Africa in the New Trade Environment

Africa in the New Trade Environment Market Access in Troubled Times

Souleymane Coulibaly, Woubet Kassa, and Albert G. Zeufack, Editors

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Africa in the New Trade Environment

Published on Mar 18, 2022

"Africa represents a small share of global production and trade, while hosting half of the extreme poor worldwide. To catch up with the rest of the world, there is no alternative: the continent needs to link its production and trade to the global economy to take advantage of unlimited demand and innovation along the supply chain. The book presents a strategy to bolster Africa’s market access in the current global environment. It explores three key areas †“ the impact of trade agreements (unilateral, regional, and multilateral) with traditional partners (the United States and the European Union) and a way forward; the role of new market frontiers in Asia both from the perspective of restructuring economies in the region as well as changing global value chains (GVCs) and their implications for Africa; and finally an inward examination of the promise and challenges of regional trade and value chains. The book meticulously explores ways to maximize Africa’s access to the two leading world markets †“ the Europea

Africa in the New Trade Environment

Articles inside

References

Notes

What Will It Take for Africa to Create Regional Value Chains?

Sub-Saharan African Countries

7.1 Diversifying Production through Regional Cooperation

Sub-Saharan African Countries on African Importing Partners, by Sector

Some Regional Policy Options to Complement the AfCFTA

Countries

Sub-Saharan African Countries

Countries, by Type of Measure

Introduction

What Is Africa’s Experience in Global Value Chains? Are Nontariff Measures Limiting the GVC Participation of Firms in

References

Sub-Saharan Africa?

Policy Implications

6.10 Adjustment Paths Following Trade Liberalization

Economic Outcomes

Capital Intensity of Exports from Sub-Saharan Africa

Conclusion and Policy Implications

Revisiting the Theory of Regional Integration in Light of the AfCFTA

versus Exports to Other Countries

Introduction

Econometric Assessment of Sub-Saharan African Participation in Asian GVCs

Key Trade Patterns and GVC Links between Sub-Saharan Africa and Asia

Asian and Non-Asian Destinations, 2005 and 2015

Conclusion

Notes

Exporters and Innovators

Introduction

References

by Dominant Destination Market

Empirical Strategy, Data, and Preliminary Analysis

Does the Export Market Matter? A Literature Review

Countries and Indonesia, 1989–2019

Countries, 2004

Introduction

Countries and India

References

Fostering Trade Relations through Agreements

Notes

the United States, by Export Type, 2001–15

Differentiated Impacts of the AGOA and EBA on ECOWAS Countries

of AGOA and EBA Trade Impacts on West African Countries, 2001–15, and by Three-Year Period

Estimations of the Trade Impacts of the AGOA and EBA ECOWAS Exports to the European Union and the

Empirical Specifications and Data

References

Notes

Conclusion

Annex 2C AGOA Impacts, by Country

US Trade Preferences: The GSP and AGOA

References

Introduction

Notes

A Product-Level Perspective from Disaggregated Export Data

Annex 1A The Synthetic Control Method

Conclusion

Main Drivers of Exports under the AGOA

Introduction

Ingredients for Sub-Saharan Africa’s Market Access Strategy How Can Sub-Saharan African Countries Boost Exports through

How Can Sub-Saharan African Countries Diversify Their Market Access?

Contributions of This Volume

How Could Regional Integration Initiatives Help This Dual Strategy to Succeed?

Notes

Preferential Access to the EU and US Markets?

References

Introduction