Friday , May 29 2020
Home / Project Syndicate / How Africa’s Economies Can Hedge Against COVID-19

How Africa’s Economies Can Hedge Against COVID-19

Summary:
The African Continental Free Trade Area will help dismantle tariff and non-tariff barriers amid a pandemic and global recession. Accelerating Africa’s economic integration will cushion its fragile economies and help turn the continent into the world’s largest common market. JOHANNESBURG – In 2018, 44 countries signed the African Continental Free Trade Area at an extraordinary summit in Kigali. There are now 54 signatories. The agreement will create a tariff-free economic environment to spur business growth, boost intra-continental trade, spark industrialization, and create jobs. To mitigate the economic fallout from COVID-19, African Union (AU) member countries and the continent's institutions should implement the

Topics:
Ibrahim Assane Mayaki considers the following as important:

This could be interesting, too:

Rick Davis writes 1Q 2020 GDP Estimate Revised Lower

Paul Krugman writes On the Economics of Not Dying

Menzie Chinn writes The Hill: “White House to forgo summer economic forecast amid COVID-19, breaking precedent”

Tyler Cowen writes *The Puzzle of Prison Order*

The African Continental Free Trade Area will help dismantle tariff and non-tariff barriers amid a pandemic and global recession. Accelerating Africa’s economic integration will cushion its fragile economies and help turn the continent into the world’s largest common market.

JOHANNESBURG – In 2018, 44 countries signed the African Continental Free Trade Area at an extraordinary summit in Kigali. There are now 54 signatories. The agreement will create a tariff-free economic environment to spur business growth, boost intra-continental trade, spark industrialization, and create jobs. To mitigate the economic fallout from COVID-19, African Union (AU) member countries and the continent's institutions should implement the AfCFTA swiftly.

Leave a Reply

Your email address will not be published. Required fields are marked *