A Comprehensive Trade And Development Policy For The Countries Of Africa

Author : Albert G. Zeufack,Fulbert Tchana Tchana,Aly Sanoh
Publisher : Taylor & Francis
Page : 307 pages
File Size : 43,5 Mb
Release : 2024-04-05
Category : Business & Economics
ISBN : 9781040006023

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Making the African Continental Free Trade Agreement a Success by Albert G. Zeufack,Fulbert Tchana Tchana,Aly Sanoh Pdf

In 2019, African heads of state and governments launched in fanfare the African Continental Free Trade Agreement (AfCFTA), a historic agreement for economic transformation across the continent. But now comes the hard bit: how to make the agreement a success? In this book, senior experts from across the world come together to provide a comprehensive analysis of the conditions needed for AfCFTA to successfully spur economic development in Africa. It puts forward three foundations for success: demography dividend, digital economy, and economic diversification. In addition to trade policy, the book recommends that African policymakers should strengthen fiscal and monetary policy coordination, adopt and implement the appropriate regulatory environment, and build suitable connectivity infrastructure. The stakes are high. If implemented correctly, the book argues that AfCFTA could speed up trade within Africa, which could double every five years. Success would mean growth, investment, changing trade patterns, jobs, economic transformation, poverty reduction, and a continental market for services. Driven by concrete, evidence-based strategies for long-term growth, this book is an essential read for policy makers, development practitioners, economics researchers, and everyone with an interest in the future of Africa.

Author : David Olusanya Ajakaiye,T. Ademola Oyejide
Publisher : Routledge
Page : 386 pages
File Size : 41,7 Mb
Release : 2012-03-12
Category : Business & Economics
ISBN : 9781136595752

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Trade Infrastructure and Economic Development by David Olusanya Ajakaiye,T. Ademola Oyejide Pdf

There is growing consensus in the literature that trade and trade policy matter for a pro-poor growth and development strategy. Therefore, policies that are consistent with this strategy feature increasingly in many African countries where poverty is endemic and rapid and where sustainable economic growth is viewed as the major vehicle for poverty reduction. Key elements of these polices include measures that promote the expansion and diversification of production and trade in Africa. This book is aimed at articulating appropriate structural and policy measures for eliminating the constraints that African countries face and thus ensuring that they can derive maximum benefits from all available market access opportunities. There is evidence that most African countries face external market access barriers in their major export destinations which are generally less constraining than those confronting countries in other developing country regions. Yet, they have generally not been able to take full advantage of the special (preferential) market access opportunities available to them. This suggests that improved external market access, whether reciprocal or preferential, would not, by itself, be sufficient for strengthening African export performance. In this collection, export supply response capacity takes external (beyond-the-border) factors as given and concentrates primarily on the internal (behind-the-border) factors that influence production and distribution costs and, thus, competitiveness. The central working hypothesis of this book is that the inability of domestic producers and exporters in Africa to respond quickly, effectively and efficiently to external market access opportunities is caused by various limitations of their internal supply capacity and that this, in turn, is largely responsible for the lacklustre export performance of many African countries. This comprehensive study should be of interest to students and researchers of international trade and development economics as well as African studies.

Author : Moyo, Theresa
Publisher : CODESRIA
Page : 406 pages
File Size : 42,8 Mb
Release : 2015-03-02
Category : Business & Economics
ISBN : 9782869785717

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Trade and Industrial Development in Africa by Moyo, Theresa Pdf

This book revisits the perennial challenge that scholars, economists, and politicians have been grappling with since the 1960s. Development, in this book, has been defined in a context that projects it as a multidimensional and complex process which seeks to enhance the human, social, economic and cultural welfare of the people. This book calls for a rethinking of trade and industry for Africa's development. It uses data drawn from national development plans and strategies, and trade and industry issues have been prioritized at the continental level, in key policy documents. On the whole Africa's industry and trade performance have been poor in spite of national, regional, and continental plans. The contributors to this volume propose some alternative strategies and policies which are necessary for trade and industry to grow and to contribute to the well-being of Africa's people. It calls for a developmental trade and industry policy which, fundamentally, must be people-centred. African states should invest time, energy and resources to develop policies which will take into consideration African realities.The different contributors are aware that Africa has experienced strong economic growth in the recent past but this growth has largely been due to a strong demand for Africa's primary commodity exports. It has also been a result of increases in productivity and domestic investment and remittances from Africans living in the Diaspora. It is important to note that despite this unprecedented growth performance, the impact of trade and industry on development has been limited. The book argues that a structural transformation of Africa's economies is inevitable if Africa is to achieve the shift from the dominant paradigm of production and export of primary goods. The various contributors to this book agree that there is need to rethink policy and strategy in order to achieve industrial development in Africa. There is no unique solution or answer that can fit all situations as African countries are not the same. While Africa can draw lessons from other regions which have successfully industrialized, this book argues that policies and strategies will have to be adapted to country-specific situations and circumstances.

