Africa’s Trade in Services and Economic Partnership Agreements

Trade can play a crucial role in the development of services sectors in Africa. Services offer new dynamic opportunities for exports, especially for land-locked countries, while opening up to imports of services and foreign direct investment is a k...

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Bibliographic Details
Main Author: World Bank
Format: Foreign Trade, FDI, and Capital Flows Study
Language:English
Published: World Bank 2012
Subjects:
GDP
ICT
TAX
WTO
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20101124020601
http://hdl.handle.net/10986/2942
id okr-10986-2942
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ACCOUNTING
AGRICULTURE
ASSETS
AUCTION
BANKS
BARRIER
BASIC SERVICES
BILATERAL TRADE
BROKERAGE
BUSINESS CLIMATE
BUSINESS ENVIRONMENT
BUSINESS SERVICES
CAPACITY BUILDING
COMMODITIES
COMMON MARKET
COMMUNICATION SERVICES
COMMUNICATION TECHNOLOGIES
COMPARATIVE ADVANTAGE
COMPARATIVE ADVANTAGES
COMPETITION POLICIES
COMPETITION POLICY
COMPETITIVE ENVIRONMENT
COMPETITIVE MARKET
COMPETITIVENESS
CONNECTIVITY
CONSUMERS
CURRENCY
CUSTOMS UNION
DEREGULATION
DEVELOPING COUNTRIES
DEVELOPMENT ASSISTANCE
DOMESTIC ECONOMY
DOMESTIC MARKET
DOMESTIC MARKETS
ECONOMIES OF SCALE
ELECTRONIC MONEY
ENGINEERING SERVICES
ENGINEERS
EXPORT SECTORS
EXPORTS
FINANCIAL INSTITUTIONS
FINANCIAL SERVICES
FINANCIAL SUPPORT
FOREIGN BANKS
FOREIGN DIRECT INVESTMENT
FOREIGN INVESTMENT
FOREIGN INVESTORS
FOREIGN TRADE
FORMAL ECONOMY
FREE TRADE
FREE TRADE AGREEMENT
GDP
GENERALIZED SYSTEM OF PREFERENCES
GLOBAL MARKET
GLOBAL MARKETS
GLOBALIZATION
GOVERNMENT INTERVENTION
GROSS DOMESTIC PRODUCT
GROWTH RATES
HUMAN CAPITAL
ICT
INCOME
INCOME GROUPS
INCOMES
INDUSTRIALIZATION
INFORMATION ASYMMETRIES
INFORMATION TECHNOLOGIES
INFORMATION TECHNOLOGY
INSURANCE
INTELLECTUAL PROPERTY
INTEREST RATE
INTERNATIONAL MARKETS
INTERNATIONAL TRADE
INVESTMENT CLIMATE
LABOR MARKET
LAWS
LAWYERS
LDCS
LEARNING
LOBBYING
LOW-INCOME COUNTRIES
MARKET ACCESS
MARKET FAILURES
MERGERS
MIDDLE INCOME COUNTRIES
MOBILE BANKING
MOBILE PHONES
MONEY LAUNDERING
MONOPOLY
MULTILATERAL TRADE
MULTINATIONAL
NATIONAL DEVELOPMENT
NATURAL MONOPOLIES
NETWORK SERVICES
OUTPUT
OUTPUTS
PARTNERSHIP AGREEMENTS
POLITICAL LEADERS
POLLUTION
POTENTIAL INVESTORS
POWER OUTAGES
PREFERENTIAL
PREFERENTIAL ACCESS
PRIVATE INVESTMENT
PRIVATIZATION
PROCUREMENT
PRODUCTIVITY
PRODUCTIVITY GROWTH
PROFIT MARGINS
PROPERTY RIGHT
PUBLIC GOODS
PUBLIC POLICY
REAL GDP
REGIONAL INTEGRATION
REGIONAL TRADE
REGULATOR
REGULATORS
REGULATORY AGENCIES
REGULATORY BODIES
REGULATORY CAPTURE
REGULATORY CONSTRAINT
REGULATORY FRAMEWORK
REGULATORY FRAMEWORKS
REGULATORY OVERSIGHT
REGULATORY REFORM
REGULATORY REGIME
REGULATORY REGIMES
REGULATORY TREATMENT
SATELLITES
SAVINGS
SERVICE DELIVERY
TAX
TECHNICAL ASSISTANCE
TECHNOLOGICAL CHANGE
TELECOMMUNICATIONS
TELECOMMUNICATIONS REVOLUTION
TELECOMMUNICATIONS SERVICES
TELEMEDICINE
TELEPHONE DENSITY
TELEPHONES
TELEPHONY
TERRORISM
TRADE BARRIERS
TRADE LIBERALIZATION
TRADE NEGOTIATIONS
TRADE POLICIES
TRADE POLICY
TRADE REFORMS
TRADE RELATIONS
TRANSFER OF OWNERSHIP
TRANSPARENCY
