Fostering Trade in Africa PDF Download

Author: Gbadebo O.A. Odularu
Publisher: Springer Nature
ISBN: 3030366324
Category : Business & Economics
Languages : en
Pages : 223

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Book Description
This book discusses trade relations and facilitation issues at both the regional and the continental African level, highlighting the increasing business opportunities and challenges that confront Africa in the digital age. It also examines the effects of trade policies and other policy instruments on Africa’s economic development and presents workable policy measures for a more business-friendly ecosystem. Discussing various topics, including trade relations between African countries, African and international trade agreements, and trade liberalization policies, the book appeals to scholars of economics, business and management as well as professionals and policymakers interested in fostering free trade and sustainable business development in Africa.

Author: Landry Signe
Publisher: Brookings Institution Press
ISBN: 0815737394
Category : Business & Economics
Languages : en
Pages : 361

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Book Description
Africa welcomes business investment and offers some of the world's highest returns and impacts Africa has tremendous economic potential and offers rewarding opportunities for global businesses looking for new markets and long-term investments with favorable returns. Africa has been one of the world's fastest-growing regions over the past decade, and by 2030 will be home to nearly 1.7 billion people and an estimated $6.7 trillion worth of consumer and business spending. Increased political stability in recent years and improving regional integration are making market access easier, and business expansion will generate jobs for women and youth, who represent the vast majority of the population. Current economic growth and poverty-alleviation efforts mean that more than 43 percent of the continent's people will reach middle- or upper-class status by 2030. Unlocking Africa's Business Potential examines business opportunities in the eight sectors with the highest potential returns on private investment—the same sectors that will foster economic growth and diversification, job creation, and improved general welfare. These sectors include: consumer markets, agriculture and agriprocessing, information and communication technology, manufacturing, oil and gas, tourism, banking, and infrastructure and construction. The book's analysis of these sectors is based on case studies that identify specific opportunities for investment and growth, along with long-term market projections to inform decision-making. The book identifies potential risks to business and offers mitigation strategies. It also provides policymakers with solutions to attract new business investments, including how to remove barriers to business and accelerate development of the private sector.

Author: David Luke
Publisher: Routledge
ISBN: 0429684754
Category : Political Science
Languages : en
Pages : 234

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Book Description
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.

Author: Helmut Asche
Publisher: Springer Nature
ISBN: 3030753662
Category : Business & Economics
Languages : en
Pages : 304

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Book Description
This book examines the past, present and prospects of regional economic integration in Africa. The empirical analysis ranges from unions formed during the years following independence, to the proposed African Continental Free Trade Area (AfCFTA), which aims to remove trade barriers between all 55 African states. In addition, the book explores to what extent Africa’s Regional Economic Communities (RECs) have advanced in accordance with a linear integration model of goods, labor and capital markets. The book subsequently evaluates the suitability of the European model of deep integration with costly institutions for the conditions specific to Africa, considering, for example, the role of informal and non-recorded trade. Stylized cases of regional division of labour with increasing returns and imperfect competition are introduced to support the economic integration logic. Past and current economic policies in Africa are scrutinized to answer the question: how can African regions best foster new manufacturing industries and value chains across the continent? In conclusion, the book outlines content and processes of Common Industrial Policy in the African regions. The book also addresses the controversial issue of international trade agreements between developing countries and the European Union or the USA and investigates whether these agreements impede or promote economic development in Africa. The book includes a detailed roadmap describing how to improve key clauses of agreements for economic partnership in the interest of African countries. In closing, it outlines a new vision of joint sustainable development for Africa and Europe.

Author: Loren Yager
Publisher: DIANE Publishing
ISBN: 1437920772
Category : Business & Economics
Languages : en
Pages : 47

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Book Description
Sub-Saharan Africa's (SSA) textile and apparel industry has not achieved the growth anticipated under the African Growth and Opportunity Act (AGOA). This report identifies changes to U.S. trade preference programs "to provide incentives to increase investment and other measures necessary to improve the competitiveness of [SSA] beneficiary countries in the production of yarns, fabric, and other textile and apparel inputs." This report provides Congress a range of options put forward by experts for: (1) possible changes to AGOA or other U.S. trade preference programs; and (2) other measures the U.S. gov¿t. could take to help increase investment in and improve competitiveness of SSA textile and apparel inputs production. Charts and tables.

