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Regulatory reform for closing Africa.s competitiveness gap


  • Kessides, Ioannis N.


Over the past decade, Africa has been experiencing an economic resurgence. Yet, the continent is facing several difficult challenges and many economies of the region continue to be among the least competitive in the world. Africa’s competitiveness is adversely affected by: (i) poor regional infrastructure networks; and (ii) weak institutional capacity. Increased regionalization could potentially address both these challenges. Regional integration of regulation, combined with regionalization of regulated firms, could assist the countries of Africa in overcoming national limits in technical expertise, enhance national capacity to make credible policy commitments, improve the efficiency of infrastructure industries, and increase infrastructure investment.

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  • Kessides, Ioannis N., 2014. "Regulatory reform for closing Africa.s competitiveness gap," WIDER Working Paper Series 092, World Institute for Development Economic Research (UNU-WIDER).
  • Handle: RePEc:unu:wpaper:wp2014-092

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    References listed on IDEAS

    1. Mauricio Mesquita Moreira, 2007. "Trade costs and the economic fundamentals of the initiative for integration of regional infrastructure in South America (IIRSA)," INTAL Working Papers 1460, Inter-American Development Bank, INTAL.
    2. Roger G. Noll, 2000. "Regulatory Reform and International Trade Policy," NBER Chapters,in: Deregulation and Interdependence in the Asia-Pacific Region, NBER-EASE Volume 8, pages 13-54 National Bureau of Economic Research, Inc.
    3. Stern, J., 2000. "Electricity and telecommunications regulatory institutions in small and developing countries," Utilities Policy, Elsevier, vol. 9(3), pages 131-157, September.
    4. Preetum Domah & Pollitt, M.G. & Jon Stern, 2002. "Modelling the Costs of Electricity Regulation: Evidence of Human Resource Constraints in Developing Countries," Cambridge Working Papers in Economics 0229, Faculty of Economics, University of Cambridge.
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    regional integration; regulatory reform; competitiveness; Africa;

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