What Can be Expected from Afican Regional Trade Arrangements

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Publisher : World Bank Publications
ISBN 13 : 1911104527
Total Pages : 119 pages
Book Rating : 4.9/5 (111 download)

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Book Synopsis What Can be Expected from Afican Regional Trade Arrangements by :

Download or read book What Can be Expected from Afican Regional Trade Arrangements written by and published by World Bank Publications. This book was released on 2017 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt:

What Can Be Expected from African Regional Trade Arrangements?

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Author :
Publisher :
ISBN 13 :
Total Pages : 151 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis What Can Be Expected from African Regional Trade Arrangements? by : Alexander J. Yeats

Download or read book What Can Be Expected from African Regional Trade Arrangements? written by Alexander J. Yeats and published by . This book was released on 2016 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sub-Saharan Africa must a ...

Regional Trade Arrangements in Africa

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Publisher : International Monetary Fund
ISBN 13 : 9781589064393
Total Pages : 62 pages
Book Rating : 4.0/5 (643 download)

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Book Synopsis Regional Trade Arrangements in Africa by : Yongzheng Yang

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.

Negotiating South-South Regional Trade Agreements

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Publisher : Springer
ISBN 13 : 3319455699
Total Pages : 165 pages
Book Rating : 4.3/5 (194 download)

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Book Synopsis Negotiating South-South Regional Trade Agreements by : Gbadebo Odularu

Download or read book Negotiating South-South Regional Trade Agreements written by Gbadebo Odularu and published by Springer. This book was released on 2017-01-26 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive analysis of South-South regional trade issues, with a particular focus on sustainably fostering Africa’s regional trade agenda. It examines the extent to which South-South regional trade agreements (RTAs) have contributed toward enhancing regional integration and economic expansion in Africa in particular, and in the South in general. The authors recommend new conceptual frameworks, appropriate initiatives, and workable policy recipes to help South-South RTAs enhance Africa’s economic transformation trajectory. The book underscores the geo-politics, as well as the opportunities and challenges that emerging economies now represent for Africa in the context of South-South regional trade policy. Readers will learn how Africa can strengthen its regional trade game by securing and building on the positive outcomes of South-South RTAs.

African Regional Trade Agreements as Legal Regimes

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Author :
Publisher : Cambridge University Press
ISBN 13 : 1139498592
Total Pages : 525 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis African Regional Trade Agreements as Legal Regimes by : James Thuo Gathii

Download or read book African Regional Trade Agreements as Legal Regimes written by James Thuo Gathii and published by Cambridge University Press. This book was released on 2011-07-21 with total page 525 pages. Available in PDF, EPUB and Kindle. Book excerpt: African regional trade integration has grown exponentially in the last decade. This book is the first comprehensive analysis of the legal framework within which it is being pursued. It will fill a huge knowledge gap and serve as an invaluable teaching and research tool for policy makers in the public and private sectors, teachers, researchers and students of African trade and beyond. The author argues that African Regional Trade Agreements (RTAs) are best understood as flexible legal regimes particularly given their commitment to variable geometry and multiple memberships. He analyzes the progress made toward trade liberalization in each region, how the RTAs are financed, their trade remedy and judicial regimes, and how well they measure up to Article XXIV of GATT. The book also covers monetary unions as well as intra-African regional integration, and examines free trade agreements with non-African regions including the Economic Partnership Agreements with the European Union.

Regional Trade Arrangements in Africa

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Author :
Publisher : INTERNATIONAL MONETARY FUND
ISBN 13 : 9781451860559
Total Pages : 0 pages
Book Rating : 4.8/5 (65 download)

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Book Synopsis Regional Trade Arrangements in Africa by : Yongzheng Yang

Download or read book Regional Trade Arrangements in Africa written by Yongzheng Yang and published by INTERNATIONAL MONETARY FUND. This book was released on 2005-02-01 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regional trade arrangements (RTAs) in Africa have been ineffective in promoting trade and foreign direct investment. Relatively high external trade barriers and low resource complementarity between member countries limit both intra- and extraregional trade. Small market size, poor transport facilities and high trading costs make it difficult for African countries to reap the potential benefits of RTAs. To increase regional trade and investment, African countries need to undertake more broad-based liberalization and streamline existing RTAs, supported by improvements in infrastructure and trade facilitation. Early action to strengthen the domestic revenue base would help address concerns over revenue losses from trade liberalization.

Making the African Continental Free Trade Agreement a Success

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Publisher : Taylor & Francis
ISBN 13 : 1040006027
Total Pages : 307 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Making the African Continental Free Trade Agreement a Success by : Albert G. Zeufack

Download or read book Making the African Continental Free Trade Agreement a Success written by Albert G. Zeufack and published by Taylor & Francis. This book was released on 2024-04-05 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2019, African heads of state and governments launched in fanfare the African Continental Free Trade Agreement (AfCFTA), a historic agreement for economic transformation across the continent. But now comes the hard bit: how to make the agreement a success? In this book, senior experts from across the world come together to provide a comprehensive analysis of the conditions needed for AfCFTA to successfully spur economic development in Africa. It puts forward three foundations for success: demography dividend, digital economy, and economic diversification. In addition to trade policy, the book recommends that African policymakers should strengthen fiscal and monetary policy coordination, adopt and implement the appropriate regulatory environment, and build suitable connectivity infrastructure. The stakes are high. If implemented correctly, the book argues that AfCFTA could speed up trade within Africa, which could double every five years. Success would mean growth, investment, changing trade patterns, jobs, economic transformation, poverty reduction, and a continental market for services. Driven by concrete, evidence-based strategies for long-term growth, this book is an essential read for policy makers, development practitioners, economics researchers, and everyone with an interest in the future of Africa.

