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Regional Trade Arrangements in Africa

Regional Trade Arrangements in Africa

By Sanjeev Gupta & Yongzheng Yang Business & Personal Finance 20/09/2005

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 effectiveness of trade policy as a tool for poverty reduction and growth. This paper examines the record of RTAs in promoting trade and investment. It also explores policy measures that may help improve RTAs' performance.

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