Twenty-first-century Africa is in a process of dynamic economic transformation. However, challenges remain in areas such as structural reform, governance, market turbulence, commodity pricing, and geopolitics. There is a critical need for African economies to assess growth models and strategies to foster increased, sustained, and inclusive growth.
The book contributes to contemporary debate on key questions facing the continent, such as: How can Africa achieve deeper integration into the rules-based multilateral trading system and the global economy? What approaches and next steps are possible, according to economic and trade policymakers? What supportive roles can multilateral and regional institutions play?
This volume is a product of the Fourth China Round Table, which took place during the WTO’s Tenth Ministerial Conference, held in Kenya in December 2015. Supported by independent expert analyses, the book proposes a range of African perspectives on the role of trade, the WTO, and its future agenda.
|Publisher:||Brookings Institution Press|
|Product dimensions:||6.00(w) x 9.00(h) x (d)|
About the Author
Patrick Low is a fellow at the Asian Global Institute of the University of Hong Kong where he undertakes research into global supply chains, international trade, and global governance. He was the chief economist at the World Trade Organization from 1997 to 2013.
Maika Oshikawa is counsellor of the accessions division of the WTO, in which she is secretary of the Working Party on the Accessions of Belarus and Kazakhstan. Prior to joining the accessions division, she was head of the Asia and Pacific Regional Desk at the Institute for Training and Technical Cooperation (ITTC) of the WTO.
Chiedu Osakwe is currently director of the WTO accessions division and adjunct professor at the International University in Geneva (IUG) in international trade, diplomacy, and negotiations.
Table of Contents
1. Introduction and overview Patrick Low, Chiedu Osakwe and Maika Oshikawa; Part I. The Future of the Multilateral Trading System: Perspectives from African Policy-Makers and Partners: 2. African Union priorities in the WTO Fatima Haram Acyl; 3. Economic diversification in Africa's number one economy Okechukwu E. Enelamah; 4. Trade, investment and development Rob Davies; 5. Integration into regional and global value chains - how is it done? Joshua Setipa; 6. From Marrakesh to Nairobi: a force for the world trading system: from the past twenty years to the next twenty years Moulay Hafid El Alamy; 7. Building capacity in Africa to facilitate integration into global value chains: contributions from the ITC Arancha González; 8. Investment and trade rules: increasing the stock of African foreign direct investment flows Joakim Reiter; 9. Deepening African integration: intra-African trade for development and poverty reduction Anabel González; Part II. Africa's Participation in the Rules-Based Multilateral Trading System: 10. Rising Africa in world trade? A story of traditional commodities and new products Michael Finger; 11. Trade policy trends in Africa: empirical evidence from twenty years of WTO trade policy reviews Maika Oshikawa, Ukamaka Anaedu and Vicky Chemutai; 12. Preferential trade agreements in Africa: lessons from the tripartite free trade agreements and an African continent-wide FTA Stephen Karingi, Ottavia Pesce and Simon Mevel; 13. African trade integration and international production networks Bernard Hoekman; 14. Implementing trade facilitation reform in Africa Marcus Bartley Johns, Christina Busch and Gerard McLinden; Part III. Selected Development Experiences and Perspectives: 15. Trade rules, industrial policy and competitiveness: implications for Africa's development Chiedu Osakwe; 16. WTO accessions, reforms and competitiveness: lessons for Africa Alexei P. Kireyev; 17. Driving economic growth through trade policy reforms and investment attraction in the open world economy: the experience of China Yuan Yuan; 18. Conclusions Patrick Low, Chiedu Osakwe and Maika Oshikawa.