The Business Environment in Southern Africa : Issues in Trade and Market Integration - Full report

This report assesses some of the key barriers to greater trade and factor market integration in the Southern Africa Development Community (SADC). The SADC has been a free trade area since 2008, and has an ambitious agenda for further trade integrat...

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Bibliographic Details
Main Author: World Bank
Format: Other Financial Sector Study
Language:English
Published: World Bank 2012
Subjects:
OIL
TAX
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=000356161_20110330001535
http://hdl.handle.net/10986/2975
id okr-10986-2975
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 ABSOLUTE VALUE
ALLOCATIVE EFFICIENCY
APARTHEID
ARBITRAGE
AVERAGE TARIFF
AVERAGE TARIFFS
BANKING INDUSTRIES
BANKING INDUSTRY
BARRIER
BARRIERS TO ENTRY
BORDER TRADE
BUSINESS ENVIRONMENT
BUSINESS ENVIRONMENTS
BUSINESS EXPANSION
BUSINESS REGULATION
CAPITAL ACCOUNT
CAPITAL ACCOUNTS
CAPITAL CONTROLS
CAPITAL FLOWS
CAPITAL GOODS
CODE OF CONDUCT
CODES OF CONDUCT
COLLATERAL
COLLATERAL REQUIREMENTS
COMMERCIAL BANKS
COMMODITIES
COMMODITY
COMMODITY PRICE
COMMON MARKET
COMMUNICATIONS INFRASTRUCTURE
COMPARATIVE ADVANTAGE
COMPETITION POLICIES
COMPETITION POLICY
CONCEPTUAL FRAMEWORK
CONNECTIVITY
CONSUMER GOOD
CONSUMER GOODS
CONSUMER PRICE INFLATION
CONTRACT ENFORCEMENT
COST SAVINGS
CREDIT INFORMATION SYSTEMS
CROSS-BORDER TRANSACTION
CURRENCY
CUSTOMS ADMINISTRATION
CUSTOMS CLEARANCE
CUSTOMS PROCEDURES
CUSTOMS UNION
CUSTOMS UNIONS
DATA AVAILABILITY
DEMOCRACY
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DOLLAR VALUE
DOMESTIC INDUSTRIES
DOMESTIC INDUSTRY
DOMESTIC MARKETS
DOMESTIC PRODUCERS
DOMESTIC SUPPLIERS
ECONOMIC GROWTH
ECONOMIC INTEGRATION
EMERGING MARKET
EMERGING MARKET ECONOMIES
ENVIRONMENTS
EVIDENCE OF CONVERGENCE
EXCHANGE RATE
EXCHANGE RATE MOVEMENTS
EXCHANGE RATES
EXPORT BIAS
EXPORT DIVERSIFICATION
EXPORT GROWTH
EXPORT MARKET
EXPORT VOLUMES
EXPORTERS
EXPORTS
EXTERNAL FINANCE
EXTERNAL TARIFF
FACTOR MARKET INTEGRATION
FACTOR MARKETS
FINANCIAL DEVELOPMENT
FINANCIAL INSTITUTIONS
FINANCIAL INTEGRATION
FINANCIAL MARKET
FINANCIAL PRODUCTS
FINANCIAL SERVICES
FINANCIAL TRANSACTIONS
FLOW OF CAPITAL
FOREIGN BANKS
FOREIGN COMPETITION
FOREIGN DIRECT INVESTMENT
FOREIGN INVESTMENT
FREE TRADE
FREE TRADE AGREEMENT
FREE TRADE AREA
GLOBAL ECONOMY
GOVERNANCE INDICATORS
GOVERNMENT INVOLVEMENT
GOVERNMENT OWNERSHIP
GOVERNMENT OWNERSHIP OF BANKS
GROSS DOMESTIC PRODUCT
GROWTH RATES
HARMONIZATION
HIGH UNEMPLOYMENT
HUMAN CAPITAL
IMPORT TARIFFS
INCOME
INCOME GROUPS
INCOMES
INDIRECT BARRIERS
INDUSTRY TRADE
INSURANCE
INTEREST RATE
INTERMEDIATE GOODS
INTERMEDIATE INPUTS
INTERNATIONAL PRICES
INTERNATIONAL TRADE
INVESTMENT CLIMATE
JUDICIAL SYSTEMS
LABOR COSTS
LABOR MARKET
LABOR MARKET INTEGRATION
LABOR MARKETS
LABOR PRODUCTIVITY
LEGAL FRAMEWORK
LIBERALIZATION
LONG-TERM FINANCE
LOW-INCOME ECONOMY
MANUFACTURING PRODUCTIVITY
MARKET COMPETITION
MARKET ECONOMIES
MARKET INTEGRATION
MARKET SHARES
MICROFINANCE
MIDDLE-INCOME COUNTRIES
MIDDLE-INCOME ECONOMIES
NATURAL RESOURCES
NOMINAL INTEREST RATES
OIL
OPENNESS
