Description
Product ID: | 9781032598475 |
Product Form: | Paperback / softback |
Country of Manufacture: | GB |
Title: | Making the African Continental Free Trade Agreement a Success |
Subtitle: | Pathways and a Call for Action |
Authors: | Author: Albert G. Zeufack, Fulbert Tchana Tchana, Aly Sanoh |
Page Count: | 280 |
Subjects: | Development studies, Development studies, Comparative politics, International trade and commerce, Development economics and emerging economies, Political economy, International business, Regional geography, Comparative politics, International trade, Development economics & emerging economies, Political economy, International business, Regional geography, Africa |
Description: | Select Guide Rating In this book, senior experts from across the world provide a comprehensive analysis of the conditions needed for AfCFTA to successfully spur economic development in Africa. The book is an essential read for policy makers, development practitioners, economics researchers and everyone with an interest in the future of Africa. In 2019, African heads of state and governments launched in fanfare the African Continental Free Trade Agreement (AfCFTA), a historic agreement for economic transformation across the continent. But now comes the hard bit: how to make the agreement a success? In this book, senior experts from across the world come together to provide a comprehensive analysis of the conditions needed for AfCFTA to successfully spur economic development in Africa. It puts forward three foundations for success: demography dividend, digital economy, and economic diversification. In addition to trade policy, the book recommends that African policymakers should strengthen fiscal and monetary policy coordination, adopt and implement the appropriate regulatory environment, and build suitable connectivity infrastructure. The stakes are high. If implemented correctly, the book argues that AfCFTA could speed up trade within Africa, which could double every five years. Success would mean growth, investment, changing trade patterns, jobs, economic transformation, poverty reduction, and a continental market for services. Driven by concrete, evidence-based strategies for long-term growth, this book is an essential read for policy makers, development practitioners, economics researchers, and everyone with an interest in the future of Africa. |
Imprint Name: | Routledge |
Publisher Name: | Taylor & Francis Ltd |
Country of Publication: | GB |
Publishing Date: | 2024-04-05 |