Economic Cooperation and Partnerships
Publications on economic growth, development, and initiatives to deepen regional economic integration.
Issues in this Series
U.S.-African trade relations have reached an historic turning point. African markets are growing at unprecedented rates,and opportunities for increased tradeand investment are on the rise. While challenges remain, working in partnership with Africa’s leaders and the private sector can open the door for widespread commercial growth and economic development. The U.S. has a critical role to play in unlocking this dynamic future potential and must act now.
On his 3-nation, 5-day visit to Africa, U.S. President Barack Obama, undoubtedly, re-energized the U.S. – Africa commercial relationship. Unlike past visits by American leaders, Obama neither dwelled on HIV/AIDS, political instability nor the inadequacy of governance. Instead, trade and investment were front and center; economic challenges were addressed.
This is an ambitious but realistic & practical way to enhance AGOA by not just ensuring prompt and seamless renewal of U.S. market access provisions for African imports, but also promoting a level playing field for U.S. investment in Africa and encouraging American participation in sub Saharan Africa’s regional infrastructural development.
The Trans - Atlantic South Partnership: Positions on Building a Mutually Beneficial Partnership with Africa
It is very simple. Until the U.S. is as optimally invested, or doing business as briskly as the Chinese, the EU, Indians, Brazilians or Vietnamese; the world’s largest economy can neither expand its commercial footprint in Africa nor make a portentous impact on the lives of over a billion Africans.
This paper is specifically about providing suggestions for positions the AU can take vis-a-vis the European Union’s Economic Partnership Agreements (EPAs). Central is an urgent call for member states to give the AU latitude to ensure that the conclusion of EPAs with the EU is postponed until, at least, the next decade. Simply: If the EU successfully foists EPAs on a critical number of member states through unilateral threats to prematurely withdraw or limit preferential treatment, the negative consequences will be devastating not only to Africa but to many trading partners.
Beyond AGOA: An Updated Case for a Trans - Atlantic Trade & Investment Partnership Between Africa & The United States
In this paper, McDonald, Lande & Matanda argue that, premised on conditions here in the U.S., in Africa and elsewhere, the ‘perfect storm’could be brewing for an effective renewal or enhancement of AGOA before the program expires in 2015.
U.S. policy toward Africa has been on autopilot for much of the past four years, following a laundry list of good intentions that established priorities for Africa’s well-being and U.S. security interests. However, a truly sustainable and forward-looking U.S. policy toward Africa should refocus attention on Africa’s opportunity as an economic powerhouse of the future, a strategy that combines both domestic self-interest and an opportunity to help Africa move forward.
This paper is intended to promote discussion as to the role that trade can play in speeding development in Africa and the possible steps that can be taken to enable Africa to participate more fully in the global market. It does not cover all the barriers to expanding trade by African countries. Other important topics – notably infrastructure, especially ports and roads, and corruption – are discussed in other conference papers. It also does not include issues that are not directly related to trade and which can only be dealt with in the longer term, such as improved health and education, which were critical components of the success of the Asian “tigers”.
The Woodrow Wilson International Center for Scholars (Wilson Center) sponsored a congressional study trip to Ghana and Liberia from March 20 to March 26, 2011. It was organized by Wilson Center on the Hill and the Africa Program at the Wilson Center. This trip was funded by the William and Flora Hewlett Foundation.