Special edition: Unlocking Africa's potential through services trade and development

Volume
1,
Number
4
-
13 August 2012
13 August 2012
This issue is published jointly with International Lawyers and Economists Against Poverty (ILEAP), and brings together experts on trade in services to highlight a number of key challenges and opportunities facing the continent in deploying services trade to promote growth, sustainable development,...
13 August 2012
Services are essential to the functioning of the modern economy and inextricable from any efforts to enhance growth, promote development and reduce poverty. They can affect growth and development in various ways: creating incomes and employment, contributing to consumer welfare, helping the...
13 August 2012
The emergence of Global Value Chains (GVCs) has produced remarkable changes in the pattern of world trade over the past 25 years. Rather than trade in goods that are produced solely at one location and exported to the consumer in another location, production of goods and, increasingly, services...
13 August 2012
Drawing on experiences in the Caribbean, Sub-Saharan Africa’s efforts should be focused on building a strong and functional relationship with government(s), securing financial support for the first 3-5 years of operation, and ensuring an immediate attention on avenues for attaining financial self-...
13 August 2012
The Least Developed Country (LDC) services waiver emerged as one of the few deliverables of the 8th WTO Ministerial in December 2011. After years of negotiation, a last-minute compromise was found which allowed Trade Ministers to harvest what could be presented as an ostensibly pro-development...
13 August 2012
Member States of the Southern African Development Community (SADC) have been developing their trade in services integration agenda since 2000, but have produced little of tangible value to date. The launch of liberalisation negotiations in six priority sectors may change that, but it remains to be...
13 August 2012
Services play a crucial role in the economic growth and social development of developing countries. They do this by contributing to competitiveness, the social realm, and the generation of employment, income, and foreign exchange earnings. Services are a key component of the production process...
13 August 2012
Future growth, development, and integration in Sub-Saharan Africa (SSA) depend on a well-functioning, competitive, and well-regulated services sector. Restricted access to competitive services, however, remains an impediment in most SSA countries, partially due to their poor state of economic...
13 August 2012
Today, trade in services contributes more than 75 percent to GDP in the case of highly industrialized countries but remains below 50 percent in the case of low-income developing countries. Raising the contribution of trade in services to GDP in the developing countries is critical for sustaining...
13 August 2012
Regional Integration Agreements (RIAs) have been used as trade-policy instruments in West African countries since their independence. However, aside from the movements of the production factors, the first RIAs in the subregion barely mentioned services. The first agreements connected with services...
13 August 2012
In attempting to achieve the Millennium Development Goals, the benefits of improved Least Developed Country (LDC) infrastructure cannot be ignored. Sub-Saharan Africa’s situation is especially severe: just to overcome the current infrastructure gap within a 10-year period, the annual funding...
13 August 2012
The World Bank’s Africa Infrastructure Report concludes that, in addition to suffering from poor quality and coverage, Africans pay rates that are several times higher than in other developing regions for infrastructure services like electricity, water, sanitation, transport, logistics, finance,...
13 August 2012
Trade in services is increasingly recognised as a dynamic component of global trade, agreed participants at a workshop organised on the 11 July by the WTO. The event characterised the current backlash against the mainstream literature on trade and economic development, which the WTO says has “...
13 August 2012
Report of the African Union/RECS Workshop on Trade in Services – African Union – March 2012 This report provides a summary of the workshop discussions undertaken in Zambia with regards to the need to establish a platform for RECs to discuss their experiences on regional services integration,...