Deepening regional integration within the Southern African Development Community (SADC) will raise potential growth for all member countries.
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A two-page OECD summary and analysis of the Services Trade Restrictiveness Index results for South Africa.
By participating more effectively in the global production of goods and services, Africa can transform its economy and achieve a development breakthrough, according to the latest African Economic Outlook, released at the African Development Bank Group’s Annual Meetings.
International trade data show seasonally adjusted imports, exports and trade balance data in Billions $US for OECD countries and major non-member economies. Imports consist of: (i) imports for direct domestic consumption; (ii) withdraw. The series are updated continuously.
Agriculture continues to create jobs in rural areas of South Africa, albeit mainly in low-wage occupations, and future trade liberalisation would increase employment in the agricultural sector, according to this study.
Export restrictions on raw materials are applied to achieve a number of policy objectives. However, they can have a significant and negative impact on the efficient allocation of resources, international trade, and the competitiveness and development of industries in both exporting and importing countries.
By diverting exports to domestic markets, export restrictions raise prices for foreign consumers and importers. At the same time, by reducing domestic prices in the applying countries and increasing global uncertainty concerning future prices, export restrictions negatively affect investment, thus potentially reducing the overall supply of raw materials in the long term. In view of existing alternative policy tools that have a different impact on trade, the effectiveness of export restrictions to achieve stated policy objectives should be carefully reviewed.
This publication presents a selection of papers discussed at the OECD Workshop on Raw Materials, held in Paris in October 2009. This workshop was organised in response to the growing concern on the use of export restrictions on raw materials, particularly by emerging economies.
Commodity prices surged in 2006-08 in Argentina, Brazil, China, Chile, India, Indonesia, Russia, South Africa, Ukraine and Vietnam. Government policy responses to these price surges were not always successful in minimising the impact on consumers and producers, this report finds.
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Using key principles and provisions of the WTO Agreement on Technical Barriers to Trade (TBT) as a yardstick for analysis, this paper examines whether and how eight major regional integration agreements in Sub-Saharan Africa address TBT.
Country case studies of China, Japan, Netherlands, South Africa and the United States in measures that may hamper trade in steel scrap, recovered paper and plastic scrap, and if and how they could be removed without compromising environmental protection.
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This paper examines key trade and trade related issues facing South Africa and describes South Africa’s re-entry into the global trade architecture and its economic growth in the context of its trade performance.