Evaluation of the implementation of national export developement strategy : case study of the Republic of Lithuania

Abstract

As a result of globalization and the changing business environment a lot of business companies have to undergo a deep transformation process to become more international in their export. Export is a key determinant in achieving economical growth of the state and a higher level of competition in the domestic market, but there is no proof that export promotion made by the state is efficient to stimulate export activities. The article aims to evaluate Export Development Strategy of the Republic of Lithuania for 2009-2013 and its implementation. The article evaluates the implementation of export strategy of the Republic of Lithuania through a survey and measures the production capacity of the industrial sector in Lithuania. The research findings show that a small part of industrial companies could effectively facilitate the state export encouragement measures because of their lack of production capacity.