OUTPUT
OUTSOURCING
POLICY ENVIRONMENT
POLITICAL STABILITY
POWER PARITY
PRICE DIFFERENCES
PRIVATE INVESTMENT
PRIVATE SECTOR DEVELOPMENT
PRIVATIZATION
PROCESS OF INTEGRATION
PRODUCERS
PRODUCTION PROCESSES
PRODUCTIVITY GROWTH
PUBLIC UTILITIES
PUBLIC-PRIVATE PARTNERSHIPS
PURCHASING POWER
PURE COMPETITION
RATES OF PROTECTION
REAL EXCHANGE RATE
REAL EXCHANGE RATE VOLATILITY
REAL EXCHANGE RATES
REGIONAL INTEGRATION
REGIONAL TRADE
REGIONAL TRADE INTEGRATION
REGULATOR
REGULATORY BARRIERS
REGULATORY FRAMEWORK
RESERVE BANK
RULES OF ORIGIN
SHARE OF WORLD EXPORTS
SHARE OF WORLD TRADE
SMALL BUSINESS
SMALL BUSINESSES
TARIFF BARRIERS
TARIFF LEVELS
TARIFF PROTECTION
TARIFF RATE
TARIFF RATES
TARIFF REDUCTION
TAX
TERMS OF TRADE
TRADE BARRIERS
TRADE COSTS
TRADE FACILITATION
TRADE FLOW DATA
TRADE FLOWS
TRADE INTEGRATION
TRADE LIBERALIZATION
TRADE POLICIES
TRADE POLICY
TRADE REFORM
TRADE VOLUMES
TRADING SYSTEM
TRANSACTION COSTS
TRANSPARENCY
TRANSPORT COSTS
TREASURY
UNILATERAL LIBERALIZATION
UNILATERAL REFORM
VOLATILITY
VOLUME OF TRADE
WAGE CHANGES
WAGE RATES
WAGES
WORKING CAPITAL
WORLD DEVELOPMENT INDICATOR
WORLD DEVELOPMENT INDICATORS
WORLD ECONOMY
WORLD TRADE
WORLD TRADE ORGANIZATION
spellingShingle ABSOLUTE VALUE
ALLOCATIVE EFFICIENCY
APARTHEID
ARBITRAGE
AVERAGE TARIFF
AVERAGE TARIFFS
BANKING INDUSTRIES
BANKING INDUSTRY
BARRIER
BARRIERS TO ENTRY
BORDER TRADE
BUSINESS ENVIRONMENT
BUSINESS ENVIRONMENTS
BUSINESS EXPANSION
BUSINESS REGULATION
CAPITAL ACCOUNT
CAPITAL ACCOUNTS
CAPITAL CONTROLS
CAPITAL FLOWS
CAPITAL GOODS
CODE OF CONDUCT
CODES OF CONDUCT
COLLATERAL
COLLATERAL REQUIREMENTS
COMMERCIAL BANKS
COMMODITIES
COMMODITY
COMMODITY PRICE
COMMON MARKET
COMMUNICATIONS INFRASTRUCTURE
COMPARATIVE ADVANTAGE
COMPETITION POLICIES
COMPETITION POLICY
CONCEPTUAL FRAMEWORK
CONNECTIVITY
CONSUMER GOOD
CONSUMER GOODS
CONSUMER PRICE INFLATION
CONTRACT ENFORCEMENT
COST SAVINGS
CREDIT INFORMATION SYSTEMS
CROSS-BORDER TRANSACTION
CURRENCY
CUSTOMS ADMINISTRATION
CUSTOMS CLEARANCE
CUSTOMS PROCEDURES
CUSTOMS UNION
CUSTOMS UNIONS
DATA AVAILABILITY
DEMOCRACY
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DOLLAR VALUE
DOMESTIC INDUSTRIES
DOMESTIC INDUSTRY
DOMESTIC MARKETS
DOMESTIC PRODUCERS
DOMESTIC SUPPLIERS
ECONOMIC GROWTH
ECONOMIC INTEGRATION
EMERGING MARKET
EMERGING MARKET ECONOMIES
ENVIRONMENTS
EVIDENCE OF CONVERGENCE
EXCHANGE RATE
EXCHANGE RATE MOVEMENTS
EXCHANGE RATES
EXPORT BIAS
EXPORT DIVERSIFICATION
EXPORT GROWTH
EXPORT MARKET
EXPORT VOLUMES
EXPORTERS
EXPORTS
EXTERNAL FINANCE
EXTERNAL TARIFF
FACTOR MARKET INTEGRATION
FACTOR MARKETS
FINANCIAL DEVELOPMENT
FINANCIAL INSTITUTIONS
FINANCIAL INTEGRATION
FINANCIAL MARKET
FINANCIAL PRODUCTS
FINANCIAL SERVICES
FINANCIAL TRANSACTIONS
FLOW OF CAPITAL
FOREIGN BANKS
FOREIGN COMPETITION
FOREIGN DIRECT INVESTMENT
FOREIGN INVESTMENT
FREE TRADE
FREE TRADE AGREEMENT
FREE TRADE AREA
GLOBAL ECONOMY
GOVERNANCE INDICATORS
GOVERNMENT INVOLVEMENT
GOVERNMENT OWNERSHIP
GOVERNMENT OWNERSHIP OF BANKS
GROSS DOMESTIC PRODUCT
GROWTH RATES
HARMONIZATION
HIGH UNEMPLOYMENT
HUMAN CAPITAL
IMPORT TARIFFS
INCOME
INCOME GROUPS
INCOMES
INDIRECT BARRIERS
INDUSTRY TRADE
INSURANCE
INTEREST RATE
INTERMEDIATE GOODS
