Introduction: Increasing Dynamics and the New Trading Ecosystem for the South

Gbadebo Odularu ()
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Gbadebo Odularu: Centre for Research on Political Economy (CREPOL)

A chapter in Negotiating South-South Regional Trade Agreements, 2017, pp 1-7 from Springer

Abstract: Abstract As a result of the June 2016 referendum, 52 % of Britons voted to leave the European Union (EU) as a right under Article 50 of the EU Treaty. This political and socio-economic development in the global North has far-reaching implication for both North–South trade relations and South–South (S–S) regional trade agreements (RTAs). Brexit and its aftermath demonstrate the importance role that S–S RTAs could play in creating markets, jobs, and wealth in Africa. However, there is a need to take a critical review of economically functional S–S RTAs tools and approaches that can inform the development of higher impact and more scalable initiatives towards transforming African economies. This ten-chapter book provides a comprehensive analysis of the South–South regional trade issues, with special focus on sustainably fostering Africa’s regional trade agenda. It also provides an innovative analysis of Africa’s RTAs from a bilateral trade perspective, thereby emphasizing the need for Africa to go beyond its focus on the trade of competitive goods towards reflecting the counterparts’ markets or growth potentials in RTAs negotiation strategies. Lastly, it discusses the contributions of S–S RTAs towards enhancing regional integration and economic expansion in Africa in particular, and the South in general.

Keywords: South–South Regional Trade Agreements (RTAs); Trade facilitation; Multilateral trade agreements; Africa; Economic policy (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:spr:aaechp:978-3-319-45569-3_1

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DOI: 10.1007/978-3-319-45569-3_1

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