Regional Trade Arrangements in Africa: Past Performance and the Way Forward
Regional trade arrangements (RTAs) in Africa have been ineffective in promoting trade and foreign direct investment. Relatively high external trade barriers and low resource complementarity between member countries limit both intra- and extraregional trade. Small market size, poor transport faciliti...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2005
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Schriftenreihe: | IMF Working Papers
Working Paper No. 05/36 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | Regional trade arrangements (RTAs) in Africa have been ineffective in promoting trade and foreign direct investment. Relatively high external trade barriers and low resource complementarity between member countries limit both intra- and extraregional trade. Small market size, poor transport facilities and high trading costs make it difficult for African countries to reap the potential benefits of RTAs. To increase regional trade and investment, African countries need to undertake more broad-based liberalization and streamline existing RTAs, supported by improvements in infrastructure and trade facilitation. Early action to strengthen the domestic revenue base would help address concerns over revenue losses from trade liberalization |
Beschreibung: | 1 Online-Ressource (44 p) |
ISBN: | 1451860552 9781451860559 |
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spelling | Yang, Yongzheng Verfasser aut Regional Trade Arrangements in Africa Past Performance and the Way Forward Yang, Yongzheng Washington, D.C International Monetary Fund 2005 1 Online-Ressource (44 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 05/36 Regional trade arrangements (RTAs) in Africa have been ineffective in promoting trade and foreign direct investment. Relatively high external trade barriers and low resource complementarity between member countries limit both intra- and extraregional trade. Small market size, poor transport facilities and high trading costs make it difficult for African countries to reap the potential benefits of RTAs. To increase regional trade and investment, African countries need to undertake more broad-based liberalization and streamline existing RTAs, supported by improvements in infrastructure and trade facilitation. Early action to strengthen the domestic revenue base would help address concerns over revenue losses from trade liberalization Online-Ausg Gupta, Sanjeev Sonstige oth http://elibrary.imf.org/view/IMF001/05653-9781451860559/05653-9781451860559/05653-9781451860559.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Yang, Yongzheng Regional Trade Arrangements in Africa Past Performance and the Way Forward |
title | Regional Trade Arrangements in Africa Past Performance and the Way Forward |
title_auth | Regional Trade Arrangements in Africa Past Performance and the Way Forward |
title_exact_search | Regional Trade Arrangements in Africa Past Performance and the Way Forward |
title_exact_search_txtP | Regional Trade Arrangements in Africa Past Performance and the Way Forward |
title_full | Regional Trade Arrangements in Africa Past Performance and the Way Forward Yang, Yongzheng |
title_fullStr | Regional Trade Arrangements in Africa Past Performance and the Way Forward Yang, Yongzheng |
title_full_unstemmed | Regional Trade Arrangements in Africa Past Performance and the Way Forward Yang, Yongzheng |
title_short | Regional Trade Arrangements in Africa |
title_sort | regional trade arrangements in africa past performance and the way forward |
title_sub | Past Performance and the Way Forward |
url | http://elibrary.imf.org/view/IMF001/05653-9781451860559/05653-9781451860559/05653-9781451860559.xml |
work_keys_str_mv | AT yangyongzheng regionaltradearrangementsinafricapastperformanceandthewayforward AT guptasanjeev regionaltradearrangementsinafricapastperformanceandthewayforward |