Trade Liberalisation And Economic Development In Africa

Author : Gift Mugano
Publisher : Routledge
Page : 258 pages
File Size : 55,5 Mb
Release : 2021-09-30
Category : Business & Economics
ISBN : 9781000457919

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Trade Liberalisation and Economic Development in Africa by Gift Mugano Pdf

This book provides a thorough and rigorous discussion on the impact of trade liberalisation on economic development with a special focus on the African continent. The author presents the rationale for trade liberalisation, trade liberalisation frameworks, the trade liberalisation economic development nexus, impediments to trade, and contemporary issues of international trade. In this book, notwithstanding the benefits from trade liberalisation, the author shows that African trade as a share of global trade has remained flat at 3% as in 1975, while the continent’s exports have remained raw materials and its intra-regional trade at less than 15% of total trade, which is the lowest in the world (UNCTAD, 2020). With respect to key economic development indicators such as economic growth, poverty levels, and employment levels, this book shows that, ironically and in direct contrast with the conventional views that trade liberalisation alleviates poverty, trade liberalisation in Africa has resulted in high levels of unemployment and low economic growth which ultimately lead to increased poverty. In addition, this book provides a detailed analysis of why trade liberalisation has failed to yield meaningful benefits to Africa. The binding constraints and blockages which prevent positive spin-offs on trade liberalisation in Africa are discussed in detail in this book. In the same vein, the author provides practical strategies which must be adopted by African countries in order to gain from trade liberalisation, making this work a must-read for African governments, academia, trade experts, regional trading blocs, the World Trade Organization, and development partners. In view of this, and as part of the disruptive and structural transformation policies, the author discusses case studies and international experience contextualised to Africa as well as strategies for addressing the trade-related infrastructure gap, production capacities, export promotion, and aid for trade.

Author : Kwame Sundaram
Publisher : African Books Collective
Page : 36 pages
File Size : 52,6 Mb
Release : 2008-05-15
Category : Business & Economics
ISBN : 9782869783942

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Economic Liberalisation and Development in Africa by Kwame Sundaram Pdf

Sundaram notes that over three decades of economic stagnation, contraction and increased poverty have taken a huge toll on Africa's economic, social and political fabric; and pro-active efforts are urgently required in order to build new capacities and c

Author : United Nations Conference on Trade and Development (UNCTAD)
Publisher : United Nations
Page : 114 pages
File Size : 40,6 Mb
Release : 2008-09-15
Category : Political Science
ISBN : 9789211561883

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Economic Development in Africa 2008 by United Nations Conference on Trade and Development (UNCTAD) Pdf

This year’s report examines Africa’s export performance after trade liberalization in order to draw lessons for use in the design of future development strategies. It identifies Africa’s weak supply response as the most important impediment to the continent’s export performance, suggesting that future export policies should focus more on ways to increase production for export. The publication proposes some policies that could help Africa to refocus its development priorities on structural transformation in order to increase the continent’s supply capacity and export response.

Author : Gbadebo O.A. Odularu,Mena Hassan,Musibau Adetunji Babatunde
Publisher : Springer Nature
Page : 223 pages
File Size : 45,7 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 : Moyo, Theresa
Publisher : CODESRIA
Page : 404 pages
File Size : 41,8 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 : Gift Mugano
Publisher : Springer Nature
Page : 262 pages
File Size : 52,7 Mb
Release : 2021-11-05
Category : Business & Economics
ISBN : 9783030823115

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Special Economic Zones by Gift Mugano Pdf

This book provides a guide to the challenges of special economic zones. Focusing on Africa, while also discussing China, Taiwan, Dominican Republic, Malaysia, and South Korea, the impact on economic development of special economic zones is analysed to highlight the successes and failures of these zones. New emerging issues, such as the sustainable development goals and the fourth industrial revolution, are presented as factors that need to be addressed in order for special economic zones to be productive in Africa. The role of foreign direct investments, job creation, industrialization, and regulation is also discussed. Special Economic Zones: Economic Development in Africa aims to set out an empirical framework on how to create effective special economic zones. It will be relevant to researchers and policymakers interested in African and development economics.

