Africa and Preferential Trade: An Unpredictable Path for Development

Author:   Richard E. Mshomba
Publisher:   Stanford University Press
ISBN:  

9781503614611


Pages:   266
Publication Date:   10 September 2024
Format:   Hardback
Availability:   In Print   Availability explained
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Africa and Preferential Trade: An Unpredictable Path for Development


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Author:   Richard E. Mshomba
Publisher:   Stanford University Press
Imprint:   Stanford University Press
ISBN:  

9781503614611


ISBN 10:   1503614611
Pages:   266
Publication Date:   10 September 2024
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

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Reviews

"""'Trade, not aid' has become the banner slogan signaling donor fatigue among Western nations. Many nations have turned, instead, to non-reciprocal preferential trade agreements as a vehicle for promoting economic development in poorer countries. But have these agreements really worked? To what extent? And can they be made to work more effectively? Mshomba's cogent, accessible, and nuanced book offers persuasive answers to these questions."" —Michael Lofchie, UCLA ""An invaluable survey of the strengths and weaknesses of trade preference programs.While the benefits of these programs are not automatic, Mshomba makes crystal clear that sustained market access to the world's largest economies, through programs such as GSP and the African Growth and Opportunity Act, can be vital to Africa's prosperity."" —Witney Schneidman, Brookings Institution ""Mshomba draws on trade theory, history, and political economy to explain the complex evolution of non-reciprocal trade preferences since the 1960s and their ambiguous impacts on export diversification and economic development in Sub-Saharan Africa. Lucidly written and well documented, this book is a crucial resource for policymakers and scholars alike."" —Stephen O'Connell, Swarthmore College ""An incisive analysis of how African countries have or have not benefited from non-reciprocal trade arrangements with the European Union, the US, and China. Mshomba shows clearly how, with the right domestic policies, African countries can benefit from these programs. But he also cautions countries against dependence on these arrangements, which are controlled by the preference-giving countries."" —Taufila Nyamadzabo, former Executive Director of Africa Group 1, World Bank Group"


"""'Trade, not aid' has become the banner slogan signaling donor fatigue among Western nations. Many nations have turned, instead, to non-reciprocal preferential trade agreements as a vehicle for promoting economic development in poorer countries. But have these agreements really worked? To what extent? And can they be made to work more effectively? Mshomba's cogent, accessible, and nuanced book offers persuasive answers to these questions.""—Michael Lofchie, UCLA ""An invaluable survey of the strengths and weaknesses of trade preference programs.While the benefits of these programs are not automatic, Mshomba makes crystal clear that sustained market access to the world's largest economies, through programs such as GSP and the African Growth and Opportunity Act, can be vital to Africa's prosperity.""—Witney Schneidman, Brookings Institution ""Mshomba draws on trade theory, history, and political economy to explain the complex evolution of non-reciprocal trade preferences since the 1960s and their ambiguous impacts on export diversification and economic development in Sub-Saharan Africa. Lucidly written and well documented, this book is a crucial resource for policymakers and scholars alike.""—Stephen O'Connell, Swarthmore College ""An incisive analysis of how African countries have or have not benefited from non-reciprocal trade arrangements with the European Union, the US, and China. Mshomba shows clearly how, with the right domestic policies, African countries can benefit from these programs. But he also cautions countries against dependence on these arrangements, which are controlled by the preference-giving countries.""—Taufila Nyamadzabo, former Executive Director of Africa Group 1, World Bank Group"


Author Information

Richard E. Mshomba is Professor Emeritus of Economics at La Salle University. Born and raised in Arusha, Tanzania, he is the author of Africa in the Global Economy (2000), Africa and the World Trade Organization (2009), and Economic Integration in Africa (2017).

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