INTERMEDIATE INPUTS
INTERNATIONAL PRICES
INTERNATIONAL TRADE
INVESTMENT CLIMATE
JUDICIAL SYSTEMS
LABOR COSTS
LABOR MARKET
LABOR MARKET INTEGRATION
LABOR MARKETS
LABOR PRODUCTIVITY
LEGAL FRAMEWORK
LIBERALIZATION
LONG-TERM FINANCE
LOW-INCOME ECONOMY
MANUFACTURING PRODUCTIVITY
MARKET COMPETITION
MARKET ECONOMIES
MARKET INTEGRATION
MARKET SHARES
MICROFINANCE
MIDDLE-INCOME COUNTRIES
MIDDLE-INCOME ECONOMIES
NATURAL RESOURCES
NOMINAL INTEREST RATES
OIL
OPENNESS
OUTPUT
OUTSOURCING
POLICY ENVIRONMENT
POLITICAL STABILITY
POWER PARITY
PRICE DIFFERENCES
PRIVATE INVESTMENT
PRIVATE SECTOR DEVELOPMENT
PRIVATIZATION
PROCESS OF INTEGRATION
PRODUCERS
PRODUCTION PROCESSES
PRODUCTIVITY GROWTH
PUBLIC UTILITIES
PUBLIC-PRIVATE PARTNERSHIPS
PURCHASING POWER
PURE COMPETITION
RATES OF PROTECTION
REAL EXCHANGE RATE
REAL EXCHANGE RATE VOLATILITY
REAL EXCHANGE RATES
REGIONAL INTEGRATION
REGIONAL TRADE
REGIONAL TRADE INTEGRATION
REGULATOR
REGULATORY BARRIERS
REGULATORY FRAMEWORK
RESERVE BANK
RULES OF ORIGIN
SHARE OF WORLD EXPORTS
SHARE OF WORLD TRADE
SMALL BUSINESS
SMALL BUSINESSES
TARIFF BARRIERS
TARIFF LEVELS
TARIFF PROTECTION
TARIFF RATE
TARIFF RATES
TARIFF REDUCTION
TAX
TERMS OF TRADE
TRADE BARRIERS
TRADE COSTS
TRADE FACILITATION
TRADE FLOW DATA
TRADE FLOWS
TRADE INTEGRATION
TRADE LIBERALIZATION
TRADE POLICIES
TRADE POLICY
TRADE REFORM
TRADE VOLUMES
TRADING SYSTEM
TRANSACTION COSTS
TRANSPARENCY
TRANSPORT COSTS
TREASURY
UNILATERAL LIBERALIZATION
UNILATERAL REFORM
VOLATILITY
VOLUME OF TRADE
WAGE CHANGES
WAGE RATES
WAGES
WORKING CAPITAL
WORLD DEVELOPMENT INDICATOR
WORLD DEVELOPMENT INDICATORS
WORLD ECONOMY
WORLD TRADE
WORLD TRADE ORGANIZATION
World Bank
The Business Environment in Southern Africa : Issues in Trade and Market Integration - Full report
geographic_facet Africa
Southern Africa
description This report assesses some of the key barriers to greater trade and factor market integration in the Southern Africa Development Community (SADC). The SADC has been a free trade area since 2008, and has an ambitious agenda for further trade integration. This report assesses the roles that cross-country differences in business environments have had in impeding cross-border trade flows and the cross-border integration of credit markets and the labor market based on the analysis of microeconomic data on firms and households. The aim of the assessment is to help inform the policy and business environment harmonization agenda of the community. The full report discusses and illustrates the use of price data in monitoring intraregional trade integration. The report evaluates the extent of integration of labor markets among members the statistical agencies of which regularly collect the minimum data required for this purpose, which are South Africa, Mauritius, Tanzania, and Zambia. The results show that, although there is considerable integration of South Africa's labor market with many others in the region, the degree of integration is rather low. This reflects the fact that both trade and capital flows are far more restricted in the region than in places where there is greater cross-border labor market integration.
