If the African Growth and Opportunity Act (AGOA) is to remain as a key part of US development policy in Africa, it needs to embrace the sector on which so many of the poor in Africa depend. According to World Bank data, more than 60 percent of Africans live in rural areas, and they are more likely to be poor than their urban counterparts. Yet, while almost all manufactured goods enter duty-free under AGOA and other trade preference programs, US policy (unintentionally) discriminates against agricultural sectors in which Africa could be competitive.
This paper analyzes the potential for regional collective action in Latin America in the areas of finance, trade and infrastructure.
India’s Trade, Investment, and Industrial Policies: A Macro Assessment Testimony before the United States International Trade Commission
Arvind Subramanian testified before the United States International Trade Commission on February 12, 2014. Subramanian shared his thoughts on India’s trade, investment, and industrial policies and offered policy recommendations from both an economic and strategic perspective.