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The African Continental Free Trade Area: Economic and Distributional Effects [1]

The African Continental Free Trade Area (AfCFTA) presents a major opportunity for African countries to bring 30 million people out of extreme poverty and to raise the incomes of 68 million others who live on less than $5.50 per day. With the implementation of AfCFTA, trade facilitation measures that cut red tape and simplify customs procedures would drive $292 billion of the $450 billion in potential income gains. Implementing AfCFTA would help usher in the kinds of deep reforms necessary to enhance long-term growth in African countries.

[2]

Publication Date: 
28/07/2020
World Bank [3]
Tags:
Africa [4], Economy [5], Poverty [6], Employment [7]

Technology Partners: MimirTech

Source URL: http://admin.indiaenvironmentportal.org.in/reports-documents/african-continental-free-trade-area-economic-and-distributional-effects

Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/african-continental-free-trade-area-economic-and-distributional-effects
[2] http://www.indiaenvironmentportal.org.in/files/file/TheAfrican-Continental-Free-Trade-Area.pdf
[3] http://admin.indiaenvironmentportal.org.in/category/publisher/world-bank-0
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/africa
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/economy
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/poverty
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/employment