planning and Development
- Sociology and Political Science
- Economics and Econometrics