Unrestricted Market Access for Sub-Saharan Africa : How Much Is It Worth and Who Pays?
The European Union (EU), Japan, and the United States (US) have recently announced initiatives to improve market access for the poorest countries. The authors assess the impact on Sub-Saharan Africa of these initiatives, and others that might be ta...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2001/04/1121224/unrestricted-market-access-sub-saharan-africa-much-worth-pays http://hdl.handle.net/10986/19671 |
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okr-10986-196712021-04-23T14:03:43Z Unrestricted Market Access for Sub-Saharan Africa : How Much Is It Worth and Who Pays? Ianchovichina, Elena Mattoo, Aaditya Olarreaga, Marcelo ADMINISTRATIVE PROCEDURES AGGREGATE EXPORTS AGGREGATE IMPORTS AGGREGATE SUPPLY AGRICULTURAL COMMODITIES AGRICULTURAL EXPORTS AGRICULTURAL MARKETS AGRICULTURAL PRODUCTS AGRICULTURAL PROTECTION AGRICULTURAL SUBSIDIES AGRICULTURAL TRADE AGRICULTURE APPAREL APPAREL SECTOR APPLIED TARIFF BARLEY BILATERAL TRADE CD COMPARATIVE ADVANTAGE COMPETITIVE MARKETS CONSTANT RETURNS TO SCALE CONSUMER SURPLUS CONSUMERS COUNTRY MARKETS DEVELOPED COUNTRIES DIRECT TRANSFERS DIVERSION OF EXPORTS DOMESTIC INDUSTRY DOMESTIC MARKET DUTY FREE ECONOMIC GROWTH ECONOMIC THEORY ELASTICITIES ELASTICITY ELASTICITY OF SUBSTITUTION EQUILIBRIUM EXCESS SUPPLY EXPORT MARKET EXPORT MARKETS EXPORT QUANTITIES EXPORT SUPPLY EXPORTERS EXPORTS FISH FISHING FOREIGN DIRECT INVESTMENT FORESTRY FREE ACCESS FULL LIBERALIZATION GDP GDP PER CAPITA GENERAL EQUILIBRIUM MODEL GLOBAL TRADE GLOBAL TRADE ANALYSIS HIGH TARIFFS IMPORT TARIFFS INCOME INDUSTRIAL PRODUCTS INDUSTRIAL SECTOR LDCS LEGISLATION MARKET ACCESS MERCHANDISE MERCHANDISE EXPORTS MULTILATERAL TRADE NATURAL RESOURCES NET EXPORTER OIL OIL EXPORTS PREFERENTIAL ACCESS PREFERENTIAL MARGIN PREFERENTIAL MARKET ACCESS PRIVATE CONSUMPTION PRODUCERS PRODUCT DIFFERENTIATION PROTECTION DATA RESTRICTIVE RULES OF ORIGIN RULES OF ORIGIN SAVINGS SERVICE EXPORTS SERVICES EXPORTS TARIFF BARRIERS TARIFF DATA TARIFF EQUIVALENTS TARIFF PREFERENCES TARIFF RATES TARIFF REDUCTION TARIFF REVENUE TAX REVENUES TOTAL FACTOR PRODUCTIVITY TRADE ASSISTANCE TRADE CREATION TRADE DIVERSION TRADE FLOWS TRADE NEGOTIATIONS TRADE POLICY TRADE PREFERENCES UTILITY FUNCTION VALUE ADDED WELFARE GAINS WELFARE LOSSES The European Union (EU), Japan, and the United States (US) have recently announced initiatives to improve market access for the poorest countries. The authors assess the impact on Sub-Saharan Africa of these initiatives, and others that might be taken. They find that fully unrestricted access to all the Quad countries (Canada, The EU, Japan, and the US) would produce substantial gains for Sub-Saharan Africa, leading to a fourteen percent increase in non-oil exports ($ 2.5 billion), and boosting real incomes by about one percent ($ 1.8 billion). Most of these gains would come from preferential access to the highly protected Japanese, and European agricultural markets, especially the heavily protected Japanese market for meat, and certain cereal grains. The smallness of Sub-Saharan Africa's trade ensures that the costs of trade diversion for the Quad, other developing countries, and the world, would be on the whole, negligible. One concern, however, is that preferential access to protected markets might lead Sub-Saharan Africa to produce goods in which it does not have a global comparative advantage, and the future erosion of these preferences might lead to adjustment costs. 