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Economic Partnership Agreements And The Export Competitiveness Of Africa
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Book Synopsis Economic Partnership Agreements and the Export Competitiveness of Africa by : Paul Brenton
Download or read book Economic Partnership Agreements and the Export Competitiveness of Africa written by Paul Brenton and published by World Bank Publications. This book was released on 2008 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Trade can be a key driver of growth for African countries, as it has been for those countries, particularly in East Asia, that have experienced high and sustained rates of growth. Economic partnership agreements with the European Union could be instrumental in a competitiveness framework, but to do so they would have to be designed carefully in a way that supports integration into the global economy and is consistent with national development strategies. Interim agreements have focused on reciprocal tariff removal and less restrictive rules of origin. To be fully effective, economic partnership agreements will have to address constraints to regional integration, including both tariff and non-tariff barriers; improve trade facilitation; and define appropriate most favored nation services liberalization. At the same time, African countries will need to reduce external tariff peak barriers on a most favored nation basis to ensure that when preferences for the European Union are implemented after transitional periods, they do not lead to substantial losses from trade diversion. This entails an ambitious agenda of policy reform that must be backed up by development assistance in the form of "aid for trade."
Book Synopsis Economic Partnership Agreements and the Export Competitiveness of Africa by : Paul Brenton
Download or read book Economic Partnership Agreements and the Export Competitiveness of Africa written by Paul Brenton and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade can be a key driver of growth for African countries, as it has been for those countries, particularly in East Asia, that have experienced high and sustained rates of growth. Economic partnership agreements with the European Union could be instrumental in a competitiveness framework, but to do so they would have to be designed carefully in a way that supports integration into the global economy and is consistent with national development strategies. Interim agreements have focused on reciprocal tariff removal and less restrictive rules of origin. To be fully effective, economic partnership agreements will have to address constraints to regional integration, including both tariff and non-tariff barriers; improve trade facilitation; and define appropriate most favored nation services liberalization. At the same time, African countries will need to reduce external tariff peak barriers on a most favored nation basis to ensure that when preferences for the European Union are implemented after transitional periods, they do not lead to substantial losses from trade diversion. This entails an ambitious agenda of policy reform that must be backed up by development assistance in the form of "aid for trade."
Book Synopsis Did you say free trade ? by : Jacques Berthelot
Download or read book Did you say free trade ? written by Jacques Berthelot and published by Editions L'Harmattan. This book was released on 2018-09-21 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: The headlong rush of the European Union (EU) in Free Trade Agreements reaches the paroxysm of absurdity when it imposes them on West Africa, whose per capita GDP is 21 times lower than its own. This Economic Partnership Agreement (EPA) would make West Africa lose 76% of its customs revenue on its imports from the EU and lead to a sharp rise in unemployment due to the loss of competitiveness of its companies including the informal sectors.The latter will be worsened by the premature signing, with support from the EU, of the Continental Free Trade Area by 13 of 16 West African States, all this based on a number of untruths from the European Commission, as identified in this book.
Book Synopsis Beyond Market Access for Economic Development by : Gerrit Faber
Download or read book Beyond Market Access for Economic Development written by Gerrit Faber and published by Routledge. This book was released on 2009-06-17 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Trade and Industrial Development in Africa by : Moyo, Theresa
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.
Book Synopsis Trade Infrastructure and Economic Development by : David Olusanya Ajakaiye
Download or read book Trade Infrastructure and Economic Development written by David Olusanya Ajakaiye and published by Routledge. This book was released on 2012-03-12 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis North-South Regional Trade Agreements as Legal Regimes by : Clair Gammage
Download or read book North-South Regional Trade Agreements as Legal Regimes written by Clair Gammage and published by Edward Elgar Publishing. This book was released on 2017-05-26 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a critical reflection of the North-South regional trade agreements (RTAs), known as the Economic Partnership Agreements, negotiated between the EU and the African, Caribbean, and Pacific countries. Conceiving of regions as legal regimes, Clair Gammage highlights the challenges facing developing countries when negotiating RTAs with developed countries and interrogates the assumption that these agreements will and can promote sustainable development through trade.
Book Synopsis The African Continental Free Trade Agreement: Welfare Gains Estimates from a General Equilibrium Model by : Mr.Lisandro Abrego
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.
Book Synopsis Trade Relations Between the EU and Africa by : Yenkong Ngangjoh-Hodu
Download or read book Trade Relations Between the EU and Africa written by Yenkong Ngangjoh-Hodu and published by Routledge. This book was released on 2009-10-16 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Modeling Services Liberalization: The Case of Kenya by : David G. Tarr
Download or read book Modeling Services Liberalization: The Case of Kenya written by David G. Tarr and published by World Bank Publications. This book was released on 2008 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper employs a 55 sector small open economy computable general equilibrium model of the Kenyan economy to assess the impact of the liberalization of regulatory barriers against foreign and domestic business service providers in Kenya. The model incorporates foreign direct investment in business services and productivity effects in imperfectly competitive goods and services markets endogenously, through a Dixit-Stiglitz framework. The ad valorem equivalent of barriers to foreign direct investment have been estimated based on detailed questionnaires completed by specialists in Kenya. We estimate very substantial gains to Kenya from regulatory liberalization in business services, and additional gains from uniform tariffs. The estimated gains increase to 50% of consumption in the long run steady state model, where the impact on the accumulation of capital from an improvement in the productivity of capital is taken into account. Decomposition exercises reveal that the largest gains to Kenya will derive from liberalization of costly regulatory barriers that are non-discriminatory in their impacts between Kenyan and multinational service providers.
