Skip navigation

Publications & Research :: Policy Research Working Paper

Unrestricted Market Access for Sub-Saharan Africa : How Much Is It Worth and Who Pays?

ADMINISTRATIVE PROCEDURES AGGREGATE EXPORTS AGGREGATE IMPORTS AGGREGATE SUPPLY AGRICULTURAL COMMODITIES AGRICULTURAL EXPORTS AGRICULTURAL MARKETS AGRICULTURAL PRODUCTS AGRICULTURAL PROTECTION AGRICULTURAL SUBSIDIES AGRICULTURAL TRADE AGRICULTURE APPAREL APPAREL SECTOR APPLIED TARIFF BARLEY BILATERAL TRADE CD COMPARATIVE ADVANTAGE COMPETITIVE MARKETS CONSTANT RETURNS TO SCALE CONSUMER SURPLUS CONSUMERS COUNTRY MARKETS DEVELOPED COUNTRIES DIRECT TRANSFERS DIVERSION OF EXPORTS DOMESTIC INDUSTRY DOMESTIC MARKET DUTY FREE ECONOMIC GROWTH ECONOMIC THEORY ELASTICITIES ELASTICITY ELASTICITY OF SUBSTITUTION EQUILIBRIUM EXCESS SUPPLY EXPORT MARKET EXPORT MARKETS EXPORT QUANTITIES EXPORT SUPPLY EXPORTERS EXPORTS FISH FISHING FOREIGN DIRECT INVESTMENT FORESTRY FREE ACCESS FULL LIBERALIZATION GDP GDP PER CAPITA GENERAL EQUILIBRIUM MODEL GLOBAL TRADE GLOBAL TRADE ANALYSIS HIGH TARIFFS IMPORT TARIFFS INCOME INDUSTRIAL PRODUCTS INDUSTRIAL SECTOR LDCS LEGISLATION MARKET ACCESS MERCHANDISE MERCHANDISE EXPORTS MULTILATERAL TRADE NATURAL RESOURCES NET EXPORTER OIL OIL EXPORTS PREFERENTIAL ACCESS PREFERENTIAL MARGIN PREFERENTIAL MARKET ACCESS PRIVATE CONSUMPTION PRODUCERS PRODUCT DIFFERENTIATION PROTECTION DATA RESTRICTIVE RULES OF ORIGIN RULES OF ORIGIN SAVINGS SERVICE EXPORTS SERVICES EXPORTS TARIFF BARRIERS TARIFF DATA TARIFF EQUIVALENTS TARIFF PREFERENCES TARIFF RATES TARIFF REDUCTION TARIFF REVENUE TAX REVENUES TOTAL FACTOR PRODUCTIVITY TRADE ASSISTANCE TRADE CREATION TRADE DIVERSION TRADE FLOWS TRADE NEGOTIATIONS TRADE POLICY TRADE PREFERENCES UTILITY FUNCTION VALUE ADDED WELFARE GAINS WELFARE LOSSES
65
0

Attachments [ 0 ]

There are no files associated with this item.

More Details

World Bank, Washington, DC
Africa
2014-08-26T15:20:13Z | 2014-08-26T15:20:13Z | 2001-04

The European Union (EU), Japan, and the United States (US) have recently announced initiatives to improve market access for the poorest countries. The authors assess the impact on Sub-Saharan Africa of these initiatives, and others that might be taken. They find that fully unrestricted access to all the Quad countries (Canada, The EU, Japan, and the US) would produce substantial gains for Sub-Saharan Africa, leading to a fourteen percent increase in non-oil exports ($ 2.5 billion), and boosting real incomes by about one percent ($ 1.8 billion). Most of these gains would come from preferential access to the highly protected Japanese, and European agricultural markets, especially the heavily protected Japanese market for meat, and certain cereal grains. The smallness of Sub-Saharan Africa's trade ensures that the costs of trade diversion for the Quad, other developing countries, and the world, would be on the whole, negligible. One concern, however, is that preferential access to protected markets might lead Sub-Saharan Africa to produce goods in which it does not have a global comparative advantage, and the future erosion of these preferences might lead to adjustment costs.

Comments

(Leave your comments here about this item.)

Item Analytics

Select desired time period