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Conclusion
This brief article has tried to show that in order to understand the current
Surinam trade promotion diplomacy we need trace a logical, consistent line
of thought, of ideology. This line is difficult to find when the country is
undergoing a takeoff face within a delicate historical, political, and
economical context. I was not able to discuss other important topics like
capacity of the government to provide a high degree of transparency on its
actions trough providing useful information. Nevertheless I have shown that
on the front of trade promotion the government tries to provide this
transparency and accountability trough giving more focus on public private
partnerships, providing producers, potential and existing exporters with
centralized public-private services through institutions like Hi-Ex Suriname
and the IDCS. The open and small size of the Suriname economy makes it
vulnerable to changes in international prices of commodities. These changes
had in the past negatively influenced the investment in certain important
sectors like agriculture. But this is changing. As Suriname gets more known
or recognized on international level, the tourism starts to play a growing role
of importance as a great source of GDP growth. Now that the government
has reoriented its policies towards a more diversified export economy, which
is also reflected in its trade diplomacy, it is highly likely that the economic
outlook as demonstrated above will materialize. But not without the systemic
barriers that are related to the stage of development as demonstrated by the
Rostow model analysis. The barriers are more prevalent at national level with
respect to the management and coordination of the internal institutional and
legal structures and the creation of a local business friendly environment.
Due to the smallness of the Surinam economy we need not to worry about its
effect on the international market like other big emerging countries would.
So the key to its development lays at the sound macro-economic policies at
home and the ability to attract investment and international publicity trough
nation branding, presidential diplomacy and commercial diplomacy.
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