Artikel
The potential for internal trade and regional integration in Africa
This study examines the potential for intra-Africa trade and the prospects of advancing regional economic integration through such trade. A variety of empirical models are deployed for the purpose. The analysis and model simulation results reveal the existence of significant potential for intra-Africa trade. However, realizing this potential and hence the effort to advance regional integration through intra-Africa trade is challenged by lack of complementarities of exports and imports as well as the relative competitive position of African potential export suppliers. This is the result of weak infrastructure, productivity and trade facilitation - in short, acute export supply constraint that characterizes the African export trade. This calls for an innovative approach to enhance intra-Africa trade and furthering regional integration. Addressing the challenge of export supply constraint, export competitiveness and diversification is found to be crucial. This in turn calls for policies that need to go beyond liberalization to actual realization of the potential for trade through provision of regional (multi-country) and domestic infrastructures, harmonizing macroeconomic policies, enhancing trade enabling institutions, developing trade facilitation as well as regionally focused diversification plan using the existing regional economic communities (RECs) as vehicles.
- Language
-
Englisch
- Bibliographic citation
-
Journal: Journal of African Trade ; ISSN: 2214-8515 ; Volume: 2 ; Year: 2015 ; Issue: 1/2 ; Pages: 19-50 ; Amsterdam: Elsevier
- Classification
-
Wirtschaft
Economic Integration
Trade Policy; International Trade Organizations
- Subject
-
Intra-Africa trade potential
Gravity model
Export supply constraints
Regional integration
Africa
- Event
-
Geistige Schöpfung
- (who)
-
Alemayehu Geda Fole
Seid, Edris Hussein
- Event
-
Veröffentlichung
- (who)
-
Elsevier
- (where)
-
Amsterdam
- (when)
-
2015
- DOI
-
doi:10.1016/j.joat.2015.04.001
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Alemayehu Geda Fole
- Seid, Edris Hussein
- Elsevier
Time of origin
- 2015
Other Objects (12)
Aid for trade and Africa's trade performance: Evidence from bilateral trade flows with China and OECD countries
Infrastructure, trade facilitation, and network connectivity in Sub-Saharan Africa
Trade and economic growth in developing countries: Evidence from sub-Saharan Africa
On the accuracy of trade and GDP statistics in Africa: Errors of commission and omission
Does trade reduce poverty? A view from Africa
Structural transformation in the presence of trade and financial integration in sub-Saharan Africa
Effect of exchange rate volatility on trade in Sub-Saharan Africa
Trade facilitation and trade participation: Are sub-Saharan African firms different?
Trade facilitation and social welfare in Africa
How well does observable trade data measure trade friction costs? Evidence from member countries within the Economic Community of West African States (ECOWAS)
Short run and long run in trade models: A note
Balancing means and ends : population policy in South Africa
Aid for trade and Africa's trade performance: Evidence from bilateral trade flows with China and OECD countries
Infrastructure, trade facilitation, and network connectivity in Sub-Saharan Africa
Trade and economic growth in developing countries: Evidence from sub-Saharan Africa
On the accuracy of trade and GDP statistics in Africa: Errors of commission and omission
Does trade reduce poverty? A view from Africa
Structural transformation in the presence of trade and financial integration in sub-Saharan Africa
Effect of exchange rate volatility on trade in Sub-Saharan Africa
Trade facilitation and trade participation: Are sub-Saharan African firms different?
Trade facilitation and social welfare in Africa
How well does observable trade data measure trade friction costs? Evidence from member countries within the Economic Community of West African States (ECOWAS)
Short run and long run in trade models: A note
Balancing means and ends : population policy in South Africa
Aid for trade and Africa's trade performance: Evidence from bilateral trade flows with China and OECD countries
Infrastructure, trade facilitation, and network connectivity in Sub-Saharan Africa
Trade and economic growth in developing countries: Evidence from sub-Saharan Africa
On the accuracy of trade and GDP statistics in Africa: Errors of commission and omission
Does trade reduce poverty? A view from Africa
Structural transformation in the presence of trade and financial integration in sub-Saharan Africa
Effect of exchange rate volatility on trade in Sub-Saharan Africa
Trade facilitation and trade participation: Are sub-Saharan African firms different?
Trade facilitation and social welfare in Africa
How well does observable trade data measure trade friction costs? Evidence from member countries within the Economic Community of West African States (ECOWAS)
Short run and long run in trade models: A note