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The African Continental Free Trade Area And Demand For Transport Infrastructure And Services
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Book Synopsis The African Continental Free Trade Area and Demand for Transport Infrastructure and Services by : United Nations Publications
Download or read book The African Continental Free Trade Area and Demand for Transport Infrastructure and Services written by United Nations Publications and published by . This book was released on 2022-09-06 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The African Continental Free Trade Area (AfCFTA) agreement entered into force in 2019, and its implementation commenced in 2021. A major milestone in the continent's regional integration, it aims to increase intra-African trade by eliminating import duties. Its planners hoped to double intra-African trade if non-tariff barriers were also reduced. Inadequate transport infrastructure and services could hamper the realization of AfCFTA's benefits. The urgent need to improve transport connectivity in Africa in the context of AfCFTA has created new research demands. This report explores the effects of AfCFTA on trade flows in Africa and asks how the AfCFTA signatories could reap the agreement's full benefits through the integrated planning of trade and transport. Using trade flow and freight mode choice models, the report identifies critical transport links across the continent and provides estimates for the infrastructure required for different modes of transport--road, rail, maritime and air--because of AfCFTA. It also unpacks the transport equipment required for the different modes: trucks for roads, rolling stock for railways, aircraft for air transport and ships for maritime transport. The report shows that trade and transport are mutually reinforcing and that current infrastructure and services, in all modes of transport in Africa, require upgrading to cope with the increased freight under the AfCFTA. This underscores the importance of prioritising the implementation of the Programme for Infrastructure Development in Africa (PIDA), the Trans-African Highway (TAH) network and the Single African Air Transport Market (SAATM).
Book Synopsis The African Continental Free Trade Area and Demand for Transport Infrastructure and Services by : United Nations Economic Commission for Africa
Download or read book The African Continental Free Trade Area and Demand for Transport Infrastructure and Services written by United Nations Economic Commission for Africa and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The African Continental Free Trade Area (AfCFTA) agreement entered into force in 2019, and its implementation commenced in 2021. A major milestone in the continent's regional integration, it aims to increase intra-African trade by eliminating import duties. Its planners hoped to double intra-African trade if non-tariff barriers were also reduced. Inadequate transport infrastructure and services could hamper the realization of AfCFTA's benefits. The urgent need to improve transport connectivity in Africa in the context of AfCFTA has created new research demands. This report explores the effects of AfCFTA on trade flows in Africa and asks how the AfCFTA signatories could reap the agreement's full benefits through the integrated planning of trade and transport. Using trade flow and freight mode choice models, the report identifies critical transport links across the continent and provides estimates for the infrastructure required for different modes of transport--road, rail, maritime and air--because of AfCFTA. It also unpacks the transport equipment required for the different modes: trucks for roads, rolling stock for railways, aircraft for air transport and ships for maritime transport. The report shows that trade and transport are mutually reinforcing and that current infrastructure and services, in all modes of transport in Africa, require upgrading to cope with the increased freight under the AfCFTA. This underscores the importance of prioritising the implementation of the Programme for Infrastructure Development in Africa (PIDA), the Trans-African Highway (TAH) network and the Single African Air Transport Market (SAATM).
Book Synopsis Implications of the African Continental Free Trade Area for Demand for Transport Infrastructure and Services by :
Download or read book Implications of the African Continental Free Trade Area for Demand for Transport Infrastructure and Services written by and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 The African Continental Free Trade Area: Potential Economic Impact and Challenges by : Mr.Lisandro Abrego
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.
Book Synopsis The African Continental Free Trade Area by : World Bank
Download or read book The African Continental Free Trade Area written by World Bank and published by World Bank Publications. This book was released on 2020-09-28 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: The African Continental Free Trade Area (AfCFTA) agreement will create the largest free trade area in the world, measured by the number of countries participating. The pact will connect 1.3 billion people across 55 countries with a combined GDP valued at $3.4 trillion. It has the potential to lift 30 million people out of extreme poverty by 2035. But achieving its full potential will depend on putting in place significant policy reforms and trade facilitation measures. The scope of the agreement is considerable. It will reduce tariffs among member countries and cover policy areas, such as trade facilitation and services, as well as regulatory measures, such as sanitary standards and technical barriers to trade. It will complement existing subregional economic communities and trade agreements by offering a continent-wide regulatory framework and by regulating policy areas—such as investment and intellectual property rights protection—that have not been covered in most subregional agreements. The African Continental Free Trade Area: Economic and Distributional Effects quantifies the long-term implications of the agreement for growth, trade, poverty reduction, and employment. Its analysis goes beyond that in previous studies that have largely focused on tariff and nontariff barriers in goods—by including the effects of services and trade facilitation measures, as well as the distributional impacts on poverty, employment, and wages of female and male workers. It is designed to guide policy makers as they develop and implement the extensive range of reforms needed to realize the substantial rewards that the agreement offers. The analysis shows that full implementation of AfCFTA could boost income by 7 percent, or nearly $450 billion, in 2014 prices and market exchange rates. The agreement would also significantly expand African trade—particularly intraregional trade in manufacturing. In addition, it would increase employment opportunities and wages for unskilled workers and help close the wage gap between men and women.
