Transcription of CHAPTER 5 ECONOMIC DIVERSIFICATION: LESSONS FROM …
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135 CHAPTER 5 ECONOMIC DIVERSIFICATION: LESSONS FROM PRACTICEC ontributed by the World Bank Group1 Abstract: ECONOMIC diversification remains a challenge for most developing countries and is arguably greatest for countries with the lowest incomes as well as for those whose economies are small, landlocked and/or dominated by primary commodity dependence. For such countries, ECONOMIC diversification is inextricably linked with the structural transformation of their economies and the achievement of higher levels of productivity resulting from the movement of ECONOMIC resources within and between ECONOMIC sectors.
Figure 5.1. Export diversification in Sub-Sharan Africa, 2017 0 0.2 0.4 0.6 0.8 1 South Africa Namibia Mozambique Kenya Tanzania Senegal Madagascar Togo Uganda Benin Sierra Leone Rwanda Mauritania Lesotho Côte d'Ivoire Somalia Congo, Dem. Rep. CAR Cameroon Sudan Liberia Ghana Zimbabwe Burundi Gambia Malawi Guinea Gabon Zambia Equatorial Guinea ...
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