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The second annual Africa Agriculture Trade Monitor assesses emerging and long-term trends and drivers shaping Africa’s trade in agricultural products and evaluates the possible impacts of current trade tensions. The 2019 report focuses on intraregional trade and competitiveness, with chapters on measuring regional trade integration and competitiveness of agriculture, a feature chapter on the potential impact of global trade tensions, and an in-depth look at trade integration in the Eastern and Southern Africa region.
The 2020 Africa Agriculture Trade Monitor, the third in this series of flagship reports, presents an overview of trade in agriculture products in Africa and highlights the main impediments that affect intra- and extra-African trade. This year’s report includes chapters focusing on intra-Africa trade integration for agricultural products, including the role of nontariff measures, and on the competitiveness of African value chains that are crucial for food security (cereals, sugar, vegetable oils). The importance and measurement of informal cross-border trade for agricultural products is also examined. The final chapter looks at regional integration experiences in Southern Africa, with a focus on the Southern Africa Development Community. The report offers policy recommendations for improving agricultural exports performance, especially in the context of the unprecedented uncertainty the world is facing with the COVID-19 pandemic.
Informal cross-border trade (ICBT) represents a prominent phenomenon in Africa. Several studies suggest that for certain products and countries, the value of informal trade may meet or even exceed the value of formal trade. This paper provides a review of existing efforts to measure informal trade. We list 18 initiatives aimed at measuring ICBT in Africa. The paper also summarizes discussions conducted with many stakeholders in Africa between December 2016 and May 2018 regarding the measurement, the determinants, and the implications of ICBT. The methodologies used to measure ICBT in Africa differ widely, but they do confirm that informal trade in Africa is both sizeable and volatile. Both evidence on the determinants of ICBT and discussions with stakeholders suggest that policies should aim to reduce the existing costs associated with formal trade and provide positive incentives for traders and producers to move into the formal economy in order to avoid the loss of economic potential stemming from informal trade.
Does smuggling improve economic welfare? This paper provides a theoretical model of illegal trade and determines the impact of smuggling on economic welfare. We focus on Costa Rica's recent prohibition of avocados imported from Mexico. Using unique data on trade, production, and the price of Costa Rican and Mexican avocados, we find that the quantity of avocados smuggled into Costa Rica on an annual basis ranges from 4,668 to 10,232 metric tons, representing up to four times the quantity of locally produced avocados. Furthermore, we demonstrate that smuggling is necessarily welfare-improving compared to the ``no-smuggling situation''. Compared to the ``free-trade situation'', smuggling does ...
Now in its fourth edition, this successful introduction to international marketing has been thoroughly revised, updated and developed throughout to reflect the most recent developments in today’s dynamic business environment. Contemporary, engaging and accessible, International Marketing is essential reading for the aspiring practitioner. You will discover: •The importance of international marketing to creating growth and value •The management practices of companies, large and small, seeking market opportunities outside their home country •Why international marketing management strategies should be viewed from a global perspective •The role of emerging economies in today’s busine...