UNDERSEA CABLES
UNDUE INFLUENCE
VALUE ADDED
WORLD MARKETS
WORLD TRADE
WTO
spellingShingle ACCOUNTING
AGRICULTURE
ASSETS
AUCTION
BANKS
BARRIER
BASIC SERVICES
BILATERAL TRADE
BROKERAGE
BUSINESS CLIMATE
BUSINESS ENVIRONMENT
BUSINESS SERVICES
CAPACITY BUILDING
COMMODITIES
COMMON MARKET
COMMUNICATION SERVICES
COMMUNICATION TECHNOLOGIES
COMPARATIVE ADVANTAGE
COMPARATIVE ADVANTAGES
COMPETITION POLICIES
COMPETITION POLICY
COMPETITIVE ENVIRONMENT
COMPETITIVE MARKET
COMPETITIVENESS
CONNECTIVITY
CONSUMERS
CURRENCY
CUSTOMS UNION
DEREGULATION
DEVELOPING COUNTRIES
DEVELOPMENT ASSISTANCE
DOMESTIC ECONOMY
DOMESTIC MARKET
DOMESTIC MARKETS
ECONOMIES OF SCALE
ELECTRONIC MONEY
ENGINEERING SERVICES
ENGINEERS
EXPORT SECTORS
EXPORTS
FINANCIAL INSTITUTIONS
FINANCIAL SERVICES
FINANCIAL SUPPORT
FOREIGN BANKS
FOREIGN DIRECT INVESTMENT
FOREIGN INVESTMENT
FOREIGN INVESTORS
FOREIGN TRADE
FORMAL ECONOMY
FREE TRADE
FREE TRADE AGREEMENT
GDP
GENERALIZED SYSTEM OF PREFERENCES
GLOBAL MARKET
GLOBAL MARKETS
GLOBALIZATION
GOVERNMENT INTERVENTION
GROSS DOMESTIC PRODUCT
GROWTH RATES
HUMAN CAPITAL
ICT
INCOME
INCOME GROUPS
INCOMES
INDUSTRIALIZATION
INFORMATION ASYMMETRIES
INFORMATION TECHNOLOGIES
INFORMATION TECHNOLOGY
INSURANCE
INTELLECTUAL PROPERTY
INTEREST RATE
INTERNATIONAL MARKETS
INTERNATIONAL TRADE
INVESTMENT CLIMATE
LABOR MARKET
LAWS
LAWYERS
LDCS
LEARNING
LOBBYING
LOW-INCOME COUNTRIES
MARKET ACCESS
MARKET FAILURES
MERGERS
MIDDLE INCOME COUNTRIES
MOBILE BANKING
MOBILE PHONES
MONEY LAUNDERING
MONOPOLY
MULTILATERAL TRADE
MULTINATIONAL
NATIONAL DEVELOPMENT
NATURAL MONOPOLIES
NETWORK SERVICES
OUTPUT
OUTPUTS
PARTNERSHIP AGREEMENTS
POLITICAL LEADERS
POLLUTION
POTENTIAL INVESTORS
POWER OUTAGES
PREFERENTIAL
PREFERENTIAL ACCESS
PRIVATE INVESTMENT
PRIVATIZATION
PROCUREMENT
PRODUCTIVITY
PRODUCTIVITY GROWTH
PROFIT MARGINS
PROPERTY RIGHT
PUBLIC GOODS
PUBLIC POLICY
REAL GDP
REGIONAL INTEGRATION
REGIONAL TRADE
REGULATOR
REGULATORS
REGULATORY AGENCIES
REGULATORY BODIES
REGULATORY CAPTURE
REGULATORY CONSTRAINT
REGULATORY FRAMEWORK
REGULATORY FRAMEWORKS
REGULATORY OVERSIGHT
REGULATORY REFORM
REGULATORY REGIME
REGULATORY REGIMES
REGULATORY TREATMENT
SATELLITES
SAVINGS
SERVICE DELIVERY
TAX
TECHNICAL ASSISTANCE
TECHNOLOGICAL CHANGE
TELECOMMUNICATIONS
TELECOMMUNICATIONS REVOLUTION
TELECOMMUNICATIONS SERVICES
TELEMEDICINE
TELEPHONE DENSITY
TELEPHONES
TELEPHONY
TERRORISM
TRADE BARRIERS
TRADE LIBERALIZATION
TRADE NEGOTIATIONS
TRADE POLICIES
TRADE POLICY
TRADE REFORMS
TRADE RELATIONS
TRANSFER OF OWNERSHIP
TRANSPARENCY
UNDERSEA CABLES
UNDUE INFLUENCE
VALUE ADDED
WORLD MARKETS
WORLD TRADE
WTO
World Bank
Africa’s Trade in Services and Economic Partnership Agreements
geographic_facet Africa
