Overview
- Contains policy suggestions to help Africa benefit more from international trade
- Highlights governance issues that are holding back economic growth and African development
- Written from a global perspective with a large number of authors from Africa
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About this book
This book explores the intricate activities and systems that underpin international trade and development in Africa. The relationship between trade and economic performance is analysed, with a particular emphasis on financial development, trade liberalization, and the welfare implications of FTA. A critical reflection of international trade and development in Africa is provided that highlights how institutions that govern the international trade system, largely found in the Global North, have enabled developed countries to benefit most from African trade. Emerging issues, such as FDI, the COVID-19 pandemic, the gendered nature of trade, remittances, and digital trade, are also discussed.
This book aims to examine how Africa can play a more active role international trade and how the trade systems can be altered to help drive economic growth and development in Africa. It will be relevant to students and researchers interested in development and African economics.
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Keywords
- Economic development
- African continental trade agreement
- Trade in Africa
- Export trade financing
- Economics of structured trade finance
- DFIs and trade promotion
- AfCFTA
- National payment systems
- Trade and economic performance
- Welfare implications of FTA
- Trade liberalization and economic growth
- COVID-19 and trade
- Remittances
- Primary commodity exports
- Digital trade
- Cross-border trade in Africa
Table of contents (25 chapters)
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Front Matter
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Overview
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Front Matter
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General Background and Governing Issues
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Front Matter
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Trade Finance and Payment Systems
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Front Matter
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Editors and Affiliations
About the editors
Matthew Kofi Ocran is an economist and a Professor of Economics at the University of Western Cape. He is a Deputy Dean of the Faculty of Economics and Management Sciences. Matthew was previously Chair of the Department of Economics at the University of the Western Cape. He has served on expert panels for the Economic Commission for Africa and the Africa Peer Review Mechanism’s Ad hoc Committee on Credit Ratings. Matthew has also held Visiting Scholar positions at the International Monetary Fund and the European Central Bank.
Joshua Yindenaba Abor is a financial economist, Professor of Finance and former Dean at the University of Ghana Business School. He is an External Fellow at the Centre for Global Finance, SOAS University of London. He served as Afreximbank Research Fellow and has also held Visiting Scholar positions at the IMF. He is a member of the Monetary Policy Committee of the Bank of Ghana.
Bibliographic Information
Book Title: The Palgrave Handbook of International Trade and Development in Africa
Editors: Matthew Kofi Ocran, Joshua Yindenaba Abor
DOI: https://doi.org/10.1007/978-3-031-65715-3
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2024
Hardcover ISBN: 978-3-031-65714-6Published: 07 November 2024
Softcover ISBN: 978-3-031-65717-7Due: 21 November 2025
eBook ISBN: 978-3-031-65715-3Published: 06 November 2024
Edition Number: 1
Number of Pages: XXXIII, 516
Number of Illustrations: 74 b/w illustrations
Topics: Development Economics, African Economics, International Economics