Sub-Saharan Africa
Subtitle: forging new trade links with Asia
By: Kevin Carey, Sanjeev Gupta, and Ulrich Jacoby.
Contributors: Jacoby, Ulrich.; Gupta, Sanjeev.
Publisher: International Monetary Fund
Published: 2007
Place of publication: Washington, DC
Language: eng
Number of pages: 55
ISBN-13: 9781589066670
Subjects: Africa, Sub-Saharan -- Foreign economic relations -- Asia; Asia -- Foreign economic relations -- Africa, Sub-Saharan; Africa, Sub-Saharan -- Economic conditions
Other titles: Forging new trade links with Asia
Description: What is the impact on trade in sub-Saharan Africa of the recent rapid growth in China and other Asian countries, and the associated commodity price boom? This paper looks at how trading patterns (both destinations and composition) are changing in sub-Saharan Africa. Has the region managed to diversify the products it sells from commodities to manufactured goods? Has it expanded the range of countries to which it exports? And what about the import side? The time is ripe for sub-Saharan Africa to climb up the value chain of its commodity-based exports and to aim at an export surge based on labor-intensive manufacturing.
Notes: Includes bibliographical references (p. 51-55).
Table of contents: title: Evolution of Sub-Saharan African trade patterns through 2005; title: Benchmarking Sub-Saharan African trade performance; title: Making trade and engine of development.