Download or read book Trade Liberalisation and Economic Development in Africa written by Gift Mugano and published by Routledge. This book was released on 2021-09-30 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Trade Liberalisation and Economic Development in Africa written by Gift Mugano and published by Routledge. This book was released on 2021-09-30 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Economic Liberalisation and Development in Africa written by Kwame Sundaram and published by African Books Collective. This book was released on 2008-05-15 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Download or read book Trade and Industrial Development in Africa written by Moyo, Theresa and published by CODESRIA. This book was released on 2015-03-02 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Trade Liberalisation Impact On Growth And Trade In Developing Countries written by Ashok Parikh and published by World Scientific Publishing Company. This book was released on 2007-06-04 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is one of few books on the quantitative assessment of trade liberalisation and its impact on micro and macro economics structure in developing countries. Addressing the prospects of economic growth at a macro level, gives a thorough analysis of various issues such as profitability of enterprises after liberalisation, structural change, imports and exports by sectors and regions, and the trade balances of developing countries. The aspects of terms of trade and the trade balances in African, Latin American and Asian economies are studied using econometric techniques.
Download or read book Fostering Trade in Africa written by Gbadebo O.A. Odularu and published by Springer Nature. This book was released on 2020-03-09 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Trade Liberalisation written by Ashok K. Parikh and published by World Scientific. This book was released on 2007 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is one of few books on the quantitative assessment of trade liberalisation and its impact on micro and macro economics structure in developing countries. Addressing the prospects of economic growth at a macro level, gives a thorough analysis of various issues such as profitability of enterprises after liberalisation, structural change, imports and exports by sectors and regions, and the trade balances of developing countries. The aspects of terms of trade and the trade balances in African, Latin American and Asian economies are studied using econometric techniques.
Download or read book Regional Integration and Trade Liberalization in SubSaharan Africa written by Ademola Oyejide and published by Palgrave Macmillan. This book was released on 1999-09-20 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The Technological Response to Import Liberalization in SubSaharan Africa written by Sanjaya Lall and published by Springer. This book was released on 1999-02-24 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Special Economic Zones written by Gift Mugano and published by Springer Nature. This book was released on 2021-11-05 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Regional Integration and Trade Liberalization in SubSaharan Africa written by Ademola Oyejide and published by Palgrave Macmillan. This book was released on 1999-09-20 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Trade Liberalization and Poverty in the Middle East and North Africa written by Nicholas Minot and published by Intl Food Policy Res Inst. This book was released on 2009 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agricultural trade liberalization has been resisted by many developing-country policymakers, including those in the Middle East and North Africa, for fear it could hurt domestic farmers and exacerbate poverty. The authors of Trade Liberalization and Poverty in the Middle East and North Africa argue, however, that this concern about liberalization might be misplaced. Drawing on case studies from Egypt, Morocco, Syria, and Tunisia, the study uses household survey data and computable general equilibrium models to simulate the effects of various liberalization scenarios on different types of households in these countries, especially poor households. The results indicate that agricultural trade barriers are not an effective means of protecting the poor and that the benefits from many forms of agricultural trade liberalization to the region's consumers outweigh the costs to producers. If complemented with other domestic programs-including agricultural research and extension, information services, disease control, and social safety nets-the reforms have the potential to reduce poverty in these nations. The study findings are a valuable resource for policymakers and development specialists evaluating the role trade liberalization can play in economic development and poverty reduction.
Download or read book Regional Integration and Trade Liberalization in Subsaharan Africa Regional case studies written by T. Ademola Oyejide and published by Palgrave Macmillan. This book was released on 1997 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Trade Liberalization and Poverty written by Neil McCulloch and published by Centre for Economic Policy Research. This book was released on 2001 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: Openness to trade is a key element of economic policy; continuing extreme poverty in developing countries is a disgrace. This Handbook examines how concerns about the world's poor should affect our attitude towards trade liberalization. Part I draws on economic analysis and practical experience to construct a framework to analyse the links between trade liberalization and poverty. It shows policy-makers how to identify the critical features in their economies so they can ensure that the poor benefit from liberalization. Part II explores the reform of particular sectors -- agriculture, services, etc., and particular instruments of trade policy -- export subsidies, anti-dumping measures, etc. It presents an economic analysis of each type of reform, shows the likely outcome for the poor, and discusses the issue's status on the World Trade Organization's agenda. Book jacket.
Download or read book Globalisation and Africa written by Daniel A. Offiong and published by African Books Collective. This book was released on 2013 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalisation is often conceptualised as a triumphant juggernaut, a massive inexorable force transforming economies, politics and culture, and inevitably vanquishing endemic poverty in poor countries. This is in line with what modernisation theorists envisaged in the 1950s and 1960s. Unfortunately, globalisation just like modernisation has failed Africa. Globalisation has intensified poverty and underdevelopment and the consequences are reflected in the huge debt burden of most Third World countries. Globalisation and Africa: Reverse Robin Hoodism calls for a new international economic order in which Africa and other Third World countries will participate as interdependent entities, and by so doing end the symmetric relationship in which the wealthy countries enjoy huge advantages - financial, economic, and others, over poor countries.
Download or read book Africa s Role in Multilateral Trade Negotiations written by Zhen Kun Wang and published by World Bank Publications. This book was released on 1997 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Regional Integration and Trade Liberalization in SubSaharan Africa written by David Greenaway and published by Palgrave Macmillan. This book was released on 2016-01-29 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: An authoritative guide to Africa's economic development and prospects. This is volume 4 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 fourth volume draws upon the theoretical framework and detailed studies of both individual countries and regional schemes of the previous three books to present an analysis of Africa's prospects for economic development, regional integration and co-operation and her changing place in the world economy today.
