UNCTAD, “Economic Development in Africa 2008: Export Performance Following”
UNCTAD | 2008 | ISBN: 9211127548 | 111 pages | PDF | 3,2 MB
The Report proposes some policies that could help Africa to refocus its development priorities on structural transformation in order to increase the continents supply capacity and export response. These policy proposals are underscored by the observation that export development requires more than trade liberalization and that trade policy needs to be closely linked to complementary and clearly defined agricultural and industrial sector development policies. The Report emphasizes the need for macroeconomic and political stability as well as policy predictability as prerequisites for the success of trade liberalization and secotral development policies in Africa.
Chapter 1 briefly discusses the history of trade policy in Africa, the rationale for trade liberalization and its timing; it also provides an overview of Africas export performance to date in value, volume and composition.
Chapter 2 examines Africas export performance in agriculture while chapter 3 investigates why Africa has failed to diversify into the manufacturing sector in order to increase manufacturing exports. Both chapters attempt to identify the factors that underlie the trends in exports of agricultural and manufacturing products.
Chapter 4 discusses some policy options for improving Africas export performance. These revolve around the issues of productivity, competitiveness, market access and access to factors of production, both in the agricultural and manufacturing sectors.
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