Trade in the WAEMU : developments and reform opportunities /

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Bibliographic Details
Author / Creator:Goretti, Manuela, author.
Imprint:Washington, D.C. : International Monetary Fund, 2008.
Description:1 online resource (24 pages) : illustrations
Language:English
Series:IMF working paper ; WP/08/68
IMF working paper ; WP/08/68.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12496731
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Other authors / contributors:Weisfeld, Hans, author.
International Monetary Fund. African Department.
ISBN:1282448196
9781282448193
Notes:Includes bibliographical references (pages 23-24).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
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Print version record.
Summary:This paper provides an overview of trade reform in the West African Economic and Monetary Union (WAEMU) since 1996 and a quantitative assessment of potential effects on trade patterns and tariff revenue of the current reform agenda. Despite evidence of significant trade complementarities within WAEMU, implementation of the union's current trade regime still suffers from persistent non-tariff barriers and administrative weaknesses. Based on an assessment of prospects for further trade integration, the paper also recommends strengthening the implementation of the present tariff union and supports the plan to extend it to all ECOWAS members. Finally, the paper stresses that an Economic Partnership Agreement with the EU could bring to the region the political momentum needed to address the weaknesses of the current trade regime, while also underlining the corresponding challenges in terms of trade diversion and tariff revenue losses.
Other form:Print version: Goretti, Manuela. Trade in the WAEMU. Washington, D.C. : International Monetary Fund, 2008
Table of Contents:
  • A. WAEMU Trade Characteristics; Figures; 1. Trade Balances; 2. Oil Trade Balances of WAEMU Countries; 3. WAEMU: Export Performance by Product; 4. Composition of WAEMU Trade with Various Partners; 5. Intraregional Trade: WAEMU and Other Selected Regional Groups; B. The Current Trade Regime; Tables; 1. WAEMU: Sources of Imports and Tariff Revenue by Import Tariff Band; 2. WAEMU: Sources of Imports and Tariff Revenue by Product Type; 3. Actual and Expected WAEMU Tariff Receipts; 4. Factor Costs in the WAEMU; Boxes; 1. Deficiencies in the Transport and Transit System: The Case of Benin.
  • 5. Doing Business Survey, 2006: Trading Across Borders2. Implementation of the Trade Regime: The Case of Mali; C. Prospects for Enhancing Intraregional Trade; D. Prospects for Enhancing Trade with Countries Outside the Region; 6. Trade Complementarity Index in the WAEMU; 7. Trade Complementarity Index in the ECOWAS; 8. Introduction of the ECOWAS CET: Scenario for Tariff Receipts in WAEMU; 3. Potential Impact of the EU-ECOWAS EPA on Togo; 9. Impact of an EPA with the EU: Scenario for Tariff Receipts in the WAEMU; 10. WAEMU: Expected Revenue Loss from an EPA; References.