Did Domestic Policies Marginalize Africa in International Trade?

Did Domestic Policies Marginalize Africa in International Trade? PDF Author: Alexander J. Yeats
Publisher: World Bank Publications
ISBN: 9780821336694
Category : Business & Economics
Languages : en
Pages : 44

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Book Description
World Bank Technical Paper No. 344. Presents and analyzes a wealth of data on levels of and trends in health status, delivery of services, and financing in each of the former Soviet states of Central Asia. The paper examines health care reform from the perspectives of macroeconomic constraints, the demographic and epidemiological transitions facing each country, the underlying structure and financing of their health systems, and what they have inherited from the old Soviet system.

Did Domestic Policies Marginalize Africa in International Trade?

Did Domestic Policies Marginalize Africa in International Trade? PDF Author: Alexander J. Yeats
Publisher: World Bank Publications
ISBN: 9780821336694
Category : Business & Economics
Languages : en
Pages : 44

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Book Description
World Bank Technical Paper No. 344. Presents and analyzes a wealth of data on levels of and trends in health status, delivery of services, and financing in each of the former Soviet states of Central Asia. The paper examines health care reform from the perspectives of macroeconomic constraints, the demographic and epidemiological transitions facing each country, the underlying structure and financing of their health systems, and what they have inherited from the old Soviet system.

Open Economies Work Better! Did Africa's Protectionist Policies Cause Its Marginalization in World Trade?

Open Economies Work Better! Did Africa's Protectionist Policies Cause Its Marginalization in World Trade? PDF Author: Francis Ng
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
August 1996 Sub-Saharan Africa has declined in importance in world trade mainly because it has not remained competitive. External protection has not played a major role in this decline; indeed, OECD trade preferences gave Africa an advantage over many exporters. But Africa's own trade barriers are too high. Many studies show that liberal trade policies generally lead to superior growth, an important finding if Africa is to reverse its diminishing role in world trade. In the mid-1950s Sub-Saharan Africa accounted for 3.1 percent of global exports. By 1990 this share had fallen to 1.2 percent. The reasons for this decline are important for policymaking. If external protection in OECD markets was an important contributing factor, the solution to Africa's trade problems requires liberalizing industrial countries' trade barriers. But if Africa's marginalization resulted primarily from inappropriate domestic policies that reduced the region's ability to compete internationally, changes in Africa's own policies are crucial for a reversal of adverse trade trends. Ng and Yeats find that Africa's extensive loss of competitiveness played a key role in its decline in world trade. If Africa had merely retained its 1962-64 OECD market shares, its exports now would be 75 percent ($11 billion) higher. In addition, global demand for the region's major exports grew considerably more slowly than demand for most other goods. In short, Africa's problem was two-pronged: It experienced declining market shares for its major export products, which, in turn, were of declining relative importance in world trade. And it was unable to diversify its export base. As a result, it is now among the regions mostly highly dependent on relatively few export products and -- unlike all other regions -- this dependence has increased sharply over the past three decades. Empirical evidence developed by Ng and Yeats shows that external protection has not played a major role in this decline; indeed, OECD trade preferences gave Africa an advantage over many exporters. Trade restrictions and domestic policy interventions often create a bias against tradables, especially exports, that prevents the achievement of otherwise attainable growth rates. Import barriers in Africa are far higher than in developing countries with faster export growth, and appear to work against potential export products. If the region is to reverse its unfavorable export trends, it must adopt trade and structural adjustment policies that help make it competitive and help African exporters capitalize on foreign trade opportunities. This paper -- a product of the International Trade Division, International Economics Department -- is part of a larger effort in the department to identify barriers to developing countries' exports and assist in their removal.

Open Economies Work Better! Did Africa's Protectionist Policies Cause Its Marginalization in World Trade?

Open Economies Work Better! Did Africa's Protectionist Policies Cause Its Marginalization in World Trade? PDF Author: Francis Ng
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
Sub-Saharan Africa's declining importance in global trade is primarily due to its inability to remain competitive in international markets. If Africa merely retained its 1962-1964 shares for major products its exports would now be 75% ($11 billion) higher. External protection against Africa has not played an important role in this decline, in fact, OECD trade preferences made market access conditions for Africa more favorable than that for many other exporters. In contrast, sub-Saharan Africa's own trade barriers are considerably higher than those of most other developing countries, particularly those that launched sustained export-oriented industrialization drives. Since numerous studies show countries which pursue liberal trade policies generally achieve superior growth rates, these findings accent the importance of domestic policy reforms if Africa is to reverse its diminishing role in world trade. In short, the future of African economies will be determined by Africans themselves and not by outsiders.

