Abstract
This article starts with a profile of African agricultural trade. Using the pre-release version 9.2 of the GTAP database, we then show that the results for tariff elimination on intra-African trade are promising, but these tariff barriers are not as significant as the various trade-related barriers outside of tariffs. Impressive results were forecast by simulating both a 50% reduction in what can be considered traditional non-tariff barriers and a modest 20% reduction in the costs associated with transit time delays at customs, terminals and internal land transportation. Gains from tariff elimination, non-tariff barrier reductions and time in transit cost reductions are likely to be cumulative and would generate very large gains to Africa. The policy implications are clear: while cooperation will enhance the gains, much of the benefits will result from unilateral actions and
regional cooperation that does not need the long and drawn-out processes associated with FTA negotiations.
regional cooperation that does not need the long and drawn-out processes associated with FTA negotiations.
| Originalsprog | Engelsk |
|---|---|
| Tidsskrift | African Journal of Agricultural and Resource Economics |
| Vol/bind | 10 |
| Udgave nummer | 2 |
| Sider (fra-til) | 146-157 |
| Antal sider | 12 |
| ISSN | 1993-3738 |
| Status | Udgivet - 2015 |