Book Synopsis Assessing Regional Integration in Africa V by :
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
Book Synopsis Inclusive Trade in Africa by : David Luke
Download or read book Inclusive Trade in Africa written by David Luke and published by Routledge. This book was released on 2019-04-01 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Africa, Transport and the Millennium Development Goals by : Raj Bardouille
Download or read book Africa, Transport and the Millennium Development Goals written by Raj Bardouille and published by Cambridge Scholars Publishing. This book was released on 2009-10-02 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transport is an essential service that must contribute to national development objectives in health, education, agriculture and other sectors in guiding sub-Saharan Africa out of poverty. Developing policies aimed at providing safe, reliable and affordable transport infrastructure and services can and will make a substantial and sustainable contribution to eradicating extreme poverty and hunger, achieving universal primary education, improving health care and reducing HIV/AIDS. Although transport is identified as a priority in poverty reduction strategies, it has not generally been adequately addressed. Global responses tend to focus on rural transport infrastructure—principally roads—with little attention given to sub-sectors such as rivers, lakes, and railroads; and important geographical and econological differences are ignored. The needs of the urban poor have been weakly addressed, as have the access and mobility needs of women, the disabled and other disadvantaged groups, while strategies for adapting transport to agricultural production/distribution or social services (e.g. health and education) have not been adequately developed. A systematic approach to the development of sound, comprehensive transport sector programs that provide clear guidance on what is to be done is much needed. This volume—the product of an expert workshop held at Cornell University’s Institute for African Development in May, 2007—provides accounts of an array of African operational spaces in which transport is relevant to the Millennium Development Goals. It addresses many heretofore ignored dimesions of transport—mobility issues of the urban poor, of women and children, and issues of access to employment, education and health services. It provides an alignment of transport with the MDGs in what proves to be fertile ground for research with important messages for policy makers and consequences for policy.
Book Synopsis Africa's Transport Infrastructure by : Heinrich Bofinger
Download or read book Africa's Transport Infrastructure written by Heinrich Bofinger and published by World Bank Publications. This book was released on 2011-01-01 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book will be of interest to governments in the region and to multilateral and bilateral aid and lending agencies, as well as to graduate students, faculty, and researchers in African studies and transport studies. --Book Jacket.
Book Synopsis Logistics and Global Value Chains in Africa by : Adebisi Adewole
Download or read book Logistics and Global Value Chains in Africa written by Adebisi Adewole and published by Springer. This book was released on 2018-08-14 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on global value chains and their importance to trade, this edited collection explores the strategic role of logistics and supply chain infrastructure in the development of Africa. Skilled authors present critical analysis of the current state of logistics in Africa, and suggest improvements to policy and practice which address the issue of poor trading relationships. This book will engage entrepreneurs, academics and policy-makers interested in international business, raising awareness of the need for better trade infrastructure in Africa in order to ensure the continent’s economic development.
