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Current issues on the African Growth and Opportunity Act (AGOA)

Author

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  • Yanai, Akiko

Abstract

The African Growth and Opportunity Act (AGOA) has successfully supported for the sub-Saharan countries to achieve trade-led economic development on one hand, it has been criticized for the limited method for selecting beneficiaries and its legal instability. After the AGOA was renewed for another ten years in 2015, African countries are facing the new challenges such as AGOA reciprocation and the out-of-cycle eligibility review. Based on the active discussions in the AGOA Forum in 2015 and 2016, this paper examines the future potential structures that are most appropriate for U.S.–African trade and investment relationship.

Suggested Citation

  • Yanai, Akiko, 2017. "Current issues on the African Growth and Opportunity Act (AGOA)," IDE Discussion Papers 661, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    • Handle: RePEc:jet:dpaper:dpaper661
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    File URL: https://ir.ide.go.jp/?action=repository_action_common_download&item_id=48871&item_no=1&attribute_id=22&file_no=1
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    More about this item

    Keywords

    International trade; Economic development; AGOA; Preferential trade arrangement; Trade policy; Sub-Sahara Africa;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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