Informal Cross-Border Trade and Trade Facilitation Reform in Sub-Saharan Africa:
The informal sector still constitutes an important part of developing country economies. In Africa, it is estimated to represent 43 percent of official gross domestic product (GDP), thus being almost equivalent to the formal sector. While this phenomenon may provide short-term solutions to poor hous...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2009
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| Schriftenreihe: | OECD Trade Policy Papers
no.86 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | The informal sector still constitutes an important part of developing country economies. In Africa, it is estimated to represent 43 percent of official gross domestic product (GDP), thus being almost equivalent to the formal sector. While this phenomenon may provide short-term solutions to poor households, in the longer term, it can seriously challenge the economic development of African countries. This study explores one particular aspect of the informal economy, namely informal cross-border trade in selected Sub-Saharan African countries, and identifies which trade facilitation measures (such as those currently negotiated at the World Trade Organisation) have the potential to encourage traders to switch from informal to formal trade. The paper considers measures that help reduce direct and indirect trade transaction costs arising from mandatory import- and export-related procedures; mechanisms that simplify trade-related regulations and requirements for selected low value transactions; and policies that help enhance compliance levels with existing international trade regulations. In addition, the study explores a number of complementary measures (such as the provision of effective business support services to ?formal? traders and enhanced dialogue between traders and border agencies) which can further encourage firms to formalise their cross-border transactions. The paper does however not suggest that trade facilitation reform alone will help reduce informal cross-border trade nor that governments will be able to fully eliminate its incidence in the region. |
| Beschreibung: | 1 Online-Ressource (54 p.) 21 x 29.7cm. |
| DOI: | 10.1787/225770164564 |
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| spelling | Lesser, Caroline VerfasserIn aut Informal Cross-Border Trade and Trade Facilitation Reform in Sub-Saharan Africa Caroline, Lesser and Evdokia, Moisé-Leeman Paris OECD Publishing 2009 1 Online-Ressource (54 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Trade Policy Papers no.86 The informal sector still constitutes an important part of developing country economies. In Africa, it is estimated to represent 43 percent of official gross domestic product (GDP), thus being almost equivalent to the formal sector. While this phenomenon may provide short-term solutions to poor households, in the longer term, it can seriously challenge the economic development of African countries. This study explores one particular aspect of the informal economy, namely informal cross-border trade in selected Sub-Saharan African countries, and identifies which trade facilitation measures (such as those currently negotiated at the World Trade Organisation) have the potential to encourage traders to switch from informal to formal trade. The paper considers measures that help reduce direct and indirect trade transaction costs arising from mandatory import- and export-related procedures; mechanisms that simplify trade-related regulations and requirements for selected low value transactions; and policies that help enhance compliance levels with existing international trade regulations. In addition, the study explores a number of complementary measures (such as the provision of effective business support services to ?formal? traders and enhanced dialogue between traders and border agencies) which can further encourage firms to formalise their cross-border transactions. The paper does however not suggest that trade facilitation reform alone will help reduce informal cross-border trade nor that governments will be able to fully eliminate its incidence in the region. Trade Moisé-Leeman, Evdokia MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/225770164564 Volltext |
| spellingShingle | Lesser, Caroline Informal Cross-Border Trade and Trade Facilitation Reform in Sub-Saharan Africa Trade |
| title | Informal Cross-Border Trade and Trade Facilitation Reform in Sub-Saharan Africa |
| title_auth | Informal Cross-Border Trade and Trade Facilitation Reform in Sub-Saharan Africa |
| title_exact_search | Informal Cross-Border Trade and Trade Facilitation Reform in Sub-Saharan Africa |
| title_full | Informal Cross-Border Trade and Trade Facilitation Reform in Sub-Saharan Africa Caroline, Lesser and Evdokia, Moisé-Leeman |
| title_fullStr | Informal Cross-Border Trade and Trade Facilitation Reform in Sub-Saharan Africa Caroline, Lesser and Evdokia, Moisé-Leeman |
| title_full_unstemmed | Informal Cross-Border Trade and Trade Facilitation Reform in Sub-Saharan Africa Caroline, Lesser and Evdokia, Moisé-Leeman |
| title_short | Informal Cross-Border Trade and Trade Facilitation Reform in Sub-Saharan Africa |
| title_sort | informal cross border trade and trade facilitation reform in sub saharan africa |
| topic | Trade |
| topic_facet | Trade |
| url | https://doi.org/10.1787/225770164564 |
| work_keys_str_mv | AT lessercaroline informalcrossbordertradeandtradefacilitationreforminsubsaharanafrica AT moiseleemanevdokia informalcrossbordertradeandtradefacilitationreforminsubsaharanafrica |