Africa's export prospects : the Uruguay round and beyond

Abstract

This paper examines the various factors that contributed to Africa's loss of competitiveness and evaluate the potential for future export growth in light of recent developments in the Uruguay round of multilateral trade negotiations. Section two examines both the endogenous and exogenous factors which contributed to Africa's declining share in world trade. Section three explores the implications for Africa resulting from the formation of economic-cum-trading blocks. Section four evaluates the potential impact on Africa's external trade stemming from the expected conclusion of the Uruguay Round of GATT negotiations. Finally, section five ventures some conclusions from the preceding analysis.