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East African Firms’ Perceptions of NTBs

In: Economic Development Through Regional Trade

Author

Listed:
  • Kato Kimbugwe

    (Aberystwyth University)

  • Nicholas Perdikis

    (Aberystwyth University)

  • May T. Yeung

    (Estey Centre for Law and Economics in International Trade)

  • William A. Kerr

    (University of Saskatchewan)

Abstract

This chapter presents the results of a survey of the perceptions of East African manufacturers on the likely effects of the region’s trade liberalization initiatives. Given the prevalence of crony capitalist monopolies and the ability of cronies to thwart trade-liberalizing efforts that have the potential to negatively affect their vested interests, gauging the expectations of businesses is particularly important. The only way to obtain information on perceptions is to undertake a survey of various businesses. Their understanding of the nuances of economic power and political connections can never be captured by the standard modelling methods used by economists to evaluate trade agreements, yet business people can provide insightful information that can moderate the results of standard economic assessments. The objectives of the survey are to: (1) shed light on the importance that firms attach to NTBs; (2) illustrate and quantify the impact of the NTBs on firm costs, sales and strategy and (3) highlight the importance of NTB removal if firms in the sector are to retain and improve competitive and comparative advantage.

Suggested Citation

  • Kato Kimbugwe & Nicholas Perdikis & May T. Yeung & William A. Kerr, 2012. "East African Firms’ Perceptions of NTBs," Palgrave Macmillan Books, in: Economic Development Through Regional Trade, chapter 5, pages 99-145, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-36992-4_5
    DOI: 10.1057/9780230369924_5
    as

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