Economic Report on Africa 2015

Industrializing Through Trade

image of Economic Report on Africa 2015
This report examines and provides analysis on the critical elements of effectively fostering industrialisation and hence structural transformation based on extensive review of experience with industrialised countries and Africa’s post-independence attempt at industrialisation. Ten country case studies were also conducted to shed light on industrialising through trade. The findings from this exercise inform the policy recommendations contained in this report.

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Getting trade agreements to advance Africa's industrialization

Despite the huge gains in world trade growth brought about by the multilateral trading system embodied in the World Trade Organization (WTO), slow progress (box 5.1), repeated blockages, unequal negotiation powers and mitigated expected benefits have forced countries— particularly in Africa—to explore alternative routes to expand their trade.

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