Author : Gbadebo O.A. Odularu,Mena Hassan,Musibau Adetunji Babatunde
Publisher : Springer Nature
Page : 223 pages
File Size : 40,8 Mb
Release : 2020-03-09
Category : Business & Economics
ISBN : 9783030366322

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Fostering Trade in Africa by Gbadebo O.A. Odularu,Mena Hassan,Musibau Adetunji Babatunde Pdf

This book discusses trade relations and facilitation issues at both the regional and the continental African level, highlighting the increasing business opportunities and challenges that confront Africa in the digital age. It also examines the effects of trade policies and other policy instruments on Africa’s economic development and presents workable policy measures for a more business-friendly ecosystem. Discussing various topics, including trade relations between African countries, African and international trade agreements, and trade liberalization policies, the book appeals to scholars of economics, business and management as well as professionals and policymakers interested in fostering free trade and sustainable business development in Africa.

Author : Yenkong Ngangjoh-Hodu,Francis A.S.T. Matambalya
Publisher : Routledge
Page : 420 pages
File Size : 40,5 Mb
Release : 2009-10-16
Category : Business & Economics
ISBN : 9781135193492

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Trade Relations Between the EU and Africa by Yenkong Ngangjoh-Hodu,Francis A.S.T. Matambalya Pdf

Trade liberalisation and openness, as linchpins for development have been flagships of conventional economic policy advices to most African countries over the last few decades. Much of the orientation of the focus however has been on the impact of international trade on development rather than the requirements that development should inform the shaping of the international trading system so that African countries may be able to benefit from such trade. This view has permeated both academic debate and the Economic Partnership Agreement (EPA) Negotiation between the European Commission and groups of African Caribbean and Pacific (ACP) States. This timely volume advances an alternative set of inter-related, interdisciplinary perspectives and debates which contribute to overlapping genres and discourses, notably how rules of origins may stifle the development dimension of EPAs, how special agricultural safeguards may be used in balancing the effects of trade liberalisation on small farm holders in Africa. It also discusses the centrality of aid for trade in trade negotiations, and mainstreaming development in the EPAs debate to enhance domestic supply side in Africa and the various regional integration processes in the region. This book focuses on areas of trade that may inform the development dimension of international trade. With this edited volume, a team of specialists provide a comprehensive survey of ACP –EU trade and Africa trade relation in the global context, placing it in its legal, economic and political contexts. The book innovative approach coupled with a stimulating and accessible writing style, allows the reader to engage fully with the content. It will be of most value to students, scholars and related policymakers of international, development and trade economics.

Author : Evelyn F. Wamboye,Bichaka Fayissa
Publisher : Springer Nature
Page : 1142 pages
File Size : 44,8 Mb
Release : 2022-05-27
Category : Business & Economics
ISBN : 9783030755560

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The Palgrave Handbook of Africa’s Economic Sectors by Evelyn F. Wamboye,Bichaka Fayissa Pdf

This handbook provides a reference resource to showcase insightful and nuanced perspectives on Africa’s agriculture, industry, services, and manufacturing sectors; factors affecting the sectors’ competitiveness; and the sectors’ contribution to employment, economic growth, and sustainable development. It also addresses the potential benefits that the sectors could harness from the planned Continental Free Trade Area (CFTA), and in particular how CFTA could increase the efficiency and competitiveness of these sectors. This book provides evidence-based holistic analyses of the past and current state of Africa’s economic sectors, with a strong emphasis on tangible and specific policy recommendations for the purpose of enhancing future economic growth, employment, and sustainable development of the continent. It also assesses the impact of the first-ever Continental Free Trade Area in Africa, and its potential implications for Africa’s integration into regional and global economy and competitiveness relative to other fast developing economies (such as those in Asia). This handbook gives an in-depth analysis of fundamental domestic factors that have relevance on the sectors’ expansion and growth and their contributions to employment, economic growth, and sustainable development in Africa with differential effects across the continent.

Author : Gbadebo Odularu,Bamidele Adekunle
Publisher : Springer
Page : 165 pages
File Size : 44,5 Mb
Release : 2017-01-26
Category : Business & Economics
ISBN : 9783319455693

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Negotiating South-South Regional Trade Agreements by Gbadebo Odularu,Bamidele Adekunle Pdf

This book provides a comprehensive analysis of South-South regional trade issues, with a particular focus on sustainably fostering Africa’s regional trade agenda. It examines the extent to which South-South regional trade agreements (RTAs) have contributed toward enhancing regional integration and economic expansion in Africa in particular, and in the South in general. The authors recommend new conceptual frameworks, appropriate initiatives, and workable policy recipes to help South-South RTAs enhance Africa’s economic transformation trajectory. The book underscores the geo-politics, as well as the opportunities and challenges that emerging economies now represent for Africa in the context of South-South regional trade policy. Readers will learn how Africa can strengthen its regional trade game by securing and building on the positive outcomes of South-South RTAs.

