Translation of "économie de mono-exportation " (French → English) :

Export-enclave economy

export-led economy

Federal Office for Economic Affairs and Export Control | Federal Office of Economics and Export Control | BAFA [Abbr.]

What are the key findings of the study for the EU economy and exports?

The reform boosted beneficiary countries' exports and FDI, and supported export diversification of many countries.

Observes that agricultural investment policies mostly focus on large-scale land acquisitions and on export-oriented agriculture that is usually unrelated to local economies; notes that the development of extensive irrigation in the targeted geographical investment areas of NAFSN may reduce water availability for other users, such as small-scale farmers or pastoralists; stresses that under those circumstances the ability of mega-PPPs to contribute to poverty reduction and food security must be critically assessed and improved; emphasises that agricultural investment policies should be linked to and should support the development of the ...[+++] local economy, including smallholders and family farming; recalls that the FAO Tenure Guidelines recommend secure access to land in order to allow families to produce food for household consumption and to increase household income; stresses the need to base large-scale land-based investment in Africa on these guidelines, ensuring smallholders’ and local communities’ access to land, promoting local SME investment. and ensuring that PPPs contribute to food security and to reducing poverty and inequality.

Export controls represent a key competitive factor, as Europe's economy shifts towards innovative high value-added manufacturing, and European value chains are integral parts of global value chains.