Author: Meine Pieter van Dijk
Publisher: Amsterdam University Press
ISBN: 908964136X
Category : Business & Economics
Languages : en
Pages : 225

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Book Description
"This book describes China's growing range of activities in Africa, especially in the sub-Saharan region. The three most important instruments China has at its disposal in Africa are development aid, investments and trade policy. The Chinese government, which believes the Western development aid model has failed, is looking for new forms of aid and development in Africa. China's economic success can partly be ascribed to the huge availability of cheap labour, which is primarily employed in export-oriented industries. China is looking for the required raw materials in Africa, and for new marketplaces. Investments are being made on a large scale in Africa by Chinese state-controlled firms and private companies, particularly in the oil-producing countries (Angola, Nigeria and Sudan) and countries rich in minerals (Zambia). Third, the trade policy China is conducting is analysed in China and compared with that of Europe and the United States. In case studies the specific situation in several African countries is examined. In Zambia the mining industry, construction and agriculture are described. One case study of Sudan deals with the political presence of China in Sudan and the extent to which Chinese arms suppliers contributed to the current crisis in Darfur. The possibility of Chinese diplomacy offering a solution in that conflict is discussed. The conclusion considers whether social responsibility can be expected of the Chinese government and companies and if this is desirable, and to what extent the Chinese model in Africa can act as an example - or not - for the West"--Publisher's description.

Author: Donald L. Canney
Publisher: Potomac Books, Inc.
ISBN: 1597974641
Category : Business & Economics
Languages : en
Pages : 407

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Book Description
Donald L. CanneyOCOs study is the first book-length history of the U.S. NavyOCOs Africa Squadron. Established in 1842 to enforce the ban on importing slaves to the United States, in twenty yearsOCO time the squadron proved ineffective. To officers and enlisted men alike, duty in the squadron was unpopular. The equatorial climate, departmental neglect, and judicial indifference, which allowed slavers back at sea, all contributed to the sailorsOCO frustration. Later, the most damaging allegation was that the squadron had failed at its mission. Canney investigates how this unit earned a poor reputation and whether it is deserved. Though U.S. warships seized slave vessels as early as 1800, four decades passed before the Navy established a permanent squadron off the western coast of Africa to interdict U.S.-flag vessels participating in this trade. Canney traces the NavyOCOs role in interdicting the slave trade, Great BritainOCOs pressure on the U.S. government to curb slave traffic, the creation of the squadron, and how individual politicians, department secretaries, captains, and squadron commanders interpreted the laws and orders from higher authorities, changing squadron operations. While famous ships and captains served on this station, none won distinction in the Africa Squadron. In the final analysis, the squadron was unsuccessful, even though it was the NavyOCOs only permanent squadron with a specific, congressionally mandated mission: to maintain a quasi-blockade on a foreign shore. While Canney exonerates southern-born naval captains, who approached their work as diligently as their counterparts from the north, he demonstrates how the secretaries of the NavyOCopro-slavery southern politiciansOConeglected the squadron."

Author: John Sullivan Wilson
Publisher: World Bank Publications
ISBN: 9780821354735
Category : Business & Economics
Languages : en
Pages : 492

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Book Description
This publication provides the first comprehensive assessment of the relationship between trade standards and development priorities in Africa, with case studies of the use of international standards and capacity for compliance in five countries: Kenya, Mozambique, Nigeria, South Africa and Uganda. It describes the economic context of trade standards in these countries, and examines the mechanisms by which standards and regulations are established and revised at local and international levels. It also considers the probable impact of new standards, regulations and related production/marketing practices in key industries.

Author: Charles Chukwuma Soludo
Publisher: IDRC
ISBN: 1592211658
Category : Africa
Languages : en
Pages : 376

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Book Description
This book maps the process and political economy of policy making in Africa. It's focus on trade and industrial policy makes it unique and it will appeal to students and academics in economics, political economy, political science and African studies. Detailed case studies help the reader to understand how the process and motivation behind policy decisions can vary from country to country depending on the form of government, ethnicity and nationality and other social factors.

Author: Moyo, Theresa
Publisher: CODESRIA
ISBN: 2869785712
Category : Business & Economics
Languages : en
Pages : 406

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Book Description
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.