export led growth

• What do governments tend to want for economic growth?

  Export led growth
• What are the potential benefits of export led growth?

  Economic growth, high employment, improved current account
• What negative effect could export led growth lead to?

  Inflation
• Have UK governments been successful in achieving export initiatives?

  No, they have been unable to achieve this
• What are the implications of export led growth for a country's economy?

  • Causes economic growth
  • Increases employment levels
  • Improves current account balance
  • May lead to inflation