description Trade can play a crucial role in the development of services sectors in Africa. Services offer new dynamic opportunities for exports, especially for land-locked countries, while opening up to imports of services and foreign direct investment is a key mechanism to increase competition and drive greater efficiency in the provision of services in the domestic economy. Lower prices, higher quality and wider access to services raises productivity improves competitiveness and is critical for poverty reduction. But trade opening may need to be coordinated with regulatory reforms, to ensure efficient outcomes, while additional policies may be required to ensure that public policy objectives regarding equity are achieved. This places emphasis on the capacity to define and implement sound regulatory policies for services sectors, capacity that is limited in many African countries. Regulatory and trade reforms in Africa need to be supported with technical and financial assistance. Such assistance should be available to all African countries that wish to reform their services sectors, whether they negotiate and sign an Economic Partnership Agreement (EPA) or not. An independently managed fund for services trade reform in Africa, organized around common priority sectors, that would allocate resources to support implementation of reforms and consultants according to expertise, not nationality, will be the most appropriate vehicle for providing technical assistance and building capacity.
format Economic & Sector Work :: Foreign Trade, FDI, and Capital Flows Study
author World Bank
author_facet World Bank
author_sort World Bank
title Africa’s Trade in Services and Economic Partnership Agreements
title_short Africa’s Trade in Services and Economic Partnership Agreements
title_full Africa’s Trade in Services and Economic Partnership Agreements
title_fullStr Africa’s Trade in Services and Economic Partnership Agreements
title_full_unstemmed Africa’s Trade in Services and Economic Partnership Agreements
title_sort africa’s trade in services and economic partnership agreements
publisher World Bank
publishDate 2012
url http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20101124020601
http://hdl.handle.net/10986/2942
_version_ 1764386202013663232
spelling okr-10986-29422021-04-23T14:02:05Z Africa’s Trade in Services and Economic Partnership Agreements World Bank ACCOUNTING AGRICULTURE ASSETS AUCTION BANKS BARRIER BASIC SERVICES BILATERAL TRADE BROKERAGE BUSINESS CLIMATE BUSINESS ENVIRONMENT BUSINESS SERVICES CAPACITY BUILDING COMMODITIES COMMON MARKET COMMUNICATION SERVICES COMMUNICATION TECHNOLOGIES COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES COMPETITION POLICIES COMPETITION POLICY COMPETITIVE ENVIRONMENT COMPETITIVE MARKET COMPETITIVENESS CONNECTIVITY CONSUMERS CURRENCY CUSTOMS UNION DEREGULATION DEVELOPING COUNTRIES DEVELOPMENT ASSISTANCE DOMESTIC ECONOMY DOMESTIC MARKET DOMESTIC MARKETS ECONOMIES OF SCALE ELECTRONIC MONEY ENGINEERING SERVICES ENGINEERS EXPORT SECTORS EXPORTS FINANCIAL INSTITUTIONS FINANCIAL SERVICES FINANCIAL SUPPORT FOREIGN BANKS FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN INVESTORS FOREIGN TRADE FORMAL ECONOMY FREE TRADE FREE TRADE AGREEMENT GDP GENERALIZED SYSTEM OF PREFERENCES GLOBAL MARKET GLOBAL MARKETS GLOBALIZATION GOVERNMENT INTERVENTION GROSS DOMESTIC PRODUCT GROWTH RATES HUMAN CAPITAL ICT INCOME INCOME GROUPS INCOMES INDUSTRIALIZATION INFORMATION ASYMMETRIES INFORMATION TECHNOLOGIES INFORMATION TECHNOLOGY INSURANCE INTELLECTUAL PROPERTY INTEREST RATE