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Nigeria : Time to Take the Lead on Regional and Global Trade Integration in West Africa

Author

Listed:
  • Jaime DE MELO

    () (Ferdi)

  • Christian UGARTE

    (FERDI)

Abstract

The birth of a middle class across the continent gives room for expanding regional trade in ECOWAS. However, as a first step, commitments under the Ecowas Trade Liberalization Strategy (ETLS) should be carried out. Implementation of the ETLS is a prerequisite for raising the low levels of intra-regional trade that are attributable to the imposed barriers to trade, formal and informal. That regional strategy should not provide a distraction from the need to acquire competitiveness on world markets. In addition to comparing Nigeria’s trade performance on a comparative basis and documenting the high costs of these barriers to trade, the report makes two recommendations.

Suggested Citation

  • Jaime DE MELO & Christian UGARTE, 2013. "Nigeria : Time to Take the Lead on Regional and Global Trade Integration in West Africa," Working Papers P66, FERDI.
  • Handle: RePEc:fdi:wpaper:417
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    File URL: http://www.ferdi.fr/sites/www.ferdi.fr/files/publication/fichiers/WP66_deMelo_WEB.pdf
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    More about this item

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration

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