Export-Oriented Growth (EOG)

Export-oriented Growth (EOG) is an economic strategy that is based on the idea of encouraging the export of goods and services out of a country in order to drive economic growth. This strategy is used by many countries in order to support economic expansion and job growth. The goal of this strategy is to increase the nation’s overall competitiveness by devoting resources towards increasing the quality and quantity of their exports. This can be done through cutting trade barriers, promoting foreign direct investment, and encouraging a favorable exchange rate structure. After implementing such measures, the nation’s exports are expected to increase, which should result in an economic boost in terms of jobs and profits.