1. Trade Liberalization and Economic Development: Lessons for Africa
- Author:
- Henri Kouam and Fabien Sundjo
- Publication Date:
- 01-2022
- Content Type:
- Working Paper
- Institution:
- The Nkafu Policy Institute
- Abstract:
- What happens when countries lower their tariff & import duties and open up their economy to other countries? This policy brief looks at the impact of trade liberalization on economic development, drawing from broad-based international literature. It shows how free trade can positively impact economic development, boost incomes, and improve standards of living. The African Continental Free Trade Area will stimulate intra-regional trade and help countries like Cameroon address acute development challenges. However, the expected positive results will depend on its successful implementation.
- Topic:
- Development, Economics, Regional Cooperation, Trade Liberalization, Trade, Economic Development, and Liberalism
- Political Geography:
- Africa