The majority of African countries have liberalised their trade regimes
during the past two decades. The policies were not implemented as part
of an agreement with trading partners. However, various agreements with
trading partners have 'locked in' the reform efforts. Numerous
regional trading agreements, some of more substance than others, exist
whereby African countries have agreed to more open trade with other
African countries. There are also special agreements relating to trade
between groups of African countries and the EU and US. Trade and
openness are now high on the policy agenda in African countries. This
chapter concentrates on the experience with trade reforms in Africa
since the 1980s and African trade performance in the 1990s. Although the
focus is on sub- Saharan Africa (SSA), some results are reported for all
of Africa (allowing comparison between North Africa and SSA).
The sections of this proposed book chapter are as follows: Introduction,
Overview of African Trade Performance, Why Trade Reform?, Trade Policy
Reform in sub-Saharan Africa, Policy and Trade Performance, and
conclusion. The specific question addressed is: what trade reforms have
African countries implemented during the past two decades and what has
been the economic effect?
Trade Poicy and Performance in sub-Saharan Africa, Centre for Research in Economic Development and International Trade (CREDIT), University of Nottingham, UK, 33 pp.
Trade Policy and Performance in sub-Saharan Africa