Pub Date : 2021-07-01DOI: 10.2991/jat.k.210618.001
Zhina Sun, Ehizuelen Michael Mitchell Omoruyi
{"title":"Effect of China’s Zero-Tariff Treatment under FOCAC on Export Diversification in Beneficiary Countries in Africa","authors":"Zhina Sun, Ehizuelen Michael Mitchell Omoruyi","doi":"10.2991/jat.k.210618.001","DOIUrl":"https://doi.org/10.2991/jat.k.210618.001","url":null,"abstract":"","PeriodicalId":33808,"journal":{"name":"Journal of African Trade","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43803110","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-06-01DOI: 10.2991/JAT.K.210521.001
D. N. Kangami, O. Akinkugbe
{"title":"Common Currency and Intra-Regional Trade in the Central African Monetary Community (CEMAC)","authors":"D. N. Kangami, O. Akinkugbe","doi":"10.2991/JAT.K.210521.001","DOIUrl":"https://doi.org/10.2991/JAT.K.210521.001","url":null,"abstract":"","PeriodicalId":33808,"journal":{"name":"Journal of African Trade","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47652666","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-05-01DOI: 10.2991/JAT.K.210428.001
Komi Tsowou, Junior R. Davis
{"title":"Reaping the AfCFTA Potential Through Well-Functioning Rules of Origin","authors":"Komi Tsowou, Junior R. Davis","doi":"10.2991/JAT.K.210428.001","DOIUrl":"https://doi.org/10.2991/JAT.K.210428.001","url":null,"abstract":"","PeriodicalId":33808,"journal":{"name":"Journal of African Trade","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47066808","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-03-01DOI: 10.2991/JAT.K.210311.001
G. Gondwe
{"title":"Regional Integration and Trade: Case of COMESA Free Trade Area","authors":"G. Gondwe","doi":"10.2991/JAT.K.210311.001","DOIUrl":"https://doi.org/10.2991/JAT.K.210311.001","url":null,"abstract":"","PeriodicalId":33808,"journal":{"name":"Journal of African Trade","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45229919","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-01DOI: 10.2991/jat.k.211130.001
Jonathan Bashi Rudahindwa, Sophie van Huellen
Regional integration occupies a prominent place in the economic policies of most SubSaharan African countries. However, despite different waves of initiatives across the African continent, the majority of African regional schemes have not managed to achieve their ambitious goal of promoting sustainable development through trade integration in Africa. In light of this observation, using the West African cocoachocolate sector as a case study, we propose the regional developmentalism paradigm as an alternative approach to regionalism in Africa, placing a particular emphasis on the use of regional and sub-regional approaches to development. Instead of full-fledged trade liberalisation and indiscriminate economic integration, the regional developmentalism paradigm advocates for state-led trade facilitation, regulatory convergence and capacity-building through the adoption of policies directed at strategic sectors. We evaluate the potential of the regional developmentalism paradigm to promote economic transformation and commodity-based industrialisation against the shortcomings of the current regional integration approach embodied in the institutional framework of ECOWAS.
{"title":"Regional Developmentalism in West Africa: The Case for Commodity-based Industrialization through Regional Cooperation in the Cocoa–Chocolate Sector","authors":"Jonathan Bashi Rudahindwa, Sophie van Huellen","doi":"10.2991/jat.k.211130.001","DOIUrl":"https://doi.org/10.2991/jat.k.211130.001","url":null,"abstract":"Regional integration occupies a prominent place in the economic policies of most SubSaharan African countries. However, despite different waves of initiatives across the African continent, the majority of African regional schemes have not managed to achieve their ambitious goal of promoting sustainable development through trade integration in Africa. In light of this observation, using the West African cocoachocolate sector as a case study, we propose the regional developmentalism paradigm as an alternative approach to regionalism in Africa, placing a particular emphasis on the use of regional and sub-regional approaches to development. Instead of full-fledged trade liberalisation and indiscriminate economic integration, the regional developmentalism paradigm advocates for state-led trade facilitation, regulatory convergence and capacity-building through the adoption of policies directed at strategic sectors. We evaluate the potential of the regional developmentalism paradigm to promote economic transformation and commodity-based industrialisation against the shortcomings of the current regional integration approach embodied in the institutional framework of ECOWAS.","PeriodicalId":33808,"journal":{"name":"Journal of African Trade","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69880106","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-01DOI: 10.2991/jat.k.211208.002
B. Oramah
{"title":"Afreximbank in the Era of the AfCFTA","authors":"B. Oramah","doi":"10.2991/jat.k.211208.002","DOIUrl":"https://doi.org/10.2991/jat.k.211208.002","url":null,"abstract":"","PeriodicalId":33808,"journal":{"name":"Journal of African Trade","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69880191","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-01DOI: 10.2991/jat.k.211011.001
Peter Lunenborg, T. Roberts
{"title":"ECOWAS and AfCFTA: Potential Short-Run Impact of a Draft ECOWAS Tariff Offer","authors":"Peter Lunenborg, T. Roberts","doi":"10.2991/jat.k.211011.001","DOIUrl":"https://doi.org/10.2991/jat.k.211011.001","url":null,"abstract":"","PeriodicalId":33808,"journal":{"name":"Journal of African Trade","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69880059","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-01DOI: 10.2991/jat.k.211122.001
H. Fofack, Richman Dzene, Omar A. Mohsen Hussein
