Export-led Growth

Ricardo Hausmann

No 231, Growth Lab Working Papers from Harvard's Growth Lab

Abstract: In this paper, I argue that a focus on exports, both at the intensive margin (where existing products increase their volume), but especially at the extensive margin (where new products start being exported), can help countries figure out what policies to adopt in order to achieve sustained growth. I present five stylised facts about growth and its trends in the decades that followed the Washington Consensus.

Keywords: Washington Consensus; Economic Complexity (search for similar items in EconPapers)
Date: 2024-07
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