Should developing countries focus on diversifying their export basket or should they instead specialize their exports according to their existing comparative advantage? In this paper we attempt to answer this question by reviewing the literature on export diversification and specialization, by...

Should developing countries focus on diversifying their export basket or should they instead specialize their exports according to their existing comparative advantage? In this paper we attempt to answer this question by reviewing the literature on export diversification and specialization, by...

Since the 1990s, there has been a considerable increase in the use ofcomputable general equilibrium (CGE) models in South Africa to study avariety of policy issues, specifically, development plans, agriculturalprogrammes, tax policy and international trade. This study asks: What isthe state of...

Should developing countries focus on diversifying their export basket or should they instead specialize their exports according to their existing comparative advantage? In this paper we attempt to answer this question by reviewing the literature on export diversification and specialization, by...

Although non-farm enterprises are ubiquitous in rural Sub-Saharan Africa, little is yet known about them. The motivation for households to operate enterprises, how productive they are, and why they exit the market are neglected questions. Drawing on the Living Standards Measurement Study --...

Entrepreneurship in advanced economies is in decline. This comes as a surprise: many scholars have anticipated an upsurge in entrepreneurship, and expected an "entrepreneurial economy" to replace the post-WW2 "managed" economy. Instead of the "entrepreneurial economy" what has come into being...

This paper provides a selective overview of destructive digital entrepreneurship. The concept is defined and elaborated in the context of the digital revolution post World War II. It is pointed out that the digital revolution was captured by the corporate sector: the incentives for unproductive...