1945

Trade policy for prosperity: The value of open markets

In the last two decades, the narrative on Africa has moved from that of a “lost continent” to one of “Africa rising”. This positive perspective on Africa and its potential is very welcome since this is after all the continent with some of the fastest growing economies in the world, taking four of the top five places in 2017. It is true that since the early 2000s, Africa’s growth has been influenced by commodity prices. But improved macroeconomic management, investment, and diversification of trade and investment ties both within the continent and towards emerging economies have also made an impact.

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