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Trade Liberalization and the Sub-Sahara African Countries: Adjusting to the Challenges of Globalization

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  • Trueblood, Michael
  • Shapouri, Shahla

Abstract

Excerpts from the Introduction: In this article, we examine the role that enhanced trade could play for the Sub-Saharan Africa countries. Economically, trade offers short- and long-run opportunities to improve economic efficiency, raise incomes, and increase the variety and quality of consumer goods at lower prices -- all of which raise living standards over time. Politically, trade also can help "lock in" domestic reforms that lead to greater stability and peace. In this paper, background information is provided on the economies of Sub-Saharan Africa. This is followed by a review of these countries’ policies that help explain their economic performance. The past Uruguay Round (UR) issues are reviewed along with the estimated impacts upon the Sub-Saharan Africa countries. Next, issues that are likely to be negotiated in the next round are examined for all countries. That is followed by a section focusing on issues of particular interest to the Sub-Saharan Africa countries. The importance of Sub-Saharan Africa countries’ participation in the World Trade Organization (WTO negotiations is discussed. The final section summarizes the paper’s findings.

Suggested Citation

  • Trueblood, Michael & Shapouri, Shahla, 1999. "Trade Liberalization and the Sub-Sahara African Countries: Adjusting to the Challenges of Globalization," Miscellaneous Publications 330365, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersmp:330365
    DOI: 10.22004/ag.econ.330365
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    References listed on IDEAS

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    Full references (including those not matched with items on IDEAS)

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