format Economic & Sector Work :: Other Financial Sector Study
author World Bank
author_facet World Bank
author_sort World Bank
title The Business Environment in Southern Africa : Issues in Trade and Market Integration - Full report
title_short The Business Environment in Southern Africa : Issues in Trade and Market Integration - Full report
title_full The Business Environment in Southern Africa : Issues in Trade and Market Integration - Full report
title_fullStr The Business Environment in Southern Africa : Issues in Trade and Market Integration - Full report
title_full_unstemmed The Business Environment in Southern Africa : Issues in Trade and Market Integration - Full report
title_sort business environment in southern africa : issues in trade and market integration - full report
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=000356161_20110330001535
http://hdl.handle.net/10986/2975
_version_ 1764386272322781184
spelling okr-10986-29752021-04-23T14:02:05Z The Business Environment in Southern Africa : Issues in Trade and Market Integration - Full report World Bank ABSOLUTE VALUE ALLOCATIVE EFFICIENCY APARTHEID ARBITRAGE AVERAGE TARIFF AVERAGE TARIFFS BANKING INDUSTRIES BANKING INDUSTRY BARRIER BARRIERS TO ENTRY BORDER TRADE BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS BUSINESS EXPANSION BUSINESS REGULATION CAPITAL ACCOUNT CAPITAL ACCOUNTS CAPITAL CONTROLS CAPITAL FLOWS CAPITAL GOODS CODE OF CONDUCT CODES OF CONDUCT COLLATERAL COLLATERAL REQUIREMENTS COMMERCIAL BANKS COMMODITIES COMMODITY COMMODITY PRICE COMMON MARKET COMMUNICATIONS INFRASTRUCTURE COMPARATIVE ADVANTAGE COMPETITION POLICIES COMPETITION POLICY CONCEPTUAL FRAMEWORK CONNECTIVITY CONSUMER GOOD CONSUMER GOODS CONSUMER PRICE INFLATION CONTRACT ENFORCEMENT COST SAVINGS CREDIT INFORMATION SYSTEMS CROSS-BORDER TRANSACTION CURRENCY CUSTOMS ADMINISTRATION CUSTOMS CLEARANCE CUSTOMS PROCEDURES CUSTOMS UNION CUSTOMS UNIONS DATA AVAILABILITY DEMOCRACY DEVELOPING COUNTRIES DEVELOPING COUNTRY DOLLAR VALUE DOMESTIC INDUSTRIES DOMESTIC INDUSTRY DOMESTIC MARKETS DOMESTIC PRODUCERS DOMESTIC SUPPLIERS ECONOMIC GROWTH ECONOMIC INTEGRATION EMERGING MARKET EMERGING MARKET ECONOMIES ENVIRONMENTS EVIDENCE OF CONVERGENCE EXCHANGE RATE EXCHANGE RATE MOVEMENTS EXCHANGE RATES EXPORT BIAS EXPORT DIVERSIFICATION EXPORT GROWTH EXPORT MARKET EXPORT VOLUMES EXPORTERS EXPORTS EXTERNAL FINANCE EXTERNAL TARIFF FACTOR MARKET INTEGRATION FACTOR MARKETS FINANCIAL DEVELOPMENT FINANCIAL INSTITUTIONS FINANCIAL INTEGRATION FINANCIAL MARKET FINANCIAL PRODUCTS FINANCIAL SERVICES FINANCIAL TRANSACTIONS FLOW OF CAPITAL FOREIGN BANKS FOREIGN COMPETITION FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FREE TRADE FREE TRADE AGREEMENT FREE TRADE AREA GLOBAL ECONOMY GOVERNANCE INDICATORS GOVERNMENT INVOLVEMENT GOVERNMENT OWNERSHIP GOVERNMENT OWNERSHIP OF BANKS GROSS DOMESTIC PRODUCT GROWTH RATES HARMONIZATION HIGH UNEMPLOYMENT HUMAN CAPITAL IMPORT TARIFFS INCOME INCOME GROUPS INCOMES INDIRECT BARRIERS INDUSTRY TRADE INSURANCE INTEREST RATE INTERMEDIATE GOODS INTERMEDIATE INPUTS INTERNATIONAL PRICES INTERNATIONAL TRADE INVESTMENT CLIMATE JUDICIAL SYSTEMS LABOR COSTS