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Indicators to monitor deeper regional trade integration in Africa (English)

Stronger regional integration has been a policy priority in Africa for several decades. Closer trade links with neighboring countries promise to stabilize food markets, enhance profitable exchanges in light manufactures, reduce consumer prices, and help develop regional production networks. However, the implementation of existing integration initiatives has often been lackluster, so that the economic development and poverty reduction potential from expanded intraregional trade has remained untapped. Markets remain fragmented by a range of barriers to trade and competition along the value chain of traded goods and services. Countries in Africa have committed to a process of deeper integration, but have made little progress in implementing commitments and removing barriers. This report looks at the monitoring of regional integration in Africa and argues that more effective monitoring processes for existing integration arrangements could help to raise the profile of the prevailing implementation deficits and provide policy makers and civil society with the necessary information to push for corrective action. Currently, most integration monitoring systems are scorecard-based compliance assessments. These processes are useful in determining which member countries have transposed their regional-level reform commitments into national law, but say little about changes in trade practices on the ground. Where outcome indicators are used, these generally are of an aggregate nature, such as measuring changes in the volume of intraregional trade, or focus on tariff liberalization, the original centerpiece of most regional trade agreements.

Details

  • Document Date

    2015/05/28

  • Document Type

    Working Paper

  • Report Number

    AUS7670

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Africa,

  • Region

    Africa,

  • Disclosure Date

    2015/06/03

  • Disclosure Status

    Disclosed

  • Doc Name

    Indicators to monitor deeper regional trade integration in Africa

  • Keywords

    general agreement on tariffs and trade;application of rules of origin;Automated System for Customs Data;Technical Barriers to Trade;implementation of policy reform;balance of payment data;small and medium enterprise;presence of natural persons;reduction in transaction cost;Micro and Small Enterprises;stakeholder need;intraregional trade;regional trade integration;monitoring indicator;certificate of origin;trade transaction costs;regional trade agreement;law and regulation;common external tariff;information on product;determinants of trade;types of indicator;foreign student;freedom of movement;impact on poverty;provision of infrastructure;perishable agricultural product;world trade growth;regional integration effort;Aid for Trade;regional integration initiative;implementation of commitments;regional integration policy;measure of trade;private sector involvement;cost of transport;global production chain;International Phone Call;effective monitoring system;Letter of Credit;transport service provider;acquired immunodeficiency syndrome;Human Immunodeficiency Virus;areas of tariff;role of development;customs clearance procedures;volume of trade;mutual recognition agreement;regional value chain;foreign direct investment;free trade area;repatriation of earnings;private sector operator;clearance of good;Trade and Transport;regional trade arrangement;trade policy reform;body of law;trade and transportation;degree of competition;trade datum;monitoring process;total trade;outcome monitoring;Health Service;trade costs;market regulation;aggregate indicator;competition authority;mystery shopping;Trade Logistics;outcome indicator;aggregate trade;border post;price difference;deep integration;global market;cost component;tariff line;national treatment;development partner;goods trade;regional production;trade route;Public-Private Partnership;corridor performance;export license;gross exports;transport operator;market integration;trade volume;donor support;informal payment;cost measurement;medical degree;world market;regional market;price information;products export;education service;insurance companies;cross-border trade;regulatory barrier;market access;integration measures;Education Services;tariff reduction;national legislation;civil society;common market;axle load;tariff liberalization;market cost;informal trader;business license;regional cost;governance challenge;service access;license requirement;market level;subsidiary right;border officials;harmonized system;technical inspection;regional priority;target indicator;administrative capacity;integration agreements;foreign ownership;official statistic;supply chain;production network;manufacturing export;border regions;informal markets;technical standard;seed varieties;manufacturing good;employment creation;export value;administrative support;telecommunications authority;trade finance;customs information;market price;trade activity;price drop;survey research;logistics function;supply constraint;trade flow;comparable indicator;river infrastructure;crop failure;indirect approach;crowd sourcing;merchandise trade;survey techniques;domestic banking;maize price;customs agency;trade impediment;data requirement;market supply;Trade Policies;licensing system;resolution mechanism;International Trade;corrective action;transport operation;homogeneous good;business account;foreign fund;micro enterprise;removing barriers;traded goods;contingent trade;consumer price;measuring change;regulatory constraint;food market;tariff peaks;trade links;regional preferences;reduce trade;survey methodology;positive outcome;simple average;tradable good;destination country;policy priority;trade corridors;policy target;international market;cross-country comparison;staple food;export product;trade price;global trade;regional price;steel tube;global employment;exporting firms;trade initiatives;landlocked country;savings account;economic infrastructure;productive capacity;regional food;accounting service;price control

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Citation

Indicators to monitor deeper regional trade integration in Africa (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/432831468191348168/Indicators-to-monitor-deeper-regional-trade-integration-in-Africa