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Tuesday, May 19, 2020 | History

4 edition of Trade liberalization and poverty reduction in Sub-Saharan Africa found in the catalog.

Trade liberalization and poverty reduction in Sub-Saharan Africa

Marian L. Tupy

Trade liberalization and poverty reduction in Sub-Saharan Africa

by Marian L. Tupy

  • 375 Want to read
  • 36 Currently reading

Published by Cato Institute in Washington, D.C .
Written in English

    Subjects:
  • Free trade -- Africa, Sub-Saharan.,
  • Poverty -- Africa, Sub-Saharan.,
  • Africa, Sub-Saharan -- Economic policy.

  • Edition Notes

    Statementby Marian L. Tupy.
    SeriesPolicy analysis -- no. 557, Policy analysis (Cato Institute : Online) -- no. 557.
    ContributionsCato Institute.
    Classifications
    LC ClassificationsH96
    The Physical Object
    FormatElectronic resource
    ID Numbers
    Open LibraryOL17434982M
    LC Control Number2005620031

    This study confirms a strong and robust relationship between economic growth and poverty reduction in sub-Saharan Africa. Employing a panel of 46 countries covering the period , the analysis finds that a 10 percent increase in per capita GDP leads to a 1 percent increase in life expectancy, a percent decline in infant mortality rates, and a 3½-4 percent increase in the rate of. Ghana has adopted a Growth and Poverty Reduction Strategy that emphasizes increased focus on poverty reduction in the design and implementation of its policies. This study uses a CGE model, social accounting matrix and data from the Ghana Living Standards Survey 4 to examine the impact of unilateral partial trade liberalization.

      The link between trade liberalisation and poverty has arguably been one of the most debated topics in development policy debate. Existing studies on the subject have primarily used multi-country cross-sectional data, and there is a growing concern about the limitations of this approach in providing a sound empirical basis for informing the policy Edition: 1st Edition.   The current global environment poses both a threat and an opportunity for Africa. Taking advantage of the openings afforded by trade and investment, while managing the risks and focusing on benefits for the poorest, is the central African challenge in economic by: 3.

    After two decades of economic stagnation and little progress in poverty reduction, the seeds of an economic renaissance in sub-Saharan Africa, with faster growth and less poverty, have been sown in recent years. This Issues Brief, after reviewing recent economic developments, outlines the key policy issues that countries in the region will need to address and the contribution that the. Although trade liberalization is being actively promoted as a key component in development strategies, theoretically, the impact of trade openness on poverty reduction is ambiguous. On the one hand, a more liberalized trade regime is argued to change relative factor prices in Cited by:


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Trade liberalization and poverty reduction in Sub-Saharan Africa by Marian L. Tupy Download PDF EPUB FB2

Sahara. Trade is a way of delivering goods and services to those who value them most. Second, trade allows traders to gain from spe-cializing in the production of those goods and services they do. The persistence of poverty in many developing countries, especially in Sub-Saharan Africa, in the face of increased globalisation and rapid trade liberalisation during the past two decades has inspired considerable debate on the impact of globalisation, in general, and trade liberalisation, in particular, on : Paperback.

Strikingly, trade liberalization within SSA could increase intra‐ SSA trade by 54 percent and account for over 36 percent of all the welfare gains that SSA stands to receive as a result of. The link between trade liberalization and poverty reduction has played a crucial role on economic policy in developing and least developed countries, particularly in sub-Saharan Africa.

This paper critically reviews the impact of globalization on Sub-Saharan Africa (SSA) since the early s. The large gains expected from opening up to international economic forces have, to date, been limited, and there have been significant adverse consequences.

FDI in SSA has been largely confined to resource, especially mineral, extraction, even as continuing capital flight has reduced. The problem of poverty and how to reduce it remains the most pressing dilemma in the international development debate.

More specifically, two questions are at the heart of much of academic research and public policy for development, namely: what is it that makes Sub-Saharan Africa (SSA) the poorest region in the world and what can be done to deliver the sustainable and broad-based economic.