Author : M. Tekere
Publisher : African Books Collective
Page : 290 pages
File Size : 43,6 Mb
Release : 2012
Category : Business & Economics
ISBN : 9780798303040

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Regional Trade Integration, Economic Growth and Poverty Reduction in Southern Africa by M. Tekere Pdf

Despite a long history of regional integration and a multiplicity of regional organizations in southern Africa, the effect of regional integration on economic growth and poverty reduction remains debatable or elusive. This causes many to doubt whether regional integration is in actual fact an effective poverty-reduction strategy. Accordingly, the focus of this book is to explore and analyze whether specific Southern African Development Community (SADC) trade integration policies, especially the trade liberalization regime, have produced economic growth and reduced poverty in the region. While it is generally agreed that economic growth is the panacea to poverty reduction, there is little evidence as to whether regional integration in Africa is associated with economic growth in the countries concerned and subsequently leads to poverty reduction. The book makes recommendations on how the SADC FTAs can contribute to poverty reduction and socioeconomic development, and goes on to suggest policy proposals on how to enhance the contribution of the FTAs to poverty eradication and economic development. It also identifies specific activities to be undertaken to enable supply-side and productive competitiveness interventions to support the FTAs and contribute to economic development. The potential constraints and negative impacts of the FTAs are investigated and highlighted, and possible solutions are recommended and motivated.

Author : T. Ademola Oyejide
Publisher : Palgrave Macmillan
Page : 339 pages
File Size : 42,9 Mb
Release : 1997
Category : Business & Economics
ISBN : 0312217714

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Regional Integration and Trade Liberalization in Subsaharan Africa: Regional case-studies by T. Ademola Oyejide Pdf

This authoritative guide to Africa's economic development and prospects is volume three in a major international research project coordinated by the African Economic Research Consortium. It brings together the top academics in development economies, trade policy and international economics from Africa, Europe and North America. This third volume examines schemes for regional integration, and the successes and failure of each of these specific projects, to examine the potential and pitfalls facing co-operation and integration in Africa today.

Author : Ademola Oyejide,Stephen Yeo
Publisher : Palgrave Macmillan
Page : 0 pages
File Size : 49,7 Mb
Release : 1999-09-20
Category : Business & Economics
ISBN : 0333661060

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Regional Integration and Trade Liberalization in SubSaharan Africa by Ademola Oyejide,Stephen Yeo Pdf

An authoritative guide to Africa's economic development and prospects. This is volume 3 in a major international research project coordinated by the African Economic Research Consortium and bringing together the top academics in development economics, trade policy and international economics from Africa, Europe and North America. This third volume examines schemes for regional integration, and the successes and failure of each of these specific projects to examine the potential and pitfalls facing co-operation and integration in Africa today.

Author : Sanjaya Lall
Publisher : Springer
Page : 301 pages
File Size : 47,6 Mb
Release : 1999-02-24
Category : Business & Economics
ISBN : 9781349148523

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The Technological Response to Import Liberalization in SubSaharan Africa by Sanjaya Lall Pdf

Many African countries liberalized in the belief that international competition would stimulate efficiency, growth and technological dynamism. The results are mixed, but largely disappointing. This book examines why, looking at technological reactions to liberalization in garments and engineering in Tanzania, Kenya and Zimbabwe, countries with different levels of industrialisation and differing degrees of liberalization. Its findings, aimed at practitioners and researchers, explain why the assumptions underlying liberalisation are often flawed, why capabilities differ, and why they lag behind other regions.

