Twenty-first century Africa is in a process of economic transformation, but challenges remain in areas such as structural reform, governance, commodity pricing and geopolitics. This book looks into key questions facing the continent, such as how Africa can achieve deeper integration into the rules-based multilateral trading system and the global economy. It provides a range of perspectives on the future of the multilateral trading system and Africa's participation in global trade and underlines the supportive roles that can be played by multilateral and regional institutions during such a rapid and uncertain transition. This volume is based on contributions to the Fourth China Round Table on WTO Accessions and the Multilateral Trading System, which took place just before the World Trade Organization's Tenth Ministerial Conference in Nairobi in December 2015.
Patrick Low is a visiting professor at The University of Hong Kong and a fellow at the Asian Global Institute. He was formerly Chief Economist at the World Trade Organization and previously worked at the GATT Secretariat. Ambassador Chiedu Osakwe is Trade Advisor to the Honorable Minister and Chief Negotiator for the Federal Ministry of Industry, Trade and Investment, Nigeria, while he is on special leave from the World Trade Organization. In the WTO, he has worked as director of various divisions for many years, including most recently as Director of the Accessions Division. Maika Oshikawa is Officer in Charge of the Accessions Division of the World Trade Organization, having served in various divisions within the WTO Secretariat, including most recently as Head of the Asia Pacific Desk in the Institute for Training and Technical Cooperation.
1. Introduction and overview Patrick Low, Chiedu Osakwe and Maika Oshikawa; Part I. The Future of the Multilateral Trading System: Perspectives from African Policy-Makers and Partners: 2. African Union priorities in the WTO Fatima Haram Acyl; 3. Economic diversification in Africa's number one economy Okechukwu E. Enelamah; 4. Trade, investment and development Rob Davies; 5. Integration into regional and global value chains - how is it done? Joshua Setipa; 6. From Marrakesh to Nairobi: a force for the world trading system: from the past twenty years to the next twenty years Moulay Hafid El Alamy; 7. Building capacity in Africa to facilitate integration into global value chains: contributions from the ITC Arancha Gonzalez; 8. Investment and trade rules: increasing the stock of African foreign direct investment flows Joakim Reiter; 9. Deepening African integration: intra-African trade for development and poverty reduction Anabel Gonzalez; Part II. Africa's Participation in the Rules-Based Multilateral Trading System: 10. Rising Africa in world trade? A story of traditional commodities and new products Michael Finger; 11. Trade policy trends in Africa: empirical evidence from twenty years of WTO trade policy reviews Maika Oshikawa, Ukamaka Anaedu and Vicky Chemutai; 12. Preferential trade agreements in Africa: lessons from the tripartite free trade agreements and an African continent-wide FTA Stephen Karingi, Ottavia Pesce and Simon Mevel; 13. African trade integration and international production networks Bernard Hoekman; 14. Implementing trade facilitation reform in Africa Marcus Bartley Johns, Christina Busch and Gerard McLinden; Part III. Selected Development Experiences and Perspectives: 15. Trade rules, industrial policy and competitiveness: implications for Africa's development Chiedu Osakwe; 16. WTO accessions, reforms and competitiveness: lessons for Africa Alexei P. Kireyev; 17. Driving economic growth through trade policy reforms and investment attraction in the open world economy: the experience of China Yuan Yuan; 18. Conclusions Patrick Low, Chiedu Osakwe and Maika Oshikawa.