Since the early 1990s, many countries in sub-Saharan Africa have made significant progress in opening their economies to external competition through trade and currency liberalization. This paper analyzes trade and policy developments for 22 countries in eastern and southern Africa, looks at regional and multilateral integration issues, and reflects on the main challenges these countries face in the new decade. It addresses the main trade policy issues for these countries and suggests possible actions they and their trading partners could follow.
Ms. Sena Eken, Mr. John F. Laker, and Mr. Shailendra J. Anjaria
In late 1979, the African Center for Monetary Studies requested, on behalf of the Association of African Central Banks (AACB), that the Fund staff prepare a study describing the existing payments, exchange control, and exchange rate arrangements in the proposed 17-nation Preferential Trade Area (PTA) of Eastern and Southern African States, analyzing any payments obstacles to trade in the region, and recommending improvements in payments arrangements that would promote intraregional trade.
Mr. Vito Tanzi, M. Zühtü Yücelik, Mr. Peter S. Griffith, and Mr. Carlos A. Aguirre
This study indentifies some of the taxation problems most frequently encountered by Fund member countries in sub-Saharan Africa and seeks solutions that may be useful to either the region as a whole or to groups of countries in the region.