ABSTRACT

Providing the first book-length analysis of the African Continental Free Trade Area (AfCFTA), this volume asks how can it be ensured that the AfCFTA is effectively implemented to deliver inclusive trade in Africa.

The African Continental Free Trade Area (AfCFTA) will cover an African market of 1.2 billion people and GDP of over $2.5 trillion, across all 55 member States of the African Union. Yet, trade policy increasingly appreciates that free trade is not enough; trade must also be inclusive to deliver developmental benefits. With contributions from leading trade policy authors across Africa and beyond, this book offers insights into the development and implementation of the AfCFTA and serves as a reference for stakeholders interested in trade in Africa more broadly. The contributors assess what important lessons can be drawn from the experiences of regional integration in and beyond Africa, including from success stories like ASEAN as well as from failures like the Free Trade Agreement of the Americas.

An important new work for researchers and policymakers focusing on African trade and economic policy, and trade policy more generally.

chapter |4 pages

Introduction

Bringing about inclusive trade in Africa with the African Continental Free Trade Area 1

part I|54 pages

Lessons learned from regional integration in Africa and beyond

chapter 3|14 pages

The failure of the Free Trade Area of the Americas

A cautionary tale for the African Continental Free Trade Area

chapter 4|18 pages

ASEAN at 50 and beyond

part II|98 pages

Implementing a “win-win” AfCFTA

chapter 6|33 pages

AfCFTA, value chains and overlapping origin regimes

A complementarity assessment along a segment of the copper value chain in Africa

chapter 8|13 pages

The AfCFTA in a changing trade landscape

Rise of the emerging market economies and the persistence of African export dependency

chapter 9|18 pages

Regional Aid for Trade in Africa

A catalyst for economic integration and development