Why Trade Facilitation Matters to Africa

Mitigating the impact of the economic crisis will require using all the tools necessary to regain a sustainable path to growth. This includes measures to support trade expansion, including in developing countries, such as those in Africa. This paper provides context for understanding why trade facil...

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Bibliographic Details
Main Authors:	Portugal-Perez, Alberto, Wilson, John S.
Format:	Journal Article
Language:	EN
Published:	2012
Subjects:	Trade Policy International Trade Organizations F130 Country and Industry Studies of Trade F140 International Linkages to Development Role of International Organizations O190 Development Planning and Policy: Trade Policy Factor Movement Foreign Exchange Policy O240
Online Access:	http://hdl.handle.net/10986/4852

id	okr-10986-4852
recordtype	oai_dc
spelling	okr-10986-48522021-04-23T14:02:19Z Why Trade Facilitation Matters to Africa Portugal-Perez, Alberto Wilson, John S. Trade Policy International Trade Organizations F130 Country and Industry Studies of Trade F140 International Linkages to Development Role of International Organizations O190 Development Planning and Policy: Trade Policy Factor Movement Foreign Exchange Policy O240 Mitigating the impact of the economic crisis will require using all the tools necessary to regain a sustainable path to growth. This includes measures to support trade expansion, including in developing countries, such as those in Africa. This paper provides context for understanding why trade facilitation and lowering trade costs matter to Africa both today and over the long term. Trade costs are higher in Africa than in other regions. Using gravity-model estimates, the authors compute ad-valorem equivalents of improvements in trade indicators for a sample of African countries. The evidence suggests that the gains for African exporters from cutting trade costs half-way to the level of Mauritius has a greater effect on trade flows than a substantial cut in tariff barriers. As an example, improving logistics so that Ethiopia cuts its costs of trading a standardized container of goods half-way to the level in Mauritius would be roughly equivalent to a 7.6% cut in tariffs faced by Ethiopian exporters across all importers. 2012-03-30T07:30:03Z 2012-03-30T07:30:03Z 2009 Journal Article World Trade Review 14747456 http://hdl.handle.net/10986/4852 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article Africa Ethiopia Mauritius
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	EN
topic	Trade Policy International Trade Organizations F130 Country and Industry Studies of Trade F140 International Linkages to Development Role of International Organizations O190 Development Planning and Policy: Trade Policy Factor Movement Foreign Exchange Policy O240
spellingShingle	Trade Policy International Trade Organizations F130 Country and Industry Studies of Trade F140 International Linkages to Development Role of International Organizations O190 Development Planning and Policy: Trade Policy Factor Movement Foreign Exchange Policy O240 Portugal-Perez, Alberto Wilson, John S. Why Trade Facilitation Matters to Africa
geographic_facet	Africa Ethiopia Mauritius
relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description	Mitigating the impact of the economic crisis will require using all the tools necessary to regain a sustainable path to growth. This includes measures to support trade expansion, including in developing countries, such as those in Africa. This paper provides context for understanding why trade facilitation and lowering trade costs matter to Africa both today and over the long term. Trade costs are higher in Africa than in other regions. Using gravity-model estimates, the authors compute ad-valorem equivalents of improvements in trade indicators for a sample of African countries. The evidence suggests that the gains for African exporters from cutting trade costs half-way to the level of Mauritius has a greater effect on trade flows than a substantial cut in tariff barriers. As an example, improving logistics so that Ethiopia cuts its costs of trading a standardized container of goods half-way to the level in Mauritius would be roughly equivalent to a 7.6% cut in tariffs faced by Ethiopian exporters across all importers.
format	Journal Article
author	Portugal-Perez, Alberto Wilson, John S.
author_facet	Portugal-Perez, Alberto Wilson, John S.
author_sort	Portugal-Perez, Alberto
title	Why Trade Facilitation Matters to Africa
title_short	Why Trade Facilitation Matters to Africa
title_full	Why Trade Facilitation Matters to Africa
title_fullStr	Why Trade Facilitation Matters to Africa
title_full_unstemmed	Why Trade Facilitation Matters to Africa
title_sort	why trade facilitation matters to africa
publishDate	2012
url	http://hdl.handle.net/10986/4852
_version_	1764392996297506816

Why Trade Facilitation Matters to Africa

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