Author : Jomo Kwame Sundaram
Publisher : Conseil Pour Le Developement De LA
Page : 59 pages
File Size : 54,9 Mb
Release : 2008
Category : Business & Economics
ISBN : 2869782322

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Economic Liberalisation and Development in Africa by Jomo Kwame Sundaram Pdf

Author : Elias T. Ayuk,Samuel T. Kaboré
Publisher : Springer Science & Business Media
Page : 297 pages
File Size : 46,8 Mb
Release : 2012-11-28
Category : Business & Economics
ISBN : 9781461444152

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Wealth through Integration by Elias T. Ayuk,Samuel T. Kaboré Pdf

Could regional integration be a first step toward joining the global market? In a context where liberalizing trade has not produced the expected gains in developing countries and growth in global trade has not led to the expected economic growth, an alternative solution has emerged. This new paradigm suggests that trade liberalization should be accompanied by public investment. However, by its very nature, trade liberalization leads to a reduction in revenues from duties and taxes, which means that the available resources for public investments will also be reduced. There are now solid arguments for encouraging the less-developed countries to first emphasize regional integration before trying to access the global market. This book explores the issues linked to regional integration in West Africa and presents empirical data about the experiences in = West African Economic and Monetary Union (WAEMU) countries to converge their economies. It also examines how these efforts, which make a major contribution to regional integration, influence poverty reduction in the economic and monetary community. It will be of interest to researchers working in this area. Elias T. Ayuk is Director of the United Nations University Institute for Natural Resources in Africa in Accra, Ghana, and was formerly a senior program specialist at the International Development Research Centre. Samuel T. Kaboré is a researcher/lecturer at the Faculty of Economics and Management at the University of Ouagadougou II, Burkina Faso. Canada’s International Development Research Centre (IDRC) supports research in developing countries to promote growth and development. IDRC also encourages sharing this knowledge with policymakers, other researchers, and communities around the world. The result is innovative, lasting local solutions that aim to bring choice and change to those who need it most. Elias T. Ayuk is Director of the United Nations University Institute for Natural Resources in Africa in Accra, Ghana, and was formerly a senior program specialist at the International Development Research Centre. Samuel T. Kaboré is a researcher/lecturer at the Faculty of Economics and Management at the University of Ouagadougou II, Burkina Faso. Canada’s International Development Research Centre (IDRC) supports research in developing countries to promote growth and development. IDRC also encourages sharing this knowledge with policymakers, other researchers, and communities around the world. The result is innovative, lasting local solutions that aim to bring choice and change to those who need it most.

Author : Ademola Oyejide,Benno Ndulu,Jan Willem Gunning
Publisher : Palgrave Macmillan
Page : 0 pages
File Size : 54,7 Mb
Release : 1999-09-20
Category : Business & Economics
ISBN : 0333661052

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Regional Integration and Trade Liberalization in SubSaharan Africa by Ademola Oyejide,Benno Ndulu,Jan Willem Gunning Pdf

An authoritative guide to Africa's economic development and prospects. This is volume 2 in a major international research project coordinated by the African Economic Research Consortium and bringing together the top academics in development economics, trade policy and international economics from Africa, Europe and North America. This second volume applies the theoretical framework and issues of economic liberalization and regional integration to detailed country case studies of the Côte d'Ivoire, Ghana, Nigeria, Kenya, Mauritius, Tanzania, Uganda, South Africa, Zambia and Zimbabwe.

Author : Emeka C. Iloh,Ernest T. Aniche,Stephen N. Azom
Publisher : Rowman & Littlefield
Page : 401 pages
File Size : 47,7 Mb
Release : 2023-09-12
Category : Political Science
ISBN : 9781666930368

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African Political Economy in the Twenty-First Century by Emeka C. Iloh,Ernest T. Aniche,Stephen N. Azom Pdf

This book contributes to the debate concerning the future of the political economy of African development by addressing the important question of how African countries can strategically approach global political economy at multilateral, continental, and regional levels in view of North-South versus South-South configurations.

Author : Charles Chukwuma Soludo,Michael Osita Ogbu,Ha-Joon Chang
Publisher : IDRC
Page : 376 pages
File Size : 48,7 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.