Economic development in Africa report 2015

Unlocking the potential of Africa’s services trade for growth and development

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The Economic Development in Africa Report 2015 subtitled Unlocking the Potential of Africa's Trade in Services for Inclusive Growth and Development highlights the catalytic role services can play in Africa, and the importance of understanding the static and dynamic effects the development of services may have on employment, trade and ultimately growth. The report examines areas where there appears to be a policy disconnect between existing national, regional and global policies that pertain to services trade and proposes recommendations as to how African countries may bridge this divide so that services trade can be better harnessed to address inclusive growth and economic development priorities in Africa.

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Making regulation work for services in Africa

The services sector plays an important role in Africa’s economic and social development. However, Africa has not been able to fully capitalize on the sector, and services provision is suboptimal and entails high costs. Many of the market failures and inefficiencies afflicting the sector may be addressed through regulation.

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