{"title":"Estimating the Effect of AfCFTA on Intra-African Trade using Augmented GE-PPML","authors":"H. Fofack, Richman Dzene, Omar A. Mohsen Hussein","doi":"10.2991/jat.k.211122.001","DOIUrl":"https://doi.org/10.2991/jat.k.211122.001","url":null,"abstract":"","PeriodicalId":33808,"journal":{"name":"Journal of African Trade","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69880094","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-01DOI: 10.2991/JAT.K.210105.001
J. Melo, Anna Twum
African countries are negotiating the African Continental Free Trade Area with the aim to spearhead global value chain (GVC) trade among African countries as a driver for robust economic growth. This paper evaluates the participation of Sub-Saharan African Regional Economic Communities (RECs) in GVC-related trade over the period 1990–2015 using measures of backward, forward, regional, and non-regional GVC participation. We find that participation of African RECs in GVC trade (regional and non-regional) has increased but still lags behind comparator groups. Overall, African RECs have participated mostly in non-regional value chains, and along forward rather than backward activities. This is in contrast to comparator groups where supply chain trade has veered toward regional value chains (RVCs). For African RECs, only between 0.5% and 3% of total gross exports are related to RVCs compared to the RVC participation rates for the Association of Southeast Asian Nations (ASEAN) and the Southern Common Market (MERCOSUR): 17.2% and 4.6%, respectively. Controlling for per capita income, we find, using a sample of 149 countries over the period 1995–2015, that overall GVC participation is negatively associated with tariffs on imports and exports of intermediates as well as on trade costs. Backward GVC participation is also positively associated with the number of mobile phone subscribers, a proxy for digital connectivity. These correlations are supportive of policies that would lower trade barriers across the board.
{"title":"Prospects and Challenges for Supply Chain Trade under the Africa Continental Free Trade Area☆","authors":"J. Melo, Anna Twum","doi":"10.2991/JAT.K.210105.001","DOIUrl":"https://doi.org/10.2991/JAT.K.210105.001","url":null,"abstract":"African countries are negotiating the African Continental Free Trade Area with the aim to spearhead global value chain (GVC) trade among African countries as a driver for robust economic growth. This paper evaluates the participation of Sub-Saharan African Regional Economic Communities (RECs) in GVC-related trade over the period 1990–2015 using measures of backward, forward, regional, and non-regional GVC participation. We find that participation of African RECs in GVC trade (regional and non-regional) has increased but still lags behind comparator groups. Overall, African RECs have participated mostly in non-regional value chains, and along forward rather than backward activities. This is in contrast to comparator groups where supply chain trade has veered toward regional value chains (RVCs). For African RECs, only between 0.5% and 3% of total gross exports are related to RVCs compared to the RVC participation rates for the Association of Southeast Asian Nations (ASEAN) and the Southern Common Market (MERCOSUR): 17.2% and 4.6%, respectively. Controlling for per capita income, we find, using a sample of 149 countries over the period 1995–2015, that overall GVC participation is negatively associated with tariffs on imports and exports of intermediates as well as on trade costs. Backward GVC participation is also positively associated with the number of mobile phone subscribers, a proxy for digital connectivity. These correlations are supportive of policies that would lower trade barriers across the board.","PeriodicalId":33808,"journal":{"name":"Journal of African Trade","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69880049","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-01DOI: 10.2991/jat.k.211208.001
V. Songwe, Jamie Alexander Macleod, Stephen N. Karingi
The signature of the Agreement Establishing the African Continental Free Trade Area (AfCFTA) by 44 African Union member States at the 10th extraordinary meeting of the Assembly of Heads of State and Government of the African Union, held in Kigali on 21 March 2018, marked a momentous milestone for economic integration in Africa.1 On 1 January 2021, after some 5 years of technical efforts since the official launch of negotiations in June 2015, this outstanding political accomplishment bore fruit in the official start of trading under the Agreement. The first consignments of goods traded under the AfCFTA—containers of cosmetics and drinks from Ghana to South Africa— were reported to have shipped by 5 January 2021 (Daily Graphic, 2021). As of July 2021, 40 African countries had ratified the AfCFTA.
{"title":"The African Continental Free Trade Area: A Historical Moment for Development in Africa","authors":"V. Songwe, Jamie Alexander Macleod, Stephen N. Karingi","doi":"10.2991/jat.k.211208.001","DOIUrl":"https://doi.org/10.2991/jat.k.211208.001","url":null,"abstract":"The signature of the Agreement Establishing the African Continental Free Trade Area (AfCFTA) by 44 African Union member States at the 10th extraordinary meeting of the Assembly of Heads of State and Government of the African Union, held in Kigali on 21 March 2018, marked a momentous milestone for economic integration in Africa.1 On 1 January 2021, after some 5 years of technical efforts since the official launch of negotiations in June 2015, this outstanding political accomplishment bore fruit in the official start of trading under the Agreement. The first consignments of goods traded under the AfCFTA—containers of cosmetics and drinks from Ghana to South Africa— were reported to have shipped by 5 January 2021 (Daily Graphic, 2021). As of July 2021, 40 African countries had ratified the AfCFTA.","PeriodicalId":33808,"journal":{"name":"Journal of African Trade","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69880160","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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