Imports and Growth in Africa PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Imports and Growth in Africa PDF full book. Access full book title Imports and Growth in Africa by Ramon Eugenio Lopez. Download full books in PDF and EPUB format.
Author: Ramon Eugenio Lopez
Publisher: World Bank Publications
ISBN:
Category : Africa
Languages : en
Pages : 75
Get Book Here
Book Description
Faster economic growth in Africa involves a recovery in the growth of imports -- and greater efficiency in their use.
Author: Ramon Eugenio Lopez
Publisher: World Bank Publications
ISBN:
Category : Africa
Languages : en
Pages : 75
Get Book Here
Book Description
Faster economic growth in Africa involves a recovery in the growth of imports -- and greater efficiency in their use.
Author: Manitra A. Rakotoarisoa
Publisher: John Donald
ISBN: 9789251070888
Category : Agriculture
Languages : en
Pages : 85
Get Book Here
Book Description
Author: Ramon Eugenio Lopez
Publisher: Washington, DC : Trade Policy Division, World Bank
ISBN:
Category : Africa
Languages : en
Pages : 26
Get Book Here
Book Description
Author: Charles L. Chanthunya
Publisher: Ashgate Publishing
ISBN:
Category : Africa
Languages : en
Pages : 282
Get Book Here
Book Description
The relationship between trade regime and economic growth is a topical policy issue today. For example, African countries have, since the 1970s, continued to face economic downturn; most of the countries are poorer now than they were at the time of political independence. Singular among the widely held explanations of Africa's economic malaise is that, in the post-independence era, the countries got wrong the nexus between trade policy and development strategy. The two main competing approaches were whether the countries should adopt import substitution strategies and build their industrial base just as Europe had done, or whether they should heed advice from the Bretton Woods institutions and WTO (formerly GATT) to pursue export promotion and free trade. This book therefore focuses on one of the controversial questions in the emerging paradigm on international trade and economic development, namely the relationship between trade policy and economic growth. The question asked is, 'which trade regime is appropriate for promoting economic growth in developing countries?' The most extant theoretical and empirical aspects of the question are integrated smoothly with institutional and policy issues. The analysis is illustrated through examples from a sample of ten African countries, with special reference to Zambia and Malawi. The book concludes by discussing the appropriate strategy for African countries. This work is the first of its kind on this paradigm and on African countries; it is comprehensive in coverage and strikes a balance between the theory, evidence and policy issues.
Author: Lauren Bresnahan
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Social Science
Languages : en
Pages : 28
Get Book Here
Book Description
Manufacturing is intensive in the use of reproducible factors and exhibits greater technological dynamism than primary production. As such, its growth is central to long-run development in low-income countries. African countries are latecomers to industrialization, and barriers to manufacturing growth, including those that limit trade, have been slow to come down. What factors contribute most to increases in output and productivity growth in African manufacturing? Recent tradeindustrial organization theory suggests that trade liberalization should raise average total factor productivity (TFP) among manufacturing firms (Melitz 2003). However, these predictions are conditional on maintained assumptions about the nature of industries, factor markets, and trade patterns that may not be appropriate in a developing-country setting. Manufacturing firms are heterogeneous, so the analysis demands disaggregated data. We use firm-level data from the World Banks Regional Program on Enterprise Development, covering Ghana, Kenya, Nigeria, and Tanzania for 19912003. Among other things, the data distinguish exports by destination (Africa and the rest of the world), which is important due to the spread of intra-African regional trade agreements (RTAs). Econometric results confirm well-known relationships, such as a positive association between export intensity and TFP, which implies that more productive firms are more likely to select in to exporting. However, we also find the destination of exports to be important. Many exporters have experienced declining TFP growth rates, which have occurred at different rates depending on the country and the export destination. The evidence for learning by exporting is thus mixed. These results add a new dimension to controversies over the development implications of trade liberalization and the promotion of intra-African RTAs.
Author: Sanjaya Lall
Publisher: Springer
ISBN: 1349148520
Category : Business & Economics
Languages : en
Pages : 301
Get Book Here
Book Description
Many African countries liberalized in the belief that international competition would stimulate efficiency, growth and technological dynamism. The results are mixed, but largely disappointing. This book examines why, looking at technological reactions to liberalization in garments and engineering in Tanzania, Kenya and Zimbabwe, countries with different levels of industrialisation and differing degrees of liberalization. Its findings, aimed at practitioners and researchers, explain why the assumptions underlying liberalisation are often flawed, why capabilities differ, and why they lag behind other regions.
Author: Valentin von Massow
Publisher: ILRI (aka ILCA and ILRAD)
ISBN: 9789290530985
Category : Technology & Engineering
Languages : en
Pages : 56
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category : Africa
Languages : en
Pages : 56
Get Book Here
Book Description
Author: Garth Frazer
Publisher:
ISBN:
Category : Africa
Languages : en
Pages : 31
Get Book Here
Book Description
This paper explores whether one of the most important U.S. policies towards Africa of the past few decades achieved its desired result. In 2000, the United States dropped trade restrictions on a broad list of products through the African Growth and Opportunity Act (AGOA). Since the Act was applied to both countries and products, we estimate the impact with a triple difference-in-differences estimation, controlling for both country and product-level import surges at the time of onset. This approach allows us to better address the "endogeneity of policy" critique of standard difference-in-differences estimation than if either a country or a product-level analysis was performed separately. Despite the fact that the AGOA product list as chosen to not include "import-sensitive" products, and despite the general challenges of transaction costs in African countries, we find that AGOA has a large and robust impact on apparel imports into the U.S., as well as on the agricultural and manufactured products covered by AGOA. These import responses grew over time and were the largest in product categories where the tariffs removed were large. AGOA did not result in a decrease in exports to Europe in these product categories, suggesting that the U.S.-AGOA imports were not merely diverted from elsewhere. We discuss how the effects vary across countries and the implications of these findings for aggregate export volumes.
Author: Mr.Paulo Drummond
Publisher: International Monetary Fund
ISBN: 1484311396
Category : Business & Economics
Languages : en
Pages : 24
Get Book Here
Book Description
The rapid growth in China’s domestic investment in recent decades has generated a large appetite for global goods, including from sub-Saharan Africa (SSA). This paper estimates the impact of changes in China’s investment growth on SSA’s exports. Although rising trading links with China have allowed African countries to diversify their export base across countries, away from advanced economies, they have also led SSA countries to become more susceptible to spillovers from China. Based on panel data analysis, a 1 percentage point increase (decline) in China’s domestic investment growth is associated with an average 0.6 percentage point increase (decline) in SSA countries’ export growth. This impact is larger for resource-rich countries, especially oil exporters. These effects could be mitigated, however, to the extent that countries can reorient their exports.
