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Economic Development in Africa 2008

Export Performance Following Trade Liberalization - Some Patterns and Policy Perspectives

image of Economic Development in Africa 2008

This year’s report examines Africa’s export performance after trade liberalization in order to draw lessons for use in the design of future development strategies. It identifies Africa’s weak supply response as the most important impediment to the continent’s export performance, suggesting that future export policies should focus more on ways to increase production for export. The publication proposes some policies that could help Africa to refocus its development priorities on structural transformation in order to increase the continent’s supply capacity and export response.

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Strengthening Africs’s export performance: Some policy perspectives

This chapter discusses some specific policy proposals that could help strengthen Africa’s export performance. It is not exhaustive, but rather indicates some specific policy perspectives, which follow from the analysis of the previous chapters. This analysis shows that (a) to date, the benefits of trade liberalization for the agricultural and manufacturing sectors have been limited; and, (b) this is due, in part, to a lack of complementary policies addressing structural, institutional and socio-economic constraints that restrain African economies’ supply response to export opportunities.

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