Making the Most of Aid: Challenges for Africa's Agribusiness

Aid and trade policies – in OECD countries and in developing countries – might reinforce each other to promote development, or they might be substitutes: the sign of the correlation between trade and aid flows depends on the context. East Asia’s rapid growth demonstrates the important development im...

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Detalles Bibliográficos
Autor principal: Dayton-Johnson, Jeff (-)
Otros Autores: Fukasaku, Kiichiro
Formato: Capítulo de libro electrónico
Idioma:Inglés
Publicado: Paris : OECD Publishing 2008.
Colección:OECD Development Centre Policy Briefs, no.36.
Materias:
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009706559106719
Descripción
Sumario:Aid and trade policies – in OECD countries and in developing countries – might reinforce each other to promote development, or they might be substitutes: the sign of the correlation between trade and aid flows depends on the context. East Asia’s rapid growth demonstrates the important development impact of the trade-aid link. While aid has played a strong complementary role for trade development in Viet Nam, for example, the current impasse of African cotton producers is emblematic of trade and aid policies working at cross purposes. The experience of six African countries reviewed in this brief highlights the case for development assistance that aims to eliminate bottlenecks preventing a greater and deeper African participation in the global trading system. The scaling-up of aid, macroeconomic stability and trade expansion are compatible and the ongoing international “aid for trade” initiative will remain critically relevant for African development in the coming decades.
Descripción Física:1 online resource (45 p. )