Skip to main content Accessibility help
×
Hostname: page-component-76fb5796d-9pm4c Total loading time: 0 Render date: 2024-04-28T09:29:11.823Z Has data issue: false hasContentIssue false

16 - WTO Accession Reforms and Competitiveness – Lessons for Africa

from Part III - Selected Development Experiences and Perspectives

Published online by Cambridge University Press:  27 October 2016

Patrick Low
Affiliation:
The University of Hong Kong
Chiedu Osakwe
Affiliation:
World Trade Organization, Geneva
Maika Oshikawa
Affiliation:
World Trade Organization, Geneva
Get access

Summary

Abstract

This chapter evaluates the impact on competitiveness of reforms undertaken by recently acceded countries and draws lessons for African countries pursuing the goal of becoming emerging economies. By comparing reform outcomes before and after accessions relative to control groups using the difference-in-difference evaluation method, the chapter concludes that the recently acceded members improved their international competitiveness, although the overall impact was relatively small and differed substantially across economies, economic sectors and time. African economies aspiring to become emerging economies could build on the experience of recently acceded countries by designing long-term reform agendas similar to the accession reform packages, locking them into a credible policy framework through a series of domestic and international agreements, frontloading reforms to gain credibility and persisting in their implementation, balancing short-term costs with long-term benefits and learning from Article XII peers who have gained substantial experience in managing complex reforms.

Type
Chapter
Information
African Perspectives on Trade and the WTO
Domestic Reforms, Structural Transformation and Global Economic Integration
, pp. 369 - 405
Publisher: Cambridge University Press
Print publication year: 2016

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Albouy, D. (2011), ‘Program Evaluation and the Difference in Difference Estimator’. Berkeley University, Mimeo.Google Scholar
Attanasio, O., Meghir, C. and Santiago, A. (2012), ‘Education Choices in Mexico: Using a Structural Model and a Randomized Experiment to Evaluate PROGRSA’, Review of Economic Studies 79(1):3766.CrossRefGoogle Scholar
Dadush, U., and Osakwe, C. eds. (2015), WTO Accessions and Trade Multilateralism. Case Studies and Lessons from WTO at Twenty, World Trade Organization, Cambridge University Press.Google Scholar
Farole, T., Reis, J. and Wagle, S. (2010), ‘Analyzing Trade Competitiveness: a Diagnostics Approach’, World Bank Policy Research Working Paper Series, 2010 (1).Google Scholar
Imbens, G., and Wooldridge, J. (2009), ‘Recent Developments in the Econometrics of Program Evaluation’, Journal of Economic Literature 47(1):586.CrossRefGoogle Scholar
International Monetary Fund (IMF) (2014), ‘The Diversification Toolkit: Export Diversification and Quality Databases’. Online resource: www.imf.org/external/np/res/dfidimf/diversification.htmGoogle Scholar
International Monetary Fund (IMF) (2015), ‘Dealing with the Gathering Clouds.’ Regional Economic Outlook. IMF, Washington, DC, www.imf.org/external/pubsGoogle Scholar
Lechner, M. (2011), ‘The Estimation of Causal Effects by Difference-in-Difference Methods’, Foundations and Trends in Econometrics 4(3):165224.CrossRefGoogle Scholar
Li, D., and Wu, C. (2004), ‘GATT/WTO Accession and Productivity’, Growth and Productivity in East Asia, NBER-East Asia Seminar on Economics, Vol. 13, University of Chicago Press.Google Scholar
Subramanian, A., and Wei, S. (2007), ‘The WTO promotes trade, strongly but unevenly’, Journal of International Economics 72(1):151–75.CrossRefGoogle Scholar
Tang, M., and Wei, S. (2009), ‘The Value of Making Commitments Externally: Evidence from WTO Accessions’, Journal of International Economics 78:216–29.CrossRefGoogle Scholar
Todd, P., and Wolpin, K. (2006), ‘Assessing the Impact of School Subsidy Program in Mexico: Using a Social Experiment to Validate a Dynamic Behavioural Model of Child Schooling and Fertility’, American Economic Review 96(5):1384–417.CrossRefGoogle ScholarPubMed
Todd, P., and Wolpin, K. (2008), ‘Ex Ante Evaluation of Social Programs’, Annales d’Economie et de Statistique 91/92: 263–91.Google Scholar
World Trade Organization (WTO) (1999), The Results of the Uruguay Round of Multilateral trade Negotiation: Legal Texts. Cambridge University Press.Google Scholar
World Trade Organization (WTO) (2015a), Director General’s Annual Report on Accessions, WTO official document n° WT/ACC/25.Google Scholar

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×