NAMA as a Tool of De-industrialization of Africa
Abstract The author argues in this chapter that trade liberalization in Africa during the last couple of decades has led to de-industrialization, slow growth of GDP, low level of investment, growing trade deficits, particularly in food items, in many African countries. This has been the case despite some improvement in recent years due to increases in the price of primary commodities. Drawing also on the experience of successful industrializers as well as failures of premature trade liberalization in low-income countries in recent decades, he further refers to pitfalls in negotiations on NAMA in WTO against the interest of African countries. Discussing the proposals made by developed countries on NAMA, he argues that if they are agreed upon, the structure of production and exports of African countries would be locked in primary commodities, resource based activities and at best low-skill labour intensive products and assembly operation. Finally, he outlines conditions for industrialization of Africa and the required changes in international trade rules in a way to become conducive to growth and upgrading of the industrial activities of the continents.
|Date of creation:||2009|
|Date of revision:|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Antoine Bouët & Simon Mevel & David Orden, 2007. "More or Less Ambition in the Doha Round: Winners and Losers from Trade Liberalisation with a Development Perspective," The World Economy, Wiley Blackwell, vol. 30(8), pages 1253-1280, 08.
- Shafaeddin, Mehdi, 2006. "Is The Industrial Policy Relevant In The 21st Century?," MPRA Paper 6643, University Library of Munich, Germany.
- Easterly, William, 2005.
"What did structural adjustment adjust?: The association of policies and growth with repeated IMF and World Bank adjustment loans,"
Journal of Development Economics,
Elsevier, vol. 76(1), pages 1-22, February.
- William Easterly, 2002. "What did Structural Adjustment Adjust? The Association of Policies and Growth with Repeated IMF and World Bank Adjustment Loans," Working Papers 11, Center for Global Development.
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:15050. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter)
If references are entirely missing, you can add them using this form.