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Africa in the Global Economy

Richard E. Mshomba
Africa in the Global Economy
ISBN: 978-1-55587-443-8
$26.50
2000/246 pages/LC: 99--051382

"This timely and lucid book by a Tanzanian academic examines major issues affecting sub-Saharan African trade.... Straight talk from an African perspective."—Foreign Affairs

"In this thoughtful book, Richard Mshomba takes a fresh look at Africa's place in the world economy."—African Studies Newsletter

"An important contribution to the study of international trade in sub-Saharan Africa.... Mshomba provides invaluable insight.... This valuable book is highly recommended."—Choice

"This fine book fills a real gap in the literature on African trade policy and performance. Mshomba integrates an accessible but rigorous analytical discussion with a wealth of well-organized data and case material. The result is an unusual combination, highly recommended both for scholars and for assignment in undergraduate courses."—Stephen A. O'Connell, Swarthmore College

DESCRIPTION

Choice Outstanding Academic Book!

This in-depth analysis of the role of international trade in Africa focuses on four central issues: the trade policies of the sub-Saharan African countries; the impact of GATT and its successor, the World Trade Organization; the impact of specific GATT/WTO agreements; and the viability of regional economic integration as a strategy for trade and development.

Mshomba combines rigorous theoretical analysis with an empirical approach that gives attention to the experiences of individual countries and particular institutional settings. Avoiding generalizations, he identifies the winners and losers resulting from various policy decisions. In his concluding discussion, he tackles the controversial question of whether international trade is a barrier to development in Africa or, instead, has the potential to raise the standard of living on the continent.

ABOUT THE AUTHOR

Richard E. Mshomba is associate professor of economics at La Salle University.

CONTENTS

  • Introduction.
  • Trade-Related Policies.
  • The Generalized System of Preferences.
  • Two GATT Agreements: Agriculture, and Textiles and Clothing.
  • International Commodity Agreements.
  • Regional Economic Integration.
  • Conclusion.