Africa and Preferential Trade

An Unpredictable Path for Development

Richard E. Mshomba (Autor)

Buch | Hardcover

266 Seiten

2024 | New edition
Stanford University Press (Verlag)
978-1-5036-1461-1 (ISBN)

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Nonreciprocal preferential trade arrangements are a defining feature of the relationship between developed and developing countries dating back to the colonial era. In the late 1950s, these arrangements started to take a multilateral form when members of the European Economic Community established special trade arrangements with their colonies. Since then, several trade arrangements have featured African countries among the preference-receiving countries. Yet it is not always clear how preferential these arrangements are and whether they in fact help African countries or instead lead them to perpetual dependence on specific markets and products.

Richard E. Mshomba carefully examines the history of these programs and their salient features. He analyzes negotiations between the EU and African countries to form Economic Partnership Agreements. Nonreciprocal preferential trade arrangements are often unpredictable, since the duration and magnitude of preferences are at the discretion of the preference-giving countries. However, when used in conjunction with other development programs and with laws and regulations that encourage long-term investment and protect employees, they can increase economic opportunities and foster human development. This book recognizes the potential impact of nonreciprocal preferential trade arrangements and provides recommendations to increase their viability.

Richard E. Mshomba is Professor Emeritus of Economics at La Salle University. Born and raised in Arusha, Tanzania, he is the author of Africa in the Global Economy (2000), Africa and the World Trade Organization (2009), and Economic Integration in Africa (2017).

List of Tables
List of Abbreviations
Acknowledgments
Map of Africa
Introduction
1. Trade and Economic Development
2. The European Economic Community and Former Colonies
3. The Economics and Politics of Economic Partnership Agreements
4. The Generalized System of Preferences and Other Preferential Programs
5. The Extent to Which Preferences Are Used and Their Benefits
Conclusion
Notes
Bibliography
Index

Erscheinungsdatum	20.08.2024
Zusatzinfo	29 tables, 1 map
Verlagsort	Palo Alto
Sprache	englisch
Maße	152 x 229 mm
Themenwelt	Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie
ISBN-10	1-5036-1461-1 / 1503614611
ISBN-13	978-1-5036-1461-1 / 9781503614611
Zustand	Neuware