EXPORT PROMOTION IN A REGIONAL CONTEXT - CENTRAL-AMERICA AND SOUTHERNAFRICA

This article examines the export-led growth model currently proposed f or developing countries by major lending institutions, such as the Wor ld Bank, the International Monetary Fund (IMF), and US Agency for Inte rnational Development (USAID), from a regional perspective. It focuses on Costa Rica and Zimbabwe within the context of regional cooperation in Central America and Southern Africa, respectively. The findings su ggest that problems resulting from this model can be reduced if the pr omotion of nontraditional exports is addressed within the context of b roader development strategies and regional cooperation.