The African Continental Free Trade Area: Challenges and Possible Successes

Free trade agreements have been known to have numerous benefits, especially from an economic point of view, however, it has been argued that for them to be successful, they ought to be complemented by a conducive socio-economic –and by extension political environment. Regrettably, the African Contin...

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Autores principales: Mlambo, Victor H., Thusi, Xolani, Zubane, Sphephelo, Mlambo, Daniel N
Formato: Artículo
Idioma:Inglés
Publicado: 2022
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Acceso en línea:https://dialnet.unirioja.es/servlet/oaiart?codigo=8499507
Fuente:Latin American Journal of Trade Policy, ISSN 0719-9368, Vol. 5, Nº. 12, 2022 (Ejemplar dedicado a: Latin American Journal of Trade Policy: Vol 5 N° 12 (2022)), pags. 75-106
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dialnet-ar-18-ART00015383502022-07-02The African Continental Free Trade Area: Challenges and Possible SuccessesMlambo, Victor H.Thusi, XolaniZubane, SphepheloMlambo, Daniel NTradedevelopmentAfricasocio-economicComercio – Desarrollo – África – SocioeconómicoComercio – Desarrollo – África – SocioeconómicoFree trade agreements have been known to have numerous benefits, especially from an economic point of view, however, it has been argued that for them to be successful, they ought to be complemented by a conducive socio-economic –and by extension political environment. Regrettably, the African Continental Free Trade Area agreement (AfCFTA) arrived at a time when Africa was economically and politically unstable; conflict and economic insecurity have exacerbated the lack of development in the contintent. As a result of the above, this paper seeks to understand how African states will navigate their various economic and, by extension, political interests in the hope of contributing to the success of the AfCFTA. Finally, the paper will answer whether Africa is ready for a free trade agreement by employing a qualitative research approach and reviewing current literature.Se sabe que los acuerdos de libre comercio tienen numerosos beneficios, especialmente desde el punto de vista económico, sin embargo, se ha argumentado que para que tengan éxito, deben complementarse con un entorno socioeconómico y, por extensión, político propicio. Lamentablemente, en África, el acuerdo ACFTA llegó en un período de inestabilidad económica y política; los conflictos y la inestabilidad económica han agravado el desarrollo en el continente. Por lo tanto, dentro de la premisa de lo anterior, utilizando un enfoque de investigación cualitativa a través de la literatura de revisión, este artículo busca comprender cómo los estados africanos navegarán a través de sus diferentes intereses económicos y, por extensión, políticos con la esperanza de contribuir al éxito de la economía africana. Continental Free Trade Area, al final, el documento responderá si África está lista o no para un acuerdo de libre comercio.2022text (article)application/pdfhttps://dialnet.unirioja.es/servlet/oaiart?codigo=8499507(Revista) ISSN 0719-9368Latin American Journal of Trade Policy, ISSN 0719-9368, Vol. 5, Nº. 12, 2022 (Ejemplar dedicado a: Latin American Journal of Trade Policy: Vol 5 N° 12 (2022)), pags. 75-106engLICENCIA DE USO: Los documentos a texto completo incluidos en Dialnet son de acceso libre y propiedad de sus autores y/o editores. Por tanto, cualquier acto de reproducción, distribución, comunicación pública y/o transformación total o parcial requiere el consentimiento expreso y escrito de aquéllos. Cualquier enlace al texto completo de estos documentos deberá hacerse a través de la URL oficial de éstos en Dialnet. Más información: https://dialnet.unirioja.es/info/derechosOAI | INTELLECTUAL PROPERTY RIGHTS STATEMENT: Full text documents hosted by Dialnet are protected by copyright and/or related rights. This digital object is accessible without charge, but its use is subject to the licensing conditions set by its authors or editors. Unless expressly stated otherwise in the licensing conditions, you are free to linking, browsing, printing and making a copy for your own personal purposes. All other acts of reproduction and communication to the public are subject to the licensing conditions expressed by editors and authors and require consent from them. Any link to this document should be made using its official URL in Dialnet. More info: https://dialnet.unirioja.es/info/derechosOAI
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Latin American Journal of Trade Policy, ISSN 0719-9368, Vol. 5, Nº. 12, 2022 (Ejemplar dedicado a: Latin American Journal of Trade Policy: Vol 5 N° 12 (2022)), pags. 75-106
language
English
topic
Trade
development
Africa
socio-economic
Comercio – Desarrollo – África – Socioeconómico
Comercio – Desarrollo – África – Socioeconómico
spellingShingle
Trade
development
Africa
socio-economic
Comercio – Desarrollo – África – Socioeconómico
Comercio – Desarrollo – África – Socioeconómico
Mlambo, Victor H.
Thusi, Xolani
Zubane, Sphephelo
Mlambo, Daniel N
The African Continental Free Trade Area: Challenges and Possible Successes
description
Free trade agreements have been known to have numerous benefits, especially from an economic point of view, however, it has been argued that for them to be successful, they ought to be complemented by a conducive socio-economic –and by extension political environment. Regrettably, the African Continental Free Trade Area agreement (AfCFTA) arrived at a time when Africa was economically and politically unstable; conflict and economic insecurity have exacerbated the lack of development in the contintent. As a result of the above, this paper seeks to understand how African states will navigate their various economic and, by extension, political interests in the hope of contributing to the success of the AfCFTA. Finally, the paper will answer whether Africa is ready for a free trade agreement by employing a qualitative research approach and reviewing current literature.
format
Article
author
Mlambo, Victor H.
Thusi, Xolani
Zubane, Sphephelo
Mlambo, Daniel N
author_facet
Mlambo, Victor H.
Thusi, Xolani
Zubane, Sphephelo
Mlambo, Daniel N
author_sort
Mlambo, Victor H.
title
The African Continental Free Trade Area: Challenges and Possible Successes
title_short
The African Continental Free Trade Area: Challenges and Possible Successes
title_full
The African Continental Free Trade Area: Challenges and Possible Successes
title_fullStr
The African Continental Free Trade Area: Challenges and Possible Successes
title_full_unstemmed
The African Continental Free Trade Area: Challenges and Possible Successes
title_sort
african continental free trade area: challenges and possible successes
publishDate
2022
url
https://dialnet.unirioja.es/servlet/oaiart?codigo=8499507
_version_
1737362967077322752