Urgent Essay Help-Export oriented industrialization strategy
Compare simultaneity the two case countries (do not evaluate each country separately) by discussing the following aspects:
What is the country terms of trade?
Discuss ratio of the total of exports to GDP. Then , total industrial exports to GDP. Compare these ratios for the two nations. The goal is to see the exports (mainly manufactured goods) achieve export-led growth?
Assess whether export of manufactured products used to substitute the export of primary products.
Does export-led growth improve the case country’s foreign-currency finances? In other words, after paying for imports are currency reserves left to support the government finances?
Discuss which country had benefited more from the Export-Oriented Industrialization Strategy, in terms of boosting (i) GDP ; (ii) financing import by exported manufactured good; (iii) currencies reserves generated from exports; (iv) the increase of export of manufactured goods compared to raw materials goods; and (vi) the attractiveness of FDI operating in manufactured goods exporting sectors.