Africa's Role in Multilateral Trade Negotiations
Author: Zhen Kun Wang
Publisher: World Bank Publications
Published: 1997
Total Pages: 40
ISBN-13:
DOWNLOAD EBOOK →Author: Zhen Kun Wang
Publisher: World Bank Publications
Published: 1997
Total Pages: 40
ISBN-13:
DOWNLOAD EBOOK →Author: Zhen Kun Wang
Publisher:
Published: 2016
Total Pages: 38
ISBN-13:
DOWNLOAD EBOOK →Countries in Sub-Saharan Africa won fewer concessions on their exports in the Uruguay Round than did other developing countries, but they still emerged facing fewer or lower restrictions than others. They should be more active in the next Round, focusing negotiations not on trade preferences but on bound most-favored-nation tariff reductions.Openness and liberal trade policies are associated with higher exports and economic growth. Sub-Saharan African countries are mostly still relatively closed, and one of their top priorities should be to open up. With some important, identifiable, exceptions African exports are not disproportionately restricted in OECD markets. Because of Sub-Saharan Africa's small economic size and because its decline in competitiveness has been spread over nearly all sectors, improvements in its performance should not unduly disturb other members of the world economy and should not encounter major resistance among trading partners.Sub-Saharan African countries won fewer concessions on their exports in the Uruguay Round than did other developing countries - possibly because they offered fewer concessions on imports. Nonetheless, because they started the Round with more favorable treatment, they still emerged from it facing fewer or lower restrictions than other developing countries.In the next Round of trade negotiations, Sub-Saharan countries have some rights to negotiate (according to the GATT/WTO principal suppliers traditions) and a little leverage. They should be active in this Round, both giving and requesting concessions, and economists should help them prepare the ground.Trade preferences are not the route to integrating with the world economy. In terms of access to partners' markets, trade preferences are no substitute for bound most-favored-nation tariff reductions, and they also encourage shortsighted and distortionary behavior within the recipients' economy. Africa should focus its negotiating efforts on most-favored-nation reductions rather than trade preferences.This paper - a joint product of the New Products and Outreach Division, Economic Development Institute, and Development Research Group - was prepared for the African Economic Research Consortium`s Biannual Research Workshop, Nairobi, May 24-29, 1997.
Author: World Trade Organization. China Round Table
Publisher: Cambridge University Press
Published: 2016-09-29
Total Pages: 511
ISBN-13: 1107174473
DOWNLOAD EBOOK →Twenty-first-century Africa is in a process of dynamic economic transformation. However, challenges remain in areas such as structural reform, governance, market turbulence, commodity pricing, and geopolitics. There is a critical need for African economies to assess growth models and strategies to foster increased, sustained, and inclusive growth. The book contributes to contemporary debate on key questions facing the continent, such as: How can Africa achieve deeper integration into the rules-based multilateral trading system and the global economy? What approaches and next steps are possible, according to economic and trade policymakers? What supportive roles can multilateral and regional institutions play? This volume is a product of the Fourth China Round Table, which took place during the WTO's Tenth Ministerial Conference, held in Kenya in December 2015. Supported by independent expert analyses, the book proposes a range of African perspectives on the role of trade, the WTO, and its future agenda.
Author: Gbadebo Odularu
Publisher: Springer
Published: 2017-01-26
Total Pages: 165
ISBN-13: 3319455699
DOWNLOAD EBOOK →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.
Author: David Luke
Publisher: LSE Press
Published: 2023-05-15
Total Pages: 245
ISBN-13: 1911712071
DOWNLOAD EBOOK →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.
Author: Fatoumata Jawara
Publisher: Zed Books
Published: 2004
Total Pages: 424
ISBN-13: 9781842775332
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