Policy approaches to stimulate exports
The case of Georgia
Bibliographic Data
| ID | 21505780 |
|---|---|
| Authors | Andreas Klasen (0000-0003-0364-8374, Oxford Smith School University of Oxford Oxford UK, corresponding author), Tengiz Lomitashvili (TBSC Consulting Tbilisi Georgia), Kristian Rosbach (Asian Development Bank Manila Philippines), Kiyoshi Taniguchi (Asian Development Bank Manila Philippines) |
| Year | 2024 |
| Volume | 44 |
| Issue | 3 |
| Pages | 150-156 |
| Publication date | 2024-08-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Public Administration and Development (JOURNAL) |
| Journal identifiers | ISSN: 0271-2075 • E-ISSN: 1099-162X |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1002/pad.2045 |
| OpenAlex | W4393193285 |
| Language | EN |
| Citations received | 1 |
| References cited | 19 |
This report examines exporters’ challenges and possible solutions for public intervention to promote foreign trade. Based on fieldwork conducted in Georgia, we explore which policy approaches can help to stimulate Georgian exports further. Our outcomes show that exporters face substantial barriers such as navigating complex trade regulations, lack of knowledge about target markets, trade finance gaps, as well as new export promotion programs (EPPs) in competitor countries. Other upper‐middle‐income countries can learn from our results that exporters can significantly benefit from a comprehensive export promotion strategy combined with an ecosystem‐based “team” approach. EPPs related to awareness and capacity building in Georgia should be part of this strategy, focusing on challenges such as a lack of knowledge about trade practices and international business skills. Other EPPs must help to mitigate related market failures, as information gathering is costly, and firms have no incentive to share this information with competitors. Furthermore, targeted marketing support and customer matchmaking can answer Georgian exporters’ challenges, such as lack of market access and low sector visibility. Our results also show that public intervention through financial support and risk mitigation is essential for firms with an international orientation. The high‐quality, rich outcomes provide significant value for other upper‐middle‐income countries by exploring the example of Georgia’s contemporary circumstances in an in‐depth manner based on extensive interviews and document analysis. Limitations include that our work primarily relies on qualitative data and further research could involve a quantitative study with a diverse range of sectors
Economics · International economics · Political science · Economic Growth and Productivity · Global trade and economics · Russia and Soviet political economy
| Citations per year | 1 |
|---|---|
| Citation span | 2025 - 2025 (1) |
| Highly cited | No |