1887

Assessing Regional Integration in Africa IV

Enhancing Intra-African Trade

image of Assessing Regional Integration in Africa IV

The publication seeks to address the pressing issues that are negatively affecting trade amongst African countries. It undertakes a comprehensive empirical analysis of intra-African trade to determine why it has remained consistently low over the past decades. The report proposes concrete recommendations, to be implemented by member States, Regional Economic Communities (RECs), members of the private-sector, and other stakeholders in Africa’s development. It also analyses the various policy issues and other factors that have affected intra-African trade.

English

.

Infrastructure and intra-African trade

Infrastructure affects economic development in terms of both intermediate and final products. With respect to intermediate products or goods, sound infrastructure facilitates the mobility of the means of production (labour, goods and finance), thus improving productivity and reducing cost, which are key factors in competitiveness. Infrastructure also increases the flow of information, opening new opportunities and reducing asymmetries and other market imperfections. In terms of final productsor goods, the consumption of infrastructure services improves easy access to energy for industries and domestic use; safe transportation; reliable communication; clean water and sanitation.

English

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error