Making the African Continental Free Trade Agreement a Success: Pathways and a Call for Action
By: and and
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- Synopsis
- 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.
- Copyright:
- 2024
Book Details
- Book Quality:
- Publisher Quality
- ISBN-13:
- 9781040006108
- Related ISBNs:
- 9781040006023, 9781032598475, 9781003456568, 9781032598512
- Publisher:
- Taylor & Francis
- Date of Addition:
- 04/05/24
- Copyrighted By:
- selection and editorial matter, Albert Zeufack, Fulbert Tchana Tchana, and Aly Sanoh
- Adult content:
- No
- Language:
- English
- Has Image Descriptions:
- No
- Categories:
- Nonfiction, Business and Finance, Politics and Government
- Submitted By:
- Bookshare Staff
- Usage Restrictions:
- This is a copyrighted book.
- Edited by:
- Albert G. Zeufack
- Edited by:
- Fulbert Tchana Tchana
- Edited by:
- Aly Sanoh
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- by Edited ByAlbert Zeufack
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- by Aly Sanoh
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