Download or read book The General State of Intra African Trade written by and published by . This book was released on 1981 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economic Significance of Intra African Trade written by Andrew Mold and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Download or read book The African Continental Free Trade Area Potential Economic Impact and Challenges written by Mr.Lisandro Abrego and published by International Monetary Fund. This book was released on 2020-05-13 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Informal cross border trade in Africa How much Why And what impact written by Bouet, Antoine and published by Intl Food Policy Res Inst. This book was released on 2018-12-21 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Informal cross-border trade (ICBT) represents a prominent phenomenon in Africa. Several studies suggest that for certain products and countries, the value of informal trade may meet or even exceed the value of formal trade. This paper provides a review of existing efforts to measure informal trade. We list 18 initiatives aimed at measuring ICBT in Africa. The paper also summarizes discussions conducted with many stakeholders in Africa between December 2016 and May 2018 regarding the measurement, the determinants, and the implications of ICBT. The methodologies used to measure ICBT in Africa differ widely, but they do confirm that informal trade in Africa is both sizeable and volatile. Both evidence on the determinants of ICBT and discussions with stakeholders suggest that policies should aim to reduce the existing costs associated with formal trade and provide positive incentives for traders and producers to move into the formal economy in order to avoid the loss of economic potential stemming from informal trade.
Download or read book The African Continental Free Trade Agreement Welfare Gains Estimates from a General Equilibrium Model written by Mr.Lisandro Abrego and published by International Monetary Fund. This book was released on 2019-06-07 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: In March 2018, representatives of member countries of the African Union signed the African Continental Free Trade Area (AfCFTA) agreement. This agreement provides a framework for trade liberalization in goods and services and is expected to eventually cover all African countries. Using a multi-country, multi-sector general equilibrium model based on Costinot and Rodriguez-Clare (2014), we estimate the welfare effects of the AfCFTA for 45 countries in Africa. Three different model specifications—comprising both perfect competition and monopolistic competition—are used. Simulations include full elimination of import tariffs and partial but substantial reduction in non-tariff barriers (NTBs). Results reveal significant potential welfare gains from trade liberalization in Africa. As intra-regional import tariffs in the continent are already low, the bulk of these gains come from lowering NTBs. Overall gains for the continent are broadly similar under the three model specifications used, with considerable variation of potential welfare gains across countries in all model structures.
Download or read book Assessing Regional Integration in Africa written by United Nations. Economic Commission for Africa and published by United Nations, Economic Commission for Africa. This book was released on 2004 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication examines progress towards regional integration in Africa; defined as one of the anchoring ideals of African unity and the basis for the New Partnership for Africa's Development (NEPAD) development framework. The report analyses the current state of the integration process, highlighting where efforts have succeeded or failed. Findings include that progress has been mixed across sectors, regional economic communities and member states; with some notable progress in trade, communications, transport and macroeconomic policy. Overall however, substantial gaps remain between goals and achievements of most regional economic communities, particularly in terms of internal African trade, macroeconomic policy convergence, production and physical connectivity. A summary report is also available (ISBN 9211250927)
Download or read book Assessing Regional Integration in Africa IV written by African Union and published by United Nations Publications. This book was released on 2010 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: The publication seeks to address the pressing issues that are negatively affecting trade amongst African countries. It undertakes a comprehensive empirical analysis of intra-African trade to determine why it has remained consistently low over the past decades. The report proposes concrete recommendations, to be implemented by member States, Regional Economic Communities (RECs), members of the private-sector, and other stakeholders in Africa's development. It also analyses the various policy issues and other factors that have affected intra-African trade.
Download or read book Regional Trade Arrangements in Africa written by Yongzheng Yang and published by International Monetary Fund. This book was released on 2005-09-20 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, African policymakers have increasingly resorted to regional trade arrangements (RTAs) as a substitute for broad-based trade liberalization. This trend has long-term implications for the effectiveness of trade policy as a tool for poverty reduction and growth. This paper examines the record of RTAs in promoting trade and investment. It also explores policy measures that may help improve RTAs' performance.
Download or read book Assessing Regional Integration in Africa V written by and published by UN. This book was released on 2012 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fifth of the series (ARIA/V) has come at a time of renewed enthusiasm for shortening the period of the vision of the Abuja Treaty. Its overall objective is to provide an analytical research publication that defines frameworks for African Governments, the African Union and the Regional Economic Communities, towards accelerating the establishment of the African Common Market through: the speedy removal of all tariff and non-tariff barriers, obstacles to free movement of people, investments and factors of production in general across Africa, and through fast-tracking the creation of an African continental Free Trade Area
Download or read book Intra Sub Saharan African Trade written by Faezeh Foroutan and published by World Bank Publications. This book was released on 1993 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: The low level of trade among Sub-Saharan African countries is actually slightly above what a traditional gravity model predicts.
Download or read book The Challenge of Developing Intra African Trade written by Jonathan H. Chileshe and published by . This book was released on 1977 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Intra African Trade written by and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 How Africa Trades written by David Luke and published by LSE Press. This book was released on 2023-05-15 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade is an essential driver of economic transformation, growth, and prosperity. At a time of global uncertainty and policy fluidity, this comprehensive volume demystifies African trade and trade policy to provide a deeper understanding of how trade impacts the lives of all Africans and the continent’s development aspirations. Featuring a wealth of data-driven evaluations of trade negotiations and policy choices, How Africa Trades is an invaluable open access resource for making sense of the continent’s major trade challenges, including commodity dependence, competitiveness, and how African countries engage with often unconducive international trade rules that distort global markets. In-depth analysis focuses on intra-African trade initiatives, including the African Continental Free Trade Area (AfCFTA), trade between African countries and their major trading partners, and how the short-term shocks of Covid-19 restrictions brought about longer-term changes in informal and formal trade patterns, and sped-up shifts in digital trade.
Download or read book Intra African Trade with Reference to West Africa written by Andrews Dickson Ayi Akotey and published by . This book was released on 1995 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Intra African Trade written by and published by . This book was released on 1985 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Development of Intra African Trade written by UN. ECA. Conference of Ministers (8th sess. : 1982 : Tripoli) and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