The Politics of Trade and Industrial Policy in Africa

The Politics of Trade and Industrial Policy in Africa PDF 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.

 PDF Author:
Publisher: DIANE Publishing
ISBN: 1428906630
Category :
Languages : en
Pages : 507

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Book Description


Africa and the World Trading System

Africa and the World Trading System PDF Author: T. Ademola Oyejide
Publisher: Africa World Press
ISBN: 9781592211333
Category : Business & Economics
Languages : en
Pages : 404

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Book Description
This three-volume set presents the results of a research project initiated by the African Economic Research Consortium. The project intended to identify and examine the critical analytical and policy issues involved in Africa's economic links with the rest of the world, particularly in the context of the emerging global trading system. The project had two distinct but closely related component parts. The first was based on empirical, region-wide analysis and was designed to provide the framework for the menu of issues explored.

What Can be Expected from Afican Regional Trade Arrangements

What Can be Expected from Afican Regional Trade Arrangements PDF Author:
Publisher: World Bank Publications
ISBN: 1911104527
Category :
Languages : en
Pages : 119

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Book Description


The Study of Africa Volume 2: Global and Transnational Engagements

The Study of Africa Volume 2: Global and Transnational Engagements PDF Author: Tiyambe Zeleza
Publisher: African Books Collective
ISBN: 2869784236
Category : Social Science
Languages : en
Pages : 421

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Book Description
This is the second of a two-volume work taking stock of the study of Africa in the twenty-first century: its status, research agenda and approaches, and place. It is divided into two parts, the first entitled Globalisation Studies and African Studies, and the second, African Studies in Regional Contexts. Topics addressed in part one include: trans-boundary formations and the study of Africa; global economic liberalisation and development in Africa; African diasporas, academics and the struggle for a global epistemic presence; and the problem of translation in African studies. Part two considers: African and area studies in France, the US, the UK, Australia, Germany and Sweden; anti-colonialism and Russian/soviet African studies; African studies in the Caribbean in historical perspective; the teaching of African history and the history of Africa in Brazil; African studies in India; African studies and historiography in China in the twenty-first century; and African studies and contemporary scholarship in Japan.

The Study of Africa Volume 2: Global and Transnational Engagements

The Study of Africa Volume 2: Global and Transnational Engagements PDF Author: Paul Tiyambe Zeleza
Publisher: African Books Collective
ISBN: 2869781989
Category : Business & Economics
Languages : en
Pages : 421

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Book Description
This is the second of a two-volume work taking stock of the study of Africa in the twenty-first century: its status, research agenda and approaches, and place. It is divided into two parts, the first entitled Globalisation Studies and African Studies, and the second, African Studies in Regional Contexts. Topics addressed in part one include: trans-boundary formations and the study of Africa; global economic liberalisation and development in Africa; African diasporas, academics and the struggle for a global epistemic presence; and the problem of translation in African studies. Part two considers: African and area studies in France, the US, the UK, Australia, Germany and Sweden; anti-colonialism and Russian/soviet African studies; African studies in the Caribbean in historical perspective; the teaching of African history and the history of Africa in Brazil; African studies in India; African studies and historiography in China in the twenty-first century; and African studies and contemporary scholarship in Japan.

Economic Liberalisation and Development in Africa

Economic Liberalisation and Development in Africa PDF Author: Jomo Kwame Sundaram
Publisher: African Books Collective
ISBN: 2869782578
Category : Social Science
Languages : en
Pages : 78

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Book Description
In this endnote address delivered at the 11th General Assembly of CODESRIA, held in Maputo in 2005, Sundaram notes that over three decades of economic stagnation, contraction and increased poverty have taken a huge toll on Africa's economic, social and political fabric; and pro-active efforts are urgently required in order to build new capacities and capabilities for development. He argues that much of the ostensible conventional wisdom regarding African development and poverty is often both erroneous and harmful; and calls for greater 'policy space' for African governments to choose or design their own development strategies, as well as implement more appropriate development policies. (This dual language edition is in both English and French).