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Gains from Trade: Implications for Labour Market Adjustment and Poverty Reduction in Africa

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  • Augustin Fosu
  • Andrew Mold

Abstract

This paper reassesses the gains from trade for sub-Saharan Africa, and draws their implications for labour market adjustment and poverty reduction. It reviews previous studies on multilateral liberalization, focusing on the findings from computable general equilibrium (CGE) models with relevance to African economies. The implications of these findings for poverty reduction are discussed. Our own CGE exercise supports the hypothesis that African countries cannot expect substantial gains from further multilateral liberalization.
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Suggested Citation

  • Augustin Fosu & Andrew Mold, 2008. "Gains from Trade: Implications for Labour Market Adjustment and Poverty Reduction in Africa," African Development Review, African Development Bank, vol. 20(1), pages 20-47.
    • Handle: RePEc:adb:adbadr:615
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    Cited by:

    1. John Anyanwu, 2013. "Working Paper 181 - Determining the Correlates of Poverty for Inclusive Growth in Africa," Working Paper Series 979, African Development Bank.
    2. Hisako Kai & Shigeyuki Hamori, 2009. "Globalization, financial depth, and inequality in Sub-Saharan Africa," Economics Bulletin, AccessEcon, vol. 29(3), pages 2025-2037.
    3. Pamela Coke Hamilton & Yvonne Tsikata & Emmanuel Pinto Moreira, 2009. "Accelerating Trade and Integration in the Caribbean : Policy Options for Sustained Growth, Job Creation, and Poverty Reduction," World Bank Publications - Books, The World Bank Group, number 2652, December.
    4. Olukayode Emmanuel Maku & Olorunfemi Yasiru Alimi & Fidelis Obioma Ogwumike, 2021. "Transmission Mechanism of Globalization and Its Impact on Human Welfare Development in Sub-Saharan African Countries," Business & Management Compass, University of Economics Varna, issue 1, pages 45-64.
    5. Luca Salvatici & Silvia Nenci, 2017. "New features, forgotten costs and counterfactual gains of the international trading system," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 44(4), pages 592-633.
    6. Godwin Olasehinde‐Williams & Ayodele Folorunso Oshodi, 2021. "Can Africa raise export competitiveness through economic complexity? Evidence from (non)‐parametric panel techniques," African Development Review, African Development Bank, vol. 33(3), pages 426-438, September.
    7. Mold, Andrew & Farooki, Masuma & Prizzon, Annalisa & Valensisi, Giovanni, 2014. "Achieving Greater Food Security through South-South Trade? – A CGE Analysis of the Potential Impact of Food Trade Liberalisation," Conference papers 332477, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    8. Potelwa, Xolisiwe Y. & Nyhodo, Bonani & Ntombela, Sifiso M., 2016. "Evaluating South Africa’s export performance drivers: Are we exporting to our political or economic friends?," 2016 Fifth International Conference, September 23-26, 2016, Addis Ababa, Ethiopia 249318, African Association of Agricultural Economists (AAAE).
    9. Dorsaf Sridi & Imene Guetat, 2020. "The direct and indirect risk impacts on remittances: A cross‐regional specific effects," African Development Review, African Development Bank, vol. 32(3), pages 288-302, September.
    10. Miet Maertens & Liesbeth Colen & Johan F. M. Swinnen, 2011. "Globalisation and poverty in Senegal: a worst case scenario?," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 38(1), pages 31-54, March.
    11. Andrew Mold & Rodgers Mukwaya, 2015. "The Effects of the Tripartite Free Trade Area: Towards a New Economic Geography in Southern, Eastern and Northern Africa?," Discussion Papers 2015-04, University of Nottingham, CREDIT.

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