1945

Measuring Africa’s trade competitiveness

Despite the uncertainties surrounding the future of the multilateral system of trade negotiations, it was concluded in the previous chapter that African nations still have the opportunity to develop trade policies that are both dynamic and adaptable to evolving circumstances. The chapter examined how countries’ trade policies can have direct effects on the economic welfare of their populations, on government revenues and on the prevailing investment climate, and it argued that African countries should maintain a clear focus on enhancing their trade potential.

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