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World Economic Outlook, April 2019

Growth Slowdown, Precarious Recovery

The global economic expansion decelerated in the second half of 2018 with global growth projected to slow to 3.3 percent in 2019, with risks to future growth on the downside.

World Economic Outlook, April 2019

Growth Slowdown, Precarious Recovery

The global economic expansion decelerated in the second half of 2018 with global growth projected to slow to 3.3 percent in 2019, with risks to future growth on the downside.

Regional Trade Arrangements in Africa

Regional Trade Arrangements in Africa »

Series: IMF Special Issues

Author(s): Sanjeev Gupta , and Yongzheng Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 September 2005

DOI: http://dx.doi.org/10.5089/9781589064393.058

ISBN: 9781589064393

Keywords: Trade, Trade policy, trade liberalization, intraregional trade, regional integration, trade barriers, regional trade

In recent years, African policymakers have increasingly resorted to regional trade arrangements (RTAs) as a substitute for broad-based trade liberalization. This trend has long-term implications for the effectivene...

Foreign and Intratrade Policies of Arab Countries

Foreign and Intratrade Policies of Arab Countries »

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 1992

DOI: http://dx.doi.org/10.5089/9781557753052.071

ISBN: 9781557753052

Keywords: trade liberalization, exporters, tariff structure, nontariff barriers, foreign trade

The challenge facing the Arab countries to maintain economic growth in the face of the deteriorating terms of trade affecting all developing countries was addressed in a seminar held in Abu Dhabi in early 1992. Thi...

CHAPTER 1. Introduction

CHAPTER 1. Introduction »

Source: Regional Trade Arrangements in Africa

Series: IMF Special Issues

Author(s): Sanjeev Gupta , and Yongzheng Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 September 2005

ISBN: 9781589064393

Keywords: Trade, Trade policy, trade liberalization, intraregional trade, regional integration, trade barriers, regional trade

Africa is home to some 30 regional trade arrangements (RTAs), many of which are part of deeper regional integration schemes. 1 On average, each African country belongs to four RTA...

CHAPTER 2. Regional Trade Arrangements in Africa

CHAPTER 2. Regional Trade Arrangements in Africa »

Source: Regional Trade Arrangements in Africa

Series: IMF Special Issues

Author(s): Sanjeev Gupta , and Yongzheng Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 September 2005

ISBN: 9781589064393

Keywords: Trade, Trade policy, trade liberalization, intraregional trade, regional integration, trade barriers, regional trade

A. Global Background RTAs have been proliferating exponentially throughout the world. Nearly all countries now participate in at least one RTA, and approximately 300 RTAs, both bilat...

CHAPTER 3. Effects of African Trade Arrangements

CHAPTER 3. Effects of African Trade Arrangements »

Source: Regional Trade Arrangements in Africa

Series: IMF Special Issues

Author(s): Sanjeev Gupta , and Yongzheng Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 September 2005

ISBN: 9781589064393

Keywords: Trade, Trade policy, trade liberalization, intraregional trade, regional integration, trade barriers, regional trade

A. Have RTAs Helped Increase Intraregional Trade? Time-series data show that the impact of the RTAs on intra-African trade seems to have been small or insignificant. As a share of th...

CHAPTER 4. Policy Implications

CHAPTER 4. Policy Implications »

Source: Regional Trade Arrangements in Africa

Series: IMF Special Issues

Author(s): Sanjeev Gupta , and Yongzheng Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 September 2005

ISBN: 9781589064393

Keywords: Trade, Trade policy, trade liberalization, intraregional trade, regional integration, trade barriers, regional trade

The generally disappointing record of African RTAs warrants a reexamination of the underlying assumptions. Is the record disappointing because no preconditions were established to make the RTAs beneficial, d...

CHAPTER 5. Role of the IMF

CHAPTER 5. Role of the IMF »

Source: Regional Trade Arrangements in Africa

Series: IMF Special Issues

Author(s): Sanjeev Gupta , and Yongzheng Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 September 2005

ISBN: 9781589064393

Keywords: Trade, Trade policy, trade liberalization, intraregional trade, regional integration, trade barriers, regional trade

The discussion so far highlights the need to take a broad perspective in thinking about how to make African RTAs work better. Careful design and sustained implementation are necessary to make any RTA deliver...

CHAPTER 6. Conclusions

CHAPTER 6. Conclusions »

Source: Regional Trade Arrangements in Africa

Series: IMF Special Issues

Author(s): Sanjeev Gupta , and Yongzheng Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 September 2005

ISBN: 9781589064393

Keywords: Trade, Trade policy, trade liberalization, intraregional trade, regional integration, trade barriers, regional trade

Over the past decades, African countries have set ambitious goals for their regional trade arrangements, but the results have so far fallen short of expectations. Most African RTAs started with a low level o...

5 The Multilateral Trading System and the Uruguay Round of Trade Negotiations: An Arab Perspective

5 The Multilateral Trading System and the Uruguay Round of Trade Negotiations: An Arab Perspective »

Source: Foreign and Intratrade Policies of Arab Countries

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 1992

ISBN: 9781557753052

Keywords: trade liberalization, exporters, tariff structure, nontariff barriers, foreign trade

Abdel Hamid Mamdouh The Multilateral Trading System The General Agreement on Tariffs and Trade...

6 Trade Policies and Economic Integration Among the Arab Maghreb Union Countries

6 Trade Policies and Economic Integration Among the Arab Maghreb Union Countries »

Source: Foreign and Intratrade Policies of Arab Countries

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 1992

ISBN: 9781557753052

Keywords: trade liberalization, exporters, tariff structure, nontariff barriers, foreign trade

Hassan Abouyoub The Arab world is facing challenges, which have now become worldwide, in seeking to achieve social and economic growth through a process of regional c...