LABOR MARKET LABOR MARKET INTEGRATION LABOR MARKETS LABOR PRODUCTIVITY LEGAL FRAMEWORK LIBERALIZATION LONG-TERM FINANCE LOW-INCOME ECONOMY MANUFACTURING PRODUCTIVITY MARKET COMPETITION MARKET ECONOMIES MARKET INTEGRATION MARKET SHARES MICROFINANCE MIDDLE-INCOME COUNTRIES MIDDLE-INCOME ECONOMIES NATURAL RESOURCES NOMINAL INTEREST RATES OIL OPENNESS OUTPUT OUTSOURCING POLICY ENVIRONMENT POLITICAL STABILITY POWER PARITY PRICE DIFFERENCES PRIVATE INVESTMENT PRIVATE SECTOR DEVELOPMENT PRIVATIZATION PROCESS OF INTEGRATION PRODUCERS PRODUCTION PROCESSES PRODUCTIVITY GROWTH PUBLIC UTILITIES PUBLIC-PRIVATE PARTNERSHIPS PURCHASING POWER PURE COMPETITION RATES OF PROTECTION REAL EXCHANGE RATE REAL EXCHANGE RATE VOLATILITY REAL EXCHANGE RATES REGIONAL INTEGRATION REGIONAL TRADE REGIONAL TRADE INTEGRATION REGULATOR REGULATORY BARRIERS REGULATORY FRAMEWORK RESERVE BANK RULES OF ORIGIN SHARE OF WORLD EXPORTS SHARE OF WORLD TRADE SMALL BUSINESS SMALL BUSINESSES TARIFF BARRIERS TARIFF LEVELS TARIFF PROTECTION TARIFF RATE TARIFF RATES TARIFF REDUCTION TAX TERMS OF TRADE TRADE BARRIERS TRADE COSTS TRADE FACILITATION TRADE FLOW DATA TRADE FLOWS TRADE INTEGRATION TRADE LIBERALIZATION TRADE POLICIES TRADE POLICY TRADE REFORM TRADE VOLUMES TRADING SYSTEM TRANSACTION COSTS TRANSPARENCY TRANSPORT COSTS TREASURY UNILATERAL LIBERALIZATION UNILATERAL REFORM VOLATILITY VOLUME OF TRADE WAGE CHANGES WAGE RATES WAGES WORKING CAPITAL WORLD DEVELOPMENT INDICATOR WORLD DEVELOPMENT INDICATORS WORLD ECONOMY WORLD TRADE WORLD TRADE ORGANIZATION This report assesses some of the key barriers to greater trade and factor market integration in the Southern Africa Development Community (SADC). The SADC has been a free trade area since 2008, and has an ambitious agenda for further trade integration. This report assesses the roles that cross-country differences in business environments have had in impeding cross-border trade flows and the cross-border integration of credit markets and the labor market based on the analysis of microeconomic data on firms and households. The aim of the assessment is to help inform the policy and business environment harmonization agenda of the community. The full report discusses and illustrates the use of price data in monitoring intraregional trade integration. The report evaluates the extent of integration of labor markets among members the statistical agencies of which regularly collect the minimum data required for this purpose, which are South Africa, Mauritius, Tanzania, and Zambia. The results show that, although there is considerable integration of South Africa's labor market with many others in the region, the degree of integration is rather low. This reflects the fact that both trade and capital flows are far more restricted in the region than in places where there is greater cross-border labor market integration. 2012-03-19T10:26:08Z 2012-03-19T10:26:08Z 2010-12-31 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000356161_20110330001535 http://hdl.handle.net/10986/2975 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank Economic & Sector Work :: Other Financial Sector Study Africa Southern Africa