The Economic Significance of Intra-African Trade - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Economic Significance of Intra-African Trade write by Andrew Mold. This book was released on 2022. The Economic Significance of Intra-African Trade available in PDF, EPUB and Kindle. To make its case, the paper starts with a theoretical and empirical review of the drivers of trade growth globally, highlighting the role played by regional trade agreements. Because of econometric and methodological errors, earlier studies purportedly showing that previous regional integration efforts on the continent were ineffective are wrong: Recent research points to these agreements boosting intra-African exports by 27 to 32 percent on average. Moreover, contrary to received wisdom, there is nothing out-of-the-ordinary in the existing levels of intra-regional trade; indeed, by some metrics, parts of Africa display a stronger degree of trade integration than comparable regions elsewhere in the world. Finally, the paper provides a recalculation of the intensity of intra-African trade, taking into account structural economic differences and the prevalence of informal cross-border trade, to arrive at a set of new estimates. The paper ends by arguing that, as AfCFTA implementation begins, it is time to change the narrative and to start to "talk up" intra-African trade
The African Continental Free Trade Area: Potential Economic Impact and Challenges
The African Continental Free Trade Area: Potential Economic Impact and Challenges - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The African Continental Free Trade Area: Potential Economic Impact and Challenges write by Mr.Lisandro Abrego. This book was released on 2020-05-13. The African Continental Free Trade Area: Potential Economic Impact and Challenges available in PDF, EPUB and Kindle. Political momentum towards Africa-wide free trade has been intensifying. In March 2018, over 40 countries signed the African Continental Free Trade Area (AfCFTA) agreement. Once fully implemented, the AfCFTA is expected to cover all 55 African countries, with a combined GDP of about US$2.2 trillion. This SDN takes stock of recent trade developments in Sub-Saharan Africa and assesses the potential benefits and costs of the AfCFTA, as well as challenges to its successful implementation. In addition to increased trade flows both in existing and new products, the AfCFTA has the potential to generate substantial economic benefits for African countries. These benefits include higher income arising from increased efficiency and productivity from improved resource allocation, higher cross-border investment flows, and technology transfers. Besides lowering import tariffs, to ensure these benefits, African countries will need reduce other trade barriers by making more efficient their customs procedures, reducing their wide infrastructure gaps, and improving their business climates. At the same time, policy measures should be taken to mitigate the differential impact of trade liberalization on certain groups as resources are reallocated in the economy and activities migrate to locations with comparatively lower costs.
Regional Integration and Trade in Africa
Regional Integration and Trade in Africa - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Regional Integration and Trade in Africa write by Mthuli Ncube. This book was released on 2014-12-21. Regional Integration and Trade in Africa available in PDF, EPUB and Kindle. This book reviews the current trends and challenges of regional integration and trade in Africa. It provides valuable policy recommendations aimed at stimulating the debate among the government, private sector and development community on the ways to promote regional trade for Africa's economic development.
Inclusive Trade in Africa
Inclusive Trade in Africa - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Inclusive Trade in Africa write by David Luke. This book was released on 2019-04-01. Inclusive Trade in Africa available in PDF, EPUB and Kindle. Providing the first book-length analysis of the African Continental Free Trade Area (AfCFTA), this volume asks how can it be ensured that the AfCFTA is effectively implemented to deliver inclusive trade in Africa. The African Continental Free Trade Area (AfCFTA) will cover an African market of 1.2 billion people and GDP of over $2.5 trillion, across all 55 member States of the African Union. Yet, trade policy increasingly appreciates that free trade is not enough; trade must also be inclusive to deliver developmental benefits. With contributions from leading trade policy authors across Africa and beyond, this book offers insights into the development and implementation of the AfCFTA and serves as a reference for stakeholders interested in trade in Africa more broadly. The contributors assess what important lessons can be drawn from the experiences of regional integration in and beyond Africa, including from success stories like ASEAN as well as from failures like the Free Trade Agreement of the Americas. An important new work for researchers and policymakers focusing on African trade and economic policy, and trade policy more generally.
African Perspectives on Trade and the WTO
African Perspectives on Trade and the WTO - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook African Perspectives on Trade and the WTO write by Patrick Low. This book was released on 2016-09-29. African Perspectives on Trade and the WTO available in PDF, EPUB and Kindle. Twenty-first century Africa is in a process of economic transformation, but challenges remain in areas such as structural reform, governance, commodity pricing and geopolitics. This book looks into key questions facing the continent, such as how Africa can achieve deeper integration into the rules-based multilateral trading system and the global economy. It provides a range of perspectives on the future of the multilateral trading system and Africa's participation in global trade and underlines the supportive roles that can be played by multilateral and regional institutions during such a rapid and uncertain transition. This volume is based on contributions to the Fourth China Round Table on WTO Accessions and the Multilateral Trading System, which took place just before the World Trade Organization's Tenth Ministerial Conference in Nairobi in December 2015.
