Export Diversification, International Trade, and Economic Growth: A Survey of the Literature

  • Juan Felipe Mejía
Part of the Contributions to Economics book series (CE)


Since the very beginning of the 1990s, Colombian policy-makers introduced a new approach towards the national economic development: As stated by Ocampo and Villar (1992), the so-called “Modernization and Internationalization Program” was officially launched, encouraging national industries to face competition in the international markets. Just in the same direction of other developing nations, this initiative has been vigorously defended ever since, based on an expected positive correlation between economic growth and an increased openness of the country to foreign trade.


Total Factor Productivity Free Trade Comparative Advantage Trade Policy Trade Theory 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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© Physica-Verlag HD 2011

Authors and Affiliations

  1. 1.School of Business AdministrationEAFIT UniversityMedellínColombia

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