Author :United Nations Conference on Trade and Development (UNCTAD) Publisher :Stylus Publishing, LLC ISBN 13 :9213585500 Total Pages :177 pages Book Rating :4.2/5 (135 download)
Book Synopsis Review of Maritime Transport 2023 by : United Nations Conference on Trade and Development (UNCTAD)
Download or read book Review of Maritime Transport 2023 written by United Nations Conference on Trade and Development (UNCTAD) and published by Stylus Publishing, LLC. This book was released on 2023-09-28 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Review of Maritime Transport is an UNCTAD flagship publication, published annually since 1968. Around 80 per cent of the volume of international trade in goods is carried by sea, and the percentage is even higher for most developing countries. The Review of Maritime Transport provides an analysis of structural and cyclical changes affecting seaborne trade, ports and shipping, as well as an extensive collection of statistical information. The report calls for a “just and equitable transition” to a decarbonized shipping industry. The sector, whose greenhouse gas emissions have risen 20% over the last decade, operates an ageing fleet that runs almost exclusively on fossil fuels. As global leaders prepare for the next UN climate conference (COP28), UNCTAD advocates for system-wide collaboration, swift regulatory intervention and stronger investments in green technologies and fleets. Full decarbonization by 2050 will require massive investments and could lead to higher maritime logistics costs, raising concerns for vulnerable shipping-reliant nations like small island developing states. The report emphasizes the need to balance environmental goals with economic needs but underscores that the cost of inaction far outweighs the required investments. The report recommends policy actions to overcome supply chain hurdles African countries face, including poor logistics, low levels of technology, fragmented markets, limited capital sources, and weak institutions and regulations. Beyond cleaner fuels, the industry needs to move faster towards digital solutions like AI and blockchain to improve efficiency as well as sustainability. In its analysis of global maritime trends, the report highlights shipping’s resilience despite major challenges stemming from global crises, such as the war in Ukraine. Maritime trade is expected to grow 2.4% in 2023 and more than 3% between 2024 and 2028.
Book Synopsis Africa's Infrastructure by : Vivien Foster
Download or read book Africa's Infrastructure written by Vivien Foster and published by World Bank Publications. This book was released on 2010 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: This booklet contains the Overview as well as a list of contents from the forthcoming book Africa's Infrastructure: A time for Transformation.
Book Synopsis Transport Prices and Costs in Africa by : Supee Teravaninthorn
Download or read book Transport Prices and Costs in Africa written by Supee Teravaninthorn and published by World Bank Publications. This book was released on 2009 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transport prices for most African landlocked countries range from 15 to 20 percent of import costs. This is approximately two to three times more than in most developed countries. It is well known that weak infrastructure can account for low trade performance. Thus, it becomes necessary to understand what types of regional transport services operate in landlocked African nations and it is critical to identify the regulation disparities and provision anomalies that hurt infrastructure efficiency, even when the physical infrastructure, such as a road transport corridor, exists. Transport Prices and Costs in Africa analyzes the various reasons for poor transport performance seen widely throughout Africa and provides a compelling case for a number of national and regional reforms that are vital to the effort to address the underlying causes of high transport prices and costs and service unpredictability seen in Africa. The book will greatly help supervisory authorities throughout the region develop and implement a comprehensive transport policy that will facilitate long-term growth.
Book Synopsis Assessing Regional Integration in Africa IX by : United Nations
Download or read book Assessing Regional Integration in Africa IX written by United Nations and published by UN. This book was released on 2021-01-06 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Signed by 52 African countries, the African Continental Free Trade Area (AfCFTA) is, by the number of participating countries, the largest trade agreement since the formation of the WTO. This report recognizes that it is not enough for the AfCFTA to be merely negotiated, concluded and ratified. It must also change lives, reduce poverty and contribute to economic development. For this, the AfCFTA must be effectively operationalized, but also supported with complementary measures that leverage it as a vehicle for economic development. Among the most important of the next steps is the phase II negotiations scheduled to commence on intellectual property rights, investment and competition policy in late 2019.
Book Synopsis Special Economic Zones in Africa by : Thomas Farole
Download or read book Special Economic Zones in Africa written by Thomas Farole and published by World Bank Publications. This book was released on 2011-01-01 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book, designed for policymakers, academics and researchers, and SEZ program practitioners, provides the first systematic and comprehensive analysis of SEZ programs in Sub-Saharan Africa. It is the result of detailed surveys and case studies conducted during 2009 in ten developing countries, including six in Sub-Saharan Africa. The book provides quantitative evidence of the performance of SEZs, and of the factors which contribute to that performance, highlighting the critical importance not just of the SEZ itself but of the wider national investment climate in which it functions. It also provides a comprehensive guide to the key policy questions that confront governments establishing SEZ programs, including: if and when to launch an SEZ program, what form of SEZ is most appropriate, and how to go about implementing it. Among the most important findings from the study that is stressed in the book is the shift from traditional enclave models of zones to SEZs that are integrated ? with national trade and industrial strategies, with core trade and social infrastructure, with domestic suppliers, and with local labor markets.Although the book focuses primarily on the experience of Sub-Saharan Africa, its lessons will be applicable to developing countries around the world."
Download or read book Duality by Design written by Nuno Gil and published by Cambridge University Press. This book was released on 2019-11-28 with total page 443 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using Africa as a context for research, new conceptual framing is proposed to make sense of the challenges of designing effective organizations to pursue socio-economic development.
