FDI, AGOA and Manufactured Exports by a Landlocked, Least Developed African Economy: Lesotho.
Lesotho, a resource-poor country located inside South Africa, is now Africa's largest exporter of apparel to the U.S. Its performance, very unusual for Africa, relies heavily on Asian investors and trade privileges. This article traces the origins of FDI in Lesotho and the determinants of its e...
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| Format: | Working paper |
| Language: | English |
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QEH (University of Oxford)
2003
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| _version_ | 1797104424986869760 |
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| author | Lall, S |
| author_facet | Lall, S |
| author_sort | Lall, S |
| collection | OXFORD |
| description | Lesotho, a resource-poor country located inside South Africa, is now Africa's largest exporter of apparel to the U.S. Its performance, very unusual for Africa, relies heavily on Asian investors and trade privileges. This article traces the origins of FDI in Lesotho and the determinants of its export competitiveness, showing that apparel production suffers from low productivity, poor skills and weak local links. Its prospects after AGOA (the African Growth and Opportunities Act) remain uncertain unless the government addresses these structural problems. Lesotho holds important lessons for industrial development in Africa, going beyond creating a good investment environment. |
| first_indexed | 2024-03-07T06:33:36Z |
| format | Working paper |
| id | oxford-uuid:f6dbae95-7864-4260-8eb4-d4a596c464a5 |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-07T06:33:36Z |
| publishDate | 2003 |
| publisher | QEH (University of Oxford) |
| record_format | dspace |
| spelling | oxford-uuid:f6dbae95-7864-4260-8eb4-d4a596c464a52022-03-27T12:38:06ZFDI, AGOA and Manufactured Exports by a Landlocked, Least Developed African Economy: Lesotho.Working paperhttp://purl.org/coar/resource_type/c_8042uuid:f6dbae95-7864-4260-8eb4-d4a596c464a5EnglishDepartment of Economics - ePrintsQEH (University of Oxford)2003Lall, SLesotho, a resource-poor country located inside South Africa, is now Africa's largest exporter of apparel to the U.S. Its performance, very unusual for Africa, relies heavily on Asian investors and trade privileges. This article traces the origins of FDI in Lesotho and the determinants of its export competitiveness, showing that apparel production suffers from low productivity, poor skills and weak local links. Its prospects after AGOA (the African Growth and Opportunities Act) remain uncertain unless the government addresses these structural problems. Lesotho holds important lessons for industrial development in Africa, going beyond creating a good investment environment. |
| spellingShingle | Lall, S FDI, AGOA and Manufactured Exports by a Landlocked, Least Developed African Economy: Lesotho. |
| title | FDI, AGOA and Manufactured Exports by a Landlocked, Least Developed African Economy: Lesotho. |
| title_full | FDI, AGOA and Manufactured Exports by a Landlocked, Least Developed African Economy: Lesotho. |
| title_fullStr | FDI, AGOA and Manufactured Exports by a Landlocked, Least Developed African Economy: Lesotho. |
| title_full_unstemmed | FDI, AGOA and Manufactured Exports by a Landlocked, Least Developed African Economy: Lesotho. |
| title_short | FDI, AGOA and Manufactured Exports by a Landlocked, Least Developed African Economy: Lesotho. |
| title_sort | fdi agoa and manufactured exports by a landlocked least developed african economy lesotho |
| work_keys_str_mv | AT lalls fdiagoaandmanufacturedexportsbyalandlockedleastdevelopedafricaneconomylesotho |