INTERNATIONAL MARKETS INTERNATIONAL TRADE INVESTMENT CLIMATE LABOR MARKET LAWS LAWYERS LDCS LEARNING LOBBYING LOW-INCOME COUNTRIES MARKET ACCESS MARKET FAILURES MERGERS MIDDLE INCOME COUNTRIES MOBILE BANKING MOBILE PHONES MONEY LAUNDERING MONOPOLY MULTILATERAL TRADE MULTINATIONAL NATIONAL DEVELOPMENT NATURAL MONOPOLIES NETWORK SERVICES OUTPUT OUTPUTS PARTNERSHIP AGREEMENTS POLITICAL LEADERS POLLUTION POTENTIAL INVESTORS POWER OUTAGES PREFERENTIAL PREFERENTIAL ACCESS PRIVATE INVESTMENT PRIVATIZATION PROCUREMENT PRODUCTIVITY PRODUCTIVITY GROWTH PROFIT MARGINS PROPERTY RIGHT PUBLIC GOODS PUBLIC POLICY REAL GDP REGIONAL INTEGRATION REGIONAL TRADE REGULATOR REGULATORS REGULATORY AGENCIES REGULATORY BODIES REGULATORY CAPTURE REGULATORY CONSTRAINT REGULATORY FRAMEWORK REGULATORY FRAMEWORKS REGULATORY OVERSIGHT REGULATORY REFORM REGULATORY REGIME REGULATORY REGIMES REGULATORY TREATMENT SATELLITES SAVINGS SERVICE DELIVERY TAX TECHNICAL ASSISTANCE TECHNOLOGICAL CHANGE TELECOMMUNICATIONS TELECOMMUNICATIONS REVOLUTION TELECOMMUNICATIONS SERVICES TELEMEDICINE TELEPHONE DENSITY TELEPHONES TELEPHONY TERRORISM TRADE BARRIERS TRADE LIBERALIZATION TRADE NEGOTIATIONS TRADE POLICIES TRADE POLICY TRADE REFORMS TRADE RELATIONS TRANSFER OF OWNERSHIP TRANSPARENCY UNDERSEA CABLES UNDUE INFLUENCE VALUE ADDED WORLD MARKETS WORLD TRADE WTO Trade can play a crucial role in the development of services sectors in Africa. Services offer new dynamic opportunities for exports, especially for land-locked countries, while opening up to imports of services and foreign direct investment is a key mechanism to increase competition and drive greater efficiency in the provision of services in the domestic economy. Lower prices, higher quality and wider access to services raises productivity improves competitiveness and is critical for poverty reduction. But trade opening may need to be coordinated with regulatory reforms, to ensure efficient outcomes, while additional policies may be required to ensure that public policy objectives regarding equity are achieved. This places emphasis on the capacity to define and implement sound regulatory policies for services sectors, capacity that is limited in many African countries. Regulatory and trade reforms in Africa need to be supported with technical and financial assistance. Such assistance should be available to all African countries that wish to reform their services sectors, whether they negotiate and sign an Economic Partnership Agreement (EPA) or not. An independently managed fund for services trade reform in Africa, organized around common priority sectors, that would allocate resources to support implementation of reforms and consultants according to expertise, not nationality, will be the most appropriate vehicle for providing technical assistance and building capacity. 2012-03-19T10:25:16Z 2012-03-19T10:25:16Z 2010-07-20 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20101124020601 http://hdl.handle.net/10986/2942 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank Economic & Sector Work :: Foreign Trade, FDI, and Capital Flows Study Africa