An Examination of the Role Female Traders Play in the Liberian Economy

Alvin Boye Dolo
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Alvin Boye Dolo: MBAs (Procurement And Supply Chain Management And Finance, Mcips (Level Iv), Cand. Cfe, Cert. Public Sector Finance, Cert. Criminal And Forensic Studies

Noble International Journal of Economics and Financial Research, 2021, vol. 6, issue 2, 44-55

Abstract: This study access the Investigation into the Involvement of Liberia Women in cross Border Trade at the Guinea Border with Liberia; 2014-2016.†The significance of the include: The research findings are of value to the various industries in the region that will have available information on the functions of the cross border trade. Government and policy makers. The study was carried out through a descriptive survey design. The target group for the purposes of this study was importers and exporters at border point. The study focused on female traders on the Liberia side of the border. The total population of the study is 500 registered female traders with a sample size of 70 respondents. The study used both primary and secondary data was used in this research. The study shows that 25 respondents representing 42% and all comprising of females in the study were between 30 – 39 years and another 16 respondents representing 26% and all comprising of female in the study were between 20– 29 years. The study shows that 30 respondents representing 50% in the study agreed that Liberia Females are involved in Traders at the border between Guinea and Liberia, 20 respondents representing 33% and all comprising of females in the study agreed that the involvement of Liberia Female Traders at the Liberian and Guinean has an impact on the development of trade at the Liberian and Guinean border. Base on the findings the researcher concludes that: The regional Governments have made considerable efforts in reducing the incentives to trade informally, by diminishing the costs of formal importing/ exporting; enhancing compliance levels with existing regulations; and improving trading opportunities and services for traders in the formal sector. The study recommends that: 1) Formulation of the Customs Management Act, the Customs Management Regulations outlining standard forms and fees payable across the region. 2) Simplifying and reducing documentation.

Keywords: CBT- Cross Border Trading; EAC- East African Communities; ICBT- Informal Cross Border Trade; NTBs - non-tariff burners; NTTB- Non-Tariff Trade Barriers (search for similar items in EconPapers)
Date: 2021
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