Trade Liberalisation
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Trade Liberalisation and Economic Development in Africa
This book provides a thorough and rigorous discussion on the impact of trade liberalisation on economic development with a special focus on the African continent. The author presents the rationale for trade liberalisation, trade liberalisation frameworks, the trade liberalisation economic development nexus, impediments to trade, and contemporary issues of international trade. In this book, notwithstanding the benefits from trade liberalisation, the author shows that African trade as a share of global trade has remained flat at 3% as in 1975, while the continent’s exports have remained raw materials and its intra-regional trade at less than 15% of total trade, which is the lowest in the world (UNCTAD, 2020). With respect to key economic development indicators such as economic growth, poverty levels, and employment levels, this book shows that, ironically and in direct contrast with the conventional views that trade liberalisation alleviates poverty, trade liberalisation in Africa has resulted in high levels of unemployment and low economic growth which ultimately lead to increased poverty. In addition, this book provides a detailed analysis of why trade liberalisation has failed to yield meaningful benefits to Africa. The binding constraints and blockages which prevent positive spin-offs on trade liberalisation in Africa are discussed in detail in this book. In the same vein, the author provides practical strategies which must be adopted by African countries in order to gain from trade liberalisation, making this work a must-read for African governments, academia, trade experts, regional trading blocs, the World Trade Organization, and development partners. In view of this, and as part of the disruptive and structural transformation policies, the author discusses case studies and international experience contextualised to Africa as well as strategies for addressing the trade-related infrastructure gap, production capacities, export promotion, and aid for trade.
Trade Liberalisation and International Co-operation
Author: Tania Voon
language: en
Publisher: Edward Elgar Publishing
Release Date: 2013-12-27
Experts from a range of backgrounds around the world provide perspectives on the significance and likely impact of the agreement, and in particular its implications for national regulatory autonomy. The chapters cover cross-cutting issues such as devel
Globalisation and International Trade Liberalisation
Author: Martin Richardson
language: en
Publisher: Edward Elgar Publishing
Release Date: 2000
Economists, executives of companies, and officials in governments and in non-government organizations such as the World Trade Organization are among those who were invited to make presentations at the 34th University of Otago (New Zealand) Foreign Policy School and offer their views here. They consider the broad themes of the desirability or otherwise of globalization, and the practical mechanics of and prospects for increased multinational international trade deregulation. They discuss competition policy issues, the future of financial institutions, the possible future expansion of the World Trade Organization, and that body's mechanism for settling disputes in light of recent spats across the Atlantic. Annotation copyrighted by Book News, Inc., Portland, OR