Poverty focused policies for development and poverty reduction 10 Structural Adjustment Programmes (SAPs) and Poverty Reduction Strategies (PRSs) 11 The Millennium Development Goals (MDGs) 12 Building capabilities 13 Pro-poor growth 14 Social protection 15 Inclusion, anti-discrimination and empowerment 16 5.

in Sub-Saharan Africa (SSA). The result obtained indicates that foreign aid has no significant influence on poverty reduction in SSA, because of the countries weak economic management. Economic reform in sub-Saharan Africa: a World Bank symposium (English) Abstract The papers in this volume are divided into eight broad and interrelated topics that concern African economic reform: exchange rate policy, parallel markets, fiscal deficits and expenditure policy, financial sector policy, trade policy, regional integration Cited by: The Trade and Poverty Unit conducts research and policy analyses on interlinkages between trade and poverty in poor developing countries such as those in Africa and the least developed countries (LDCs).

10 April Putting trade at the heart of poverty-reduction policies in Trade and Current Account Balances in Sub-Saharan Africa. Rural development, poverty reduction and environmental growth in Sub-Saharan Africa (English) Abstract.

This article outlines the role that the World Bank will play in supporting a modified rural development strategy for the Sub-Saharan Africa region: The Bank will be more selective in targeting countries for assistance in rural development programs, focusing Cited by: 3. Trade liberalization tends to boost economic growth and contribute to the reduction of poverty in the longer term, but it may also impose important short-term adjustment costs.

This paper explores the poverty implications of the current post-Doha multilateral trade reform agenda of the WTO for developing countries, so those benefits can be Cited by: Recovering and accelerating economic growth in sub-Saharan Africa is widely recognized.

However, less is known about improvements in welfare and poverty reduction. Despite high reported growth rates, grassroots poverty remains little changed, contrasting with a number of optimistic (and disputed) assessments published based on internationally available : Channing Arndt.

The persistence of poverty in Sub-Saharan Africa (SSA), in the face of increased globalization and rapid trade liberalization during the past two decades has inspired considerable debate on the impact of globalization, in general, and trade liberalization, in particular, on poverty.

The standard argument is that global trade liberalization would lead to a rise in the incomes. Although trade liberalization is being actively promoted as a key component in development strategies, theoretically, the impact of trade openness on poverty reduction is ambiguous.

On the one hand, a more liberalized trade regime is argued to change relative. This book is an edited volume which contains empirical studies on determinants of poverty and its reduction in Africa. It looks at multidimensional measures of poverty, production and productivity-related factors, policies influencing poverty and random, hazardous but preventive factors influencing poverty levels and their by: 1.

Agriculture, Trade Liberalization and Poverty in the ACP Countries: /ch This chapter looks specifically at the impact of the ACP agriculture trade agreements on issues of food production, food security and poverty and how theyAuthor: Theresa Ann Rajack-Talley.

TRADE, INCOME DISTRIBUTION AND POVERTY IN DEVELOPING COUNTRIES: A SURVEY Amelia U. Santos-Paulino No. July Acknowledgements: The author is grateful to Marco Fugazza, Charles Gore, Alessandro Nicita, José R.

Sánchez-Fung and Tony Thirlwall for comments and discussions on previous versions of the Size: 1MB. McCulloch, N., L. Winters and X. Cirera () Trade Liberalization and Poverty: A Handbook, London: Centre for Economic Policy Research.

Google Scholar Sala-i-Martin, X. () ‘The World Distribution of Income (Estimated from Individual Country Distributions)’, NBER Working PaperCambridge, MA, by: ern Europe,and,to a lesser extent,in Africa and the Middle in the s, the results of trade Does trade liberalization lead to economic growth.

Finally,does trade liber-alization improve or reduce poverty. tries in Sub-Saharan Africa that looked to integrationFile Size: KB. Introduction: Globalization–Poverty Channels and Case Studies from Sub-Saharan Africa Machiko Nissanke and Erik Thorbecke 2. Gains from Trade: Implications for Labour Market Adjustment and Poverty Reduction in Africa Augustin Kwasi Fosu and Andrew Mold More Working Paper | Gains from Trade.Given the popular suspicions about trade liberalization, this handbook will make an important contribution to debate on globalization and poverty.

Book Details Pages.The Impact of Trade Liberalization on Poverty Reduction. May 1, This spring, the Africa Program joined The Program on Science, Technology, America and the Global Economy to sponsor a day-long conference on the impact of free trade on improving living conditions in the developing world.

The reduction of barriers to trade in.