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Four Big Misconceptions About The Services Trade in Africa

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  • Oumayma Bourhriba
  • Uri Dadush

Abstract

The Service sector is central to economic growth, trade and employment across the world. Trade in services has increased from 8.5 per cent of global GDP in 1995 to 13.1 per cent of GDP in 2017. However, Africa is taking less advantage of these opportunities than others. In this policy brief we highlight important misconceptions that may be holding back services exports in Africa. The potential for services sector growth and services exports from low levels in Africa is large. Policies that can remove impediments to export services growth and thus promote growth in Africa are discussed.

Suggested Citation

  • Oumayma Bourhriba & Uri Dadush, 2020. "Four Big Misconceptions About The Services Trade in Africa," Policy notes & Policy briefs 1917, Policy Center for the New South.
    • Handle: RePEc:ocp:ppaper:pb20-16
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