Making the African Continental Free Trade Agreement a success: pathways and a call for action
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Bibliographische Detailangaben
Weitere beteiligte Personen: Zeufack, Albert G. (HerausgeberIn), Tchana Tchana, Fulbert 1974- (HerausgeberIn), Sanoh, Aly (HerausgeberIn)
Format: Buch
Sprache:Englisch
Veröffentlicht: London ; New York, NY Routledge, Taylor & Francis Group 2024
Schlagwörter:
Abstract:"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"--
Umfang:xxiii, 279 Seiten Illustrationen, Diagramme, Karten 25 cm
ISBN:9781032598512
1032598514
9781032598475
1032598476