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Trade Infrastructure and Economic Development (Paperback)
Loot Price: R1,496
Discovery Miles 14 960
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Trade Infrastructure and Economic Development (Paperback)
Series: Routledge Studies in Development Economics
Expected to ship within 12 - 17 working days
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Total price: R1,506
Discovery Miles: 15 060
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There is growing consensus in the literature that trade and trade
policy matter for a pro-poor growth and development strategy.
Therefore, policies that are consistent with this strategy feature
increasingly in many African countries where poverty is endemic and
rapid and where sustainable economic growth is viewed as the major
vehicle for poverty reduction. Key elements of these polices
include measures that promote the expansion and diversification of
production and trade in Africa. This book is aimed at articulating
appropriate structural and policy measures for eliminating the
constraints that African countries face and thus ensuring that they
can derive maximum benefits from all available market access
opportunities. There is evidence that most African countries face
external market access barriers in their major export destinations
which are generally less constraining than those confronting
countries in other developing country regions. Yet, they have
generally not been able to take full advantage of the special
(preferential) market access opportunities available to them. This
suggests that improved external market access, whether reciprocal
or preferential, would not, by itself, be sufficient for
strengthening African export performance. In this collection,
export supply response capacity takes external (beyond-the-border)
factors as given and concentrates primarily on the internal
(behind-the-border) factors that influence production and
distribution costs and, thus, competitiveness. The central working
hypothesis of this book is that the inability of domestic producers
and exporters in Africa to respond quickly, effectively and
efficiently to external market access opportunities is caused by
various limitations of their internal supply capacity and that
this, in turn, is largely responsible for the lacklustre export
performance of many African countries. This comprehensive study
should be of interest to students and researchers of international
trade and development economics as well as African studies.
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