2014-08-26T15:20:13Z 2014-08-26T15:20:13Z 2001-04 http://documents.worldbank.org/curated/en/2001/04/1121224/unrestricted-market-access-sub-saharan-africa-much-worth-pays http://hdl.handle.net/10986/19671 English en_US Policy Research Working Paper;No. 2595 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Africa |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ADMINISTRATIVE PROCEDURES AGGREGATE EXPORTS AGGREGATE IMPORTS AGGREGATE SUPPLY AGRICULTURAL COMMODITIES AGRICULTURAL EXPORTS AGRICULTURAL MARKETS AGRICULTURAL PRODUCTS AGRICULTURAL PROTECTION AGRICULTURAL SUBSIDIES AGRICULTURAL TRADE AGRICULTURE APPAREL APPAREL SECTOR APPLIED TARIFF BARLEY BILATERAL TRADE CD COMPARATIVE ADVANTAGE COMPETITIVE MARKETS CONSTANT RETURNS TO SCALE CONSUMER SURPLUS CONSUMERS COUNTRY MARKETS DEVELOPED COUNTRIES DIRECT TRANSFERS DIVERSION OF EXPORTS DOMESTIC INDUSTRY DOMESTIC MARKET DUTY FREE ECONOMIC GROWTH ECONOMIC THEORY ELASTICITIES ELASTICITY ELASTICITY OF SUBSTITUTION EQUILIBRIUM EXCESS SUPPLY EXPORT MARKET EXPORT MARKETS EXPORT QUANTITIES EXPORT SUPPLY EXPORTERS EXPORTS FISH FISHING FOREIGN DIRECT INVESTMENT FORESTRY FREE ACCESS FULL LIBERALIZATION GDP GDP PER CAPITA GENERAL EQUILIBRIUM MODEL GLOBAL TRADE GLOBAL TRADE ANALYSIS HIGH TARIFFS IMPORT TARIFFS INCOME INDUSTRIAL PRODUCTS INDUSTRIAL SECTOR LDCS LEGISLATION MARKET ACCESS MERCHANDISE MERCHANDISE EXPORTS MULTILATERAL TRADE NATURAL RESOURCES NET EXPORTER OIL OIL EXPORTS PREFERENTIAL ACCESS PREFERENTIAL MARGIN PREFERENTIAL MARKET ACCESS PRIVATE CONSUMPTION PRODUCERS PRODUCT DIFFERENTIATION PROTECTION DATA RESTRICTIVE RULES OF ORIGIN RULES OF ORIGIN SAVINGS SERVICE EXPORTS SERVICES EXPORTS TARIFF BARRIERS TARIFF DATA TARIFF EQUIVALENTS TARIFF PREFERENCES TARIFF RATES TARIFF REDUCTION TARIFF REVENUE TAX REVENUES TOTAL FACTOR PRODUCTIVITY TRADE ASSISTANCE TRADE CREATION TRADE DIVERSION TRADE FLOWS TRADE NEGOTIATIONS TRADE POLICY TRADE PREFERENCES UTILITY FUNCTION VALUE ADDED WELFARE GAINS WELFARE LOSSES |
| spellingShingle |
ADMINISTRATIVE PROCEDURES AGGREGATE EXPORTS AGGREGATE IMPORTS AGGREGATE SUPPLY AGRICULTURAL COMMODITIES AGRICULTURAL EXPORTS AGRICULTURAL MARKETS AGRICULTURAL PRODUCTS AGRICULTURAL PROTECTION AGRICULTURAL SUBSIDIES AGRICULTURAL TRADE AGRICULTURE APPAREL APPAREL SECTOR APPLIED TARIFF BARLEY BILATERAL TRADE CD COMPARATIVE ADVANTAGE COMPETITIVE MARKETS CONSTANT RETURNS TO SCALE CONSUMER SURPLUS CONSUMERS COUNTRY MARKETS DEVELOPED COUNTRIES DIRECT TRANSFERS DIVERSION OF EXPORTS DOMESTIC INDUSTRY DOMESTIC MARKET DUTY FREE ECONOMIC GROWTH ECONOMIC THEORY ELASTICITIES ELASTICITY ELASTICITY OF SUBSTITUTION EQUILIBRIUM EXCESS SUPPLY EXPORT MARKET EXPORT MARKETS EXPORT QUANTITIES EXPORT SUPPLY EXPORTERS EXPORTS FISH FISHING FOREIGN DIRECT INVESTMENT FORESTRY FREE ACCESS FULL LIBERALIZATION GDP GDP PER CAPITA GENERAL EQUILIBRIUM MODEL GLOBAL TRADE GLOBAL TRADE ANALYSIS HIGH TARIFFS IMPORT