Books > Business & Economics > Economics > Development economics
|
Buy Now
African Growth & Opportunity Act - Provisions, Impact & Issues (Paperback)
Loot Price: R1,422
Discovery Miles 14 220
|
|
African Growth & Opportunity Act - Provisions, Impact & Issues (Paperback)
Expected to ship within 12 - 17 working days
|
In 2000, Congress passed the African Growth and Opportunity Act
(AGOA), a U.S. trade preference program, in order to help spur
market-led economic growth and development in sub-Saharan Africa
(SSA) and deepen U.S. trade and investment ties with the region.
Since its enactment, Congress has amended AGOA five times, making
some technical changes and renewing the trade preferences through
September 30, 2015. According to the Assistant U.S. Trade
Representative, (USTR) for Africa, "AGOA is the cornerstone of
America's trade and investment policy with sub-Saharan Africa."
Economic conditions in Africa, however, have changed considerably
since Congress passed the initial AGOA legislation. Annual real
gross domestic product (GDP) growth in SSA was nearly a full
percentage point lower than global GDP growth (2.3% vs. 3.2%) in
the decade leading up to AGOA's passage (1990-2000). Over the last
ten years, however, SSA's growth averaged 5.7%, two points higher
than the 3.7% world average. While the region still contains many
of the world's poorest countries and faces significant economic
challenges, some observers and policymakers argue that changing
economic conditions warrant an evolution in U.S. policy toward SSA,
focused more strongly on private sector investment and increasing
two-way trade. In recent years, SSA's growing economic potential
and abundant natural resources have attracted other foreign
investors, including state- supported enterprises from countries
such as China, which is now the region's largest trading partner.
This book seeks to inform the discussion on the potential
reauthorization of AGOA through analysis of: (1) the components of
the AGOA legislation; (2) U.S. import trends associated with AGOA;
(3) the impact of AGOA on African economies and U.S.-Africa trade;
and (4) the issues surrounding the reauthorization process.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
|
|
Email address subscribed successfully.
A activation email has been sent to you.
Please click the link in that email to activate your subscription.