Regional Integration and Trade in Africa

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Publisher : Springer
ISBN 13 : 1137462051
Total Pages : 238 pages
Book Rating : 4.1/5 (374 download)

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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.

The Free Trade Area of the Common Market for Eastern and Southern Africa

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Publisher : Routledge
ISBN 13 : 1351889400
Total Pages : 274 pages
Book Rating : 4.3/5 (518 download)

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Book Synopsis The Free Trade Area of the Common Market for Eastern and Southern Africa by : Victor Murinde

Download or read book The Free Trade Area of the Common Market for Eastern and Southern Africa written by Victor Murinde and published by Routledge. This book was released on 2017-05-15 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last ten years, while GATT and (later) WTO were actively advocating the doctrine of free trade, the world witnessed unprecedented formation of regional trading blocs. Focusing on the prospects and challenges of the free trade area of the Common Market for Eastern and Southern Africa (COMESA) and the question of regional trade integration, the book also combines in-depth theoretical and empirical analysis with leading edge discussion of institutional and policy issues from a variety of African economies. This text makes a timely contribution not only to our understanding of the prospects and challenges of regional trading arrangements in Africa but also to the paradigm of regional trade integration in developing countries. Systematically structured, with thematically linked chapters and rigorous referencing, it is an essential guide for an international audience of academics, researchers, students and practitioners in International Trade, International Economics, Development Finance and Development Economics.

The African Continental Free Trade Agreement: Welfare Gains Estimates from a General Equilibrium Model

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1498314392
Total Pages : 32 pages
Book Rating : 4.4/5 (983 download)

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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.

The Cotonou Agreement and Its Implications for the Regional Trade Agenda in Eastern and Southern Africa

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Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4./5 ( download)

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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.

Economic Development Through Regional Trade

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Publisher : Springer
ISBN 13 : 0230369928
Total Pages : 263 pages
Book Rating : 4.2/5 (33 download)

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Book Synopsis Economic Development Through Regional Trade by : K. Kimbugwe

Download or read book Economic Development Through Regional Trade written by K. Kimbugwe and published by Springer. This book was released on 2012-02-14 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: Post-colonial Africa is littered with regional trade agreements that amounted to little more than a photo opportunity for the leaders that signed them. This book explores conventional explanations for past failures and posits a new theory rooted in the symbiotic relationship between authoritarian politics and crony-capitalism.

Trade Facilitation Capacity Needs

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Publisher : Springer
ISBN 13 : 3030059464
Total Pages : 117 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Trade Facilitation Capacity Needs by : Gbadebo Odularu

Download or read book Trade Facilitation Capacity Needs written by Gbadebo Odularu and published by Springer. This book was released on 2019-02-01 with total page 117 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive analysis of both national and regional trade facilitation capacities, issues, challenges and lessons, with a special interest in sustainably advancing West Africa’s regional trade facilitation agenda. It examines the contributions of trade facilitation towards enhancing regional integration and economic expansion in the face of increasing non-tariff barriers that highly characterises West African agri-food and non-agricultural markets. The authors recommend new conceptual frameworks, appropriate initiatives, and workable policy recipes towards enhancing West Africa’s trade facilitation agenda as well as the regional economic transformation trajectory in the face of the ongoing African Continental Free Trade Agreements (AfCFTA). The book underscores the geopolitics, opportunities and challenges that confront West Africa in the increasingly dynamic regional trade facilitation policy space. Readers will learn how West Africa can improve its regional trade facilitation game amidst emerging capacity challenges.

A Handbook on Regional Integration in Africa

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Author :
Publisher : Commonwealth Secretariat
ISBN 13 : 1849291675
Total Pages : 95 pages
Book Rating : 4.8/5 (492 download)

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Book Synopsis A Handbook on Regional Integration in Africa by : Brendan Vickers

Download or read book A Handbook on Regional Integration in Africa written by Brendan Vickers and published by Commonwealth Secretariat. This book was released on 2017-04-10 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Handbook on Regional Integration in Africa advises and informs on current dynamics, opportunities, challenges and policy options for Africa’s regional integration agenda. It is a unique resource for supporting capacity-building on African regional trade issues.

North-South Regional Trade Agreements as Legal Regimes

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1784719625
Total Pages : 384 pages
Book Rating : 4.7/5 (847 download)

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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.

The African Continental Free Trade Area: Potential Economic Impact and Challenges

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1513542370
Total Pages : 41 pages
Book Rating : 4.5/5 (135 download)

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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.

Inclusive Trade in Africa

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Author :
Publisher : Routledge
ISBN 13 : 0429684754
Total Pages : 234 pages
Book Rating : 4.4/5 (296 download)

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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.