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A Pragmatic Situational and Symbiotic Market Requirements Appraisal

Author

Listed:
  • Ndwiga Duncan Kariuki
  • Xiong-Ying Wu
  • Li-Hong Chen
  • Xue-Mei Ding

Abstract

African textile and clothing industry though has been in a state of instability, have undergone great transformation to fit in the international trade through implementing the World Trade Organization requirements of a liberalized market and promoting bilateral trade. However, little is known about the current market situation and regulation requirements being implemented. This article provides a comprehensive appraisal to enable understand the African business environment in ways useful in developing this sector, and guiding textile and clothing companies wishing to invest and trade in Africa. It focuses on the structure and characteristics of African four most active Regional Economic Communities (REC) pillars, consisting 42 of the 48 Sub-Saharan Africa (SSA) countries. Through a situational comparative and symbiotic trade analysis of these integrated regional economic markets, this study assesses the current policies towards promoting internal and external trade. The analysis reveals that the integration of regional economic trading blocs has led to the development of more competitive and sustainable markets, and mitigating effects of trade liberalization.

Suggested Citation

  • Ndwiga Duncan Kariuki & Xiong-Ying Wu & Li-Hong Chen & Xue-Mei Ding, 2014. "A Pragmatic Situational and Symbiotic Market Requirements Appraisal," Foreign Trade Review, , vol. 49(3), pages 291-308, August.
    • Handle: RePEc:sae:fortra:v:49:y:2014:i:3:p:291-308
    DOI: 10.1177/0015732514539209
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    References listed on IDEAS

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    1. Uexküll, Erik von., 2012. "Regional trade and employment in ECOWAS," ILO Working Papers 994687913402676, International Labour Organization.
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    4. Gibbon, Peter, 2003. "The African Growth and Opportunity Act and the Global Commodity Chain for Clothing," World Development, Elsevier, vol. 31(11), pages 1809-1827, November.
    5. Martine Visser, 2001. "Regional supply chain development: A case study of the clothing and textile industry in SADC," Working Papers 01056, University of Cape Town, Development Policy Research Unit.
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    More about this item

    Keywords

    Market structure and characteristics; Africa textile and apparel industries; symbiotic; trade requirements; trading blocs; Sub-Saharan Africa countries (SSA);
    All these keywords.

    JEL classification:

    • P51 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems

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