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Africa in the New Trade Environment Market Access in Troubled Times

Africa in the New Trade Environment: Market Access in Troubled Times

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  • Détails du fichier
  • Size: 25MB
  • Créateur / Auteur : Joan Addedis
  • Type de ressource : Africa Capacity Report
  • # Télécharger: 254
  • Accéder: Open to Download

January, 2022

Informations de base
Créateur / Auteur
Coulibaly, Souleymane; Kassa, Woubet; Zeufack, Albert G.
Source / Éditeur
World Bank
Nombre de pages
361
Détails géographiques et d'audience
Classification et domaines
Objet
Markets, Trade, Export, Africa,
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Résumé

Sub-Saharan Africa represents only 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, the continent has no alternative: it must undertake reforms to scale up its supply capacity while better linking its production and trade to the global economy. If it does so, it stands to gain from unlimited demand and innovation along the supply chain. Some progress has been made over the past decade, with the regions exports and imports growing rapidly. Because most African economies rely heavily on trade for a large share of national income, they will also be more vulnerable to the trade disruptions of external shocks, as illustrated by the recent COVID-19 pandemic. Africa in the New Trade Environment: Market Access in Troubled Times provides a comprehensive, state-of-the-art analysis by a team of renowned trade economists who present a strategy to bolster Sub-Saharan Africas market access in the current global environment.
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