TARIFFS INCOME INDUSTRIAL PRODUCTS INDUSTRIAL SECTOR LDCS LEGISLATION MARKET ACCESS MERCHANDISE MERCHANDISE EXPORTS MULTILATERAL TRADE NATURAL RESOURCES NET EXPORTER OIL OIL EXPORTS PREFERENTIAL ACCESS PREFERENTIAL MARGIN PREFERENTIAL MARKET ACCESS PRIVATE CONSUMPTION PRODUCERS PRODUCT DIFFERENTIATION PROTECTION DATA RESTRICTIVE RULES OF ORIGIN RULES OF ORIGIN SAVINGS SERVICE EXPORTS SERVICES EXPORTS TARIFF BARRIERS TARIFF DATA TARIFF EQUIVALENTS TARIFF PREFERENCES TARIFF RATES TARIFF REDUCTION TARIFF REVENUE TAX REVENUES TOTAL FACTOR PRODUCTIVITY TRADE ASSISTANCE TRADE CREATION TRADE DIVERSION TRADE FLOWS TRADE NEGOTIATIONS TRADE POLICY TRADE PREFERENCES UTILITY FUNCTION VALUE ADDED WELFARE GAINS WELFARE LOSSES Ianchovichina, Elena Mattoo, Aaditya Olarreaga, Marcelo Unrestricted Market Access for Sub-Saharan Africa : How Much Is It Worth and Who Pays? |
| geographic_facet |
Africa |
| relation |
Policy Research Working Paper;No. 2595 |
| description |
The European Union (EU), Japan, and the
United States (US) have recently announced initiatives to
improve market access for the poorest countries. The authors
assess the impact on Sub-Saharan Africa of these
initiatives, and others that might be taken. They find that
fully unrestricted access to all the Quad countries (Canada,
The EU, Japan, and the US) would produce substantial gains
for Sub-Saharan Africa, leading to a fourteen percent
increase in non-oil exports ($ 2.5 billion), and boosting
real incomes by about one percent ($ 1.8 billion). Most of
these gains would come from preferential access to the
highly protected Japanese, and European agricultural
markets, especially the heavily protected Japanese market
for meat, and certain cereal grains. The smallness of
Sub-Saharan Africa's trade ensures that the costs of
trade diversion for the Quad, other developing countries,
and the world, would be on the whole, negligible. One
concern, however, is that preferential access to protected
markets might lead Sub-Saharan Africa to produce goods in
which it does not have a global comparative advantage, and
the future erosion of these preferences might lead to
adjustment costs. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Ianchovichina, Elena Mattoo, Aaditya Olarreaga, Marcelo |
| author_facet |
Ianchovichina, Elena Mattoo, Aaditya Olarreaga, Marcelo |
| author_sort |
Ianchovichina, Elena |
| title |
Unrestricted Market Access for Sub-Saharan Africa : How Much Is It Worth and Who Pays? |
| title_short |
Unrestricted Market Access for Sub-Saharan Africa : How Much Is It Worth and Who Pays? |
| title_full |
Unrestricted Market Access for Sub-Saharan Africa : How Much Is It Worth and Who Pays? |
| title_fullStr |
Unrestricted Market Access for Sub-Saharan Africa : How Much Is It Worth and Who Pays? |
| title_full_unstemmed |
Unrestricted Market Access for Sub-Saharan Africa : How Much Is It Worth and Who Pays? |
| title_sort |
unrestricted market access for sub-saharan africa : how much is it worth and who pays? |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2001/04/1121224/unrestricted-market-access-sub-saharan-africa-much-worth-pays http://hdl.handle.net/10986/19671 |
| _version_ |
1764440283545600000 |