The COVID-19 Pandemic and African Continental Free Trade Area (AfCFTA)
Author | : Edward Asiedu |
Publisher | : |
Total Pages | : 0 |
Release | : 2018 |
ISBN-10 | : OCLC:1392059278 |
ISBN-13 | : |
Rating | : 4/5 (78 Downloads) |
Download or read book The COVID-19 Pandemic and African Continental Free Trade Area (AfCFTA) written by Edward Asiedu and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic has caused nontrivial disruptions to global value chains and affected the lives of many people, particularly the poor across the world. The outbreak of the COVID-19 pandemic in the early part of 2020 in Africa, happened during a time that African countries had just signed one of the world,Äôs largest trade agreements and therefore began introducing continental-level structures to strengthen free trade among member states. This chapter examines the potential effect of the COVID-19 pandemic on the agenda for free trade in Africa, both in the short and in the long-term. Specifically, the chapter explores the trading environment of firms in Africa and highlights generally the challenges faced when implementing a trade agreement in the middle of a pandemic. It also, on the other hand, highlights how trade agreement in a middle of a pandemic can be a good thing to minimize the effect of the pandemic on poor and vulnerable households in Africa. The chapter ends by highlighting the need for managing the COVID-19 pandemic to grow and sustain intra-African trade.