Author : United States. President (2001-2009 : Bush)
Publisher : Unknown
Page : 140 pages
File Size : 52,9 Mb
Release : 2005
Category : Africa, Sub-Saharan
ISBN : MINN:31951D02480453Y

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2005 Comprehensive Report on U.S. Trade and Investment Policy Toward Sub-Saharan Africa, Et Al by United States. President (2001-2009 : Bush) Pdf

Author : Gerrit Faber,Jan Orbie
Publisher : Routledge
Page : 405 pages
File Size : 51,8 Mb
Release : 2009-06-17
Category : Business & Economics
ISBN : 9781134015795

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Beyond Market Access for Economic Development by Gerrit Faber,Jan Orbie Pdf

Starting from the observation that the establishment of free trade as such will substantially impact upon economic development, the different contributions focus on the potential contribution of non-traditional aspects of EPAs.

Author : Charles Chukwuma Soludo,Michael Osita Ogbu,Ha-Joon Chang
Publisher : IDRC
Page : 376 pages
File Size : 45,5 Mb
Release : 2004
Category : Africa
ISBN : 9781592211654

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The Politics of Trade and Industrial Policy in Africa by Charles Chukwuma Soludo,Michael Osita Ogbu,Ha-Joon Chang Pdf

This book maps the process and political economy of policy making in Africa. It's focus on trade and industrial policy makes it unique and it will appeal to students and academics in economics, political economy, political science and African studies. Detailed case studies help the reader to understand how the process and motivation behind policy decisions can vary from country to country depending on the form of government, ethnicity and nationality and other social factors.

Author : J. H. Frimpong-Ansah,S. M. Ravi Kanbur,Peter Svedberg,Rockefeller Foundation,Centre for Economic Policy Research (Great Britain),Commonwealth Secretariat
Publisher : St. Martin's Press
Page : 432 pages
File Size : 46,5 Mb
Release : 1991
Category : Business & Economics
ISBN : STANFORD:36105035098271

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Trade and Development in Sub-Saharan Africa by J. H. Frimpong-Ansah,S. M. Ravi Kanbur,Peter Svedberg,Rockefeller Foundation,Centre for Economic Policy Research (Great Britain),Commonwealth Secretariat Pdf

Results of a research project on "Trade and Development in Sub-Saharan Africa", organized by the Rockefeller Foundation, the Centre for Economic Policy Research and the Commonwealth Secretariat. Papers focus on export performance, the international trade system and the effects of various policies.

Author : Anonim
Publisher : DIANE Publishing
Page : 27 pages
File Size : 47,8 Mb
Release : 2024-07-02
Category : Electronic
ISBN : 9781428953758

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A comprehensive trade and development policy for the countries of Africa by Anonim Pdf

Author : Henry Kyambalesa,Mathurin C. Houngnikpo
Publisher : Ashgate Publishing, Ltd.
Page : 226 pages
File Size : 50,7 Mb
Release : 2006-01-01
Category : Business & Economics
ISBN : 0754646033

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Economic Integration and Development in Africa by Henry Kyambalesa,Mathurin C. Houngnikpo Pdf

The debates over what African economic integration and development actually entails continue across international economic organizations, national governments and NGOs. Looking closely at these processes, this book combines theory with application, enumerating the imperatives and initiatives governments will be forced to confront and provides insights for policy makers, inter-governmental organizations and educators and students in African development.

Author : World Trade Organization. China Round Table
Publisher : Cambridge University Press
Page : 511 pages
File Size : 52,6 Mb
Release : 2016-09-29
Category : Business & Economics
ISBN : 9781107174474

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African Perspectives on Trade and the WTO by World Trade Organization. China Round Table Pdf

Twenty-first-century Africa is in a process of dynamic economic transformation. However, challenges remain in areas such as structural reform, governance, market turbulence, commodity pricing, and geopolitics. There is a critical need for African economies to assess growth models and strategies to foster increased, sustained, and inclusive growth. The book contributes to contemporary debate on key questions facing the continent, such as: How can Africa achieve deeper integration into the rules-based multilateral trading system and the global economy? What approaches and next steps are possible, according to economic and trade policymakers? What supportive roles can multilateral and regional institutions play? This volume is a product of the Fourth China Round Table, which took place during the WTO's Tenth Ministerial Conference, held in Kenya in December 2015. Supported by independent expert analyses, the book proposes a range of African perspectives on the role of trade, the WTO, and its future agenda.

Author : Organisation for Economic Co-operation and Development
Publisher : OECD Publishing
Page : 98 pages
File Size : 40,7 Mb
Release : 1999
Category : Business & Economics
ISBN : STANFORD:36105021834499

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Trade, Investment and Development by Organisation for Economic Co-operation and Development Pdf

This report identifies how OECD countries can promote policy coherence by improving the framework for international investment and capital flows; addressing environmental concerns; facilitating developing country participation in the global information society; and enhancing the coherence of policy.