Book contents
- African Perspectives on Trade and the WTO
- African Perspectives on Trade and the WTO
- Copyright page
- Contents
- Figures
- Plates
- Contributors
- Message
- Joint Foreword
- Book part
- Glossary
- Disclaimer
- 1 Introduction and Overview
- Part I The Future of the Multilateral Trading System: Perspectives from African Policy-Makers and Partners
- Part II Africa’s Participation in the Rules-Based Multilateral Trading System
- Part III Selected Development Experiences and Perspectives
- 15 Trade Rules, Industrial Policy and Competitiveness: Implications for Africa’s Development
- 16 WTO Accession Reforms and Competitiveness – Lessons for Africa
- 17 Driving Economic Growth through Trade Policy Reforms and Investment Attraction in the Open World Economy: The Experience of China
- 18 Conclusions
- Book part
- Index
- Plate Section (PDF Only)
- Book part
- References
16 - WTO Accession Reforms and Competitiveness – Lessons for Africa
from Part III - Selected Development Experiences and Perspectives
Published online by Cambridge University Press: 27 October 2016
- African Perspectives on Trade and the WTO
- African Perspectives on Trade and the WTO
- Copyright page
- Contents
- Figures
- Plates
- Contributors
- Message
- Joint Foreword
- Book part
- Glossary
- Disclaimer
- 1 Introduction and Overview
- Part I The Future of the Multilateral Trading System: Perspectives from African Policy-Makers and Partners
- Part II Africa’s Participation in the Rules-Based Multilateral Trading System
- Part III Selected Development Experiences and Perspectives
- 15 Trade Rules, Industrial Policy and Competitiveness: Implications for Africa’s Development
- 16 WTO Accession Reforms and Competitiveness – Lessons for Africa
- 17 Driving Economic Growth through Trade Policy Reforms and Investment Attraction in the Open World Economy: The Experience of China
- 18 Conclusions
- Book part
- Index
- Plate Section (PDF Only)
- Book part
- References
Summary
This chapter evaluates the impact on competitiveness of reforms undertaken by recently acceded countries and draws lessons for African countries pursuing the goal of becoming emerging economies. By comparing reform outcomes before and after accessions relative to control groups using the difference-in-difference evaluation method, the chapter concludes that the recently acceded members improved their international competitiveness, although the overall impact was relatively small and differed substantially across economies, economic sectors and time. African economies aspiring to become emerging economies could build on the experience of recently acceded countries by designing long-term reform agendas similar to the accession reform packages, locking them into a credible policy framework through a series of domestic and international agreements, frontloading reforms to gain credibility and persisting in their implementation, balancing short-term costs with long-term benefits and learning from Article XII peers who have gained substantial experience in managing complex reforms.
- Type
- Chapter
- Information
- African Perspectives on Trade and the WTODomestic Reforms, Structural Transformation and Global Economic Integration, pp. 369 - 405Publisher: Cambridge University PressPrint publication year: 2016