Sub-Saharan Africa can boost annual GDP by US $15 billion if time in customs clearance is cut by 50%, and add another US $20 billion by improving transport infrastructure. This paper outlines policy options to dramatically increase export growth. It recommends that sub-Saharan African countries focus on Asian and African markets and at the same time integrate deeper into value-chains, increasing the share of semi-processed and processed goods. It also recommends investing in trade-related infrastructure; and trade facilitation within Africa, as well as with Asia. The report outlines options and strategies to support these recommendations.Connecting sub-Saharan Africa with emerging markets to boost export-led growth. A study on emerging value chains and policy options for sub-Saharan Africa to maximize trade-related economic growth.
Publication Date: 09 Oct. 2012
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