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Sub-Saharan Africa: Forging New Trade Links With Asia

Author Sanjeev Gupta, Ulrich Jacoby, Kevin Carey
Publisher Intl Monetary Fund
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Book Details
ISBN / ASIN1589066677
ISBN-139781589066670
Sales Rank7,371,891
MarketplaceUnited States 🇺🇸

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.