Book Synopsis Regionalism and Integration in Africa by : Samuel O. Oloruntoba
Download or read book Regionalism and Integration in Africa written by Samuel O. Oloruntoba and published by Springer. This book was released on 2015-11-10 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: The resurgence of regionalism is borne out of the current political logjams that have characterized the governance and operations of multilateral trading system over the past one decade and a half. Oloruntoba critically examines Euro-Nigeria relations within the context of the Economic Partnership Agreements in terms of the political and economic implications of the agreements on Nigeria’s non-oil exports sub-sectors. Set within one of the main objectives of the Economic Partnership Agreements, he also interrogates the prospects and challenges of regional integration in Africa under the regime of transnational accumulation, which the Economic Partnership Agreements represents.
Book Synopsis The Cotonou Agreement and Its Implications for the Regional Trade Agenda in Eastern and Southern Africa by : Manuel De la Rocha
Download or read book The Cotonou Agreement and Its Implications for the Regional Trade Agenda in Eastern and Southern Africa written by Manuel De la Rocha and published by World Bank Publications. This book was released on 2003 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Subregional trade arrangements (RTAs) in Eastern and Southern Africa have proliferated in the past 10 to 15 years. The small size of most of the countries in the region, some of which are landlocked, and the security needs in the post independence period largely explain the rapid expansion. These arrangements are characterized by multiple and overlapping memberships, complex structures, and eventually, conflicting and confusing commitments. The influence of RTAs has been limited to assisting the region in increasing trade, attracting foreign direct investment, enhancing growth, and achieving convergence among member countries. But despite their limitations, RTAs have the potential, if properly designed and effectively implemented, to be an important instrument in integrating member countries into global markets. In 1998 most of the Southern African countries, as members of the Africa Caribbean Pacific group (ACP), signed the Cotonou Agreement with the European Union, which includes the negotiation of economic partnership agreements (EPAs) between the EU and the ACP. The Cotonou Agreement explicitly leaves to the ACP countries to decide the level and procedures of the EPA trade negotiations, taking into account the regional integration process. This raises the question of how to decide on the groupings in the context of conflicting regional trade agendas. The author argues that the Cotonou Agreement and EPA negotiations could become the external driving force that will push the regional organizations to rationalize and harmonize their regional trade arrangements, thus strengthening the integration process and economies of the region, and assisting the Eastern and Southern Africa region in becoming a more active partner in the global economy.
Book Synopsis Africa's Progress in Regional and Global Economic Integration - Towards Transformative Regional Integration by : Achim Gutowski
Download or read book Africa's Progress in Regional and Global Economic Integration - Towards Transformative Regional Integration written by Achim Gutowski and published by LIT Verlag Münster. This book was released on 2016 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on Africa's deep routed structural problems, the key aspect of a transformative regional integration is how to promote structural transformation by adapted strategies and policies for the African regional economic communities, for the Continental Free Trade Area, and for the Tripartite Free Trade Area. Regional integration in Africa is based on a conventional (linear) model, starting with trade preference zones and moving to free trade areas, customs unions, and monetary and economic zones, with the ultimate goal to reach political unity. Specific problems of a more transformative regional integration agenda are discussed, such as: ?food security and agriculture; industry development, enterprise growth and competition; and economic partnership agreements with extra-regional partners. In the final section, the impact of three global value chains of importance for Africa (diamonds, shea butter, and sesame) are considered on regions, on sub-regions, and on regional integration. (Series: African Development Perspectives Yearbook, Vol. 18) [Subject: African Studies, Economics
Book Synopsis Negotiating Economic Partnership Agreements by : Benson O. Ochieng
Download or read book Negotiating Economic Partnership Agreements written by Benson O. Ochieng and published by . This book was released on 2003 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Regional Integration and Trade in Africa by : Mthuli Ncube
Download or read book Regional Integration and Trade in Africa written by Mthuli Ncube and published by Springer. This book was released on 2014-12-21 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Sub-Saharan Africa by : Mr.Sanjeev Gupta
Download or read book Sub-Saharan Africa written by Mr.Sanjeev Gupta and published by International Monetary Fund. This book was released on 2007-10-16 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is the impact on trade in sub-Saharan Africa of the recent rapid growth in China and other Asian countries, and the associated commodity price boom? This paper looks at how trading patterns (both destinations and composition) are changing in sub-Saharan Africa. Has the region managed to diversify the products it sells from commodities to manufactured goods? Has it expanded the range of countries to which it exports? And what about the import side? The time is ripe for sub-Saharan African countries to climb up the value chain of their commodity-based exports and/or achieve an export surge based on labor-intensive manufacturing.
Book Synopsis Are Economic Partnership Agreements Likely to Promote Or Constrain Regional Integration in Southern Africa? by : Mareike Meyn
Download or read book Are Economic Partnership Agreements Likely to Promote Or Constrain Regional Integration in Southern Africa? written by Mareike Meyn and published by . This book was released on 2004 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
