The Initial and Potential Impact of Preferential Access to the U.S. Market under the African Growth and Opportunity Act
The ability to export clothing products under preferences with liberal rules of origin is the key factor currently determining whether the African Growth and Opportunity Act (AGOA) has a significant impact on non-oil exporting African countries. At...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
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World Bank, Washington, D.C.
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2004/04/3336098/initial-potential-impact-preferential-access-market-under-african-growth-opportunity-act http://hdl.handle.net/10986/14758 |
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okr-10986-147582021-04-23T14:03:20Z The Initial and Potential Impact of Preferential Access to the U.S. Market under the African Growth and Opportunity Act Brenton, Paul Ikezuki, Takako AFRICAN CAPACITY BUILDING INITIATIVE LEAST DEVELOPED COUNTRIES FABRICS TEXTILE INDUSTRIES TEXTILES AGRICULTURAL PRODUCTS TRADE ENVIRONMENT AGGREGATE EXPORTS AGRICULTURAL PRODUCTS AGRICULTURAL SECTOR AGRICULTURE ALTERNATIVE APPROACH APPAREL AVERAGE TARIFFS BASE YEAR BUSINESS ENVIRONMENT DAIRY PRODUCTS DIVERSIFICATION ECONOMIC VALUE EXPORT GROWTH EXPORT PERFORMANCE EXPORTERS EXPORTS EXTERNAL PROTECTION FOOD PRODUCTS FOREIGN DIRECT INVESTMENT FREE ACCESS GDP GNP GRAVITY MODEL IMPACT OF TRADE INTEGRATION INTERNATIONAL TRADE LDCS LIBERALIZATION MARKET ACCESS MEAT MEAT PRODUCTS OIL EXPORTERS PREFERENTIAL ACCESS PREFERENTIAL TREATMENT PRODUCERS QUANTITATIVE RESTRICTIONS QUOTA IMPORTS QUOTA TARIFF QUOTAS RESTRICTIVE RULES OF ORIGIN RULES OF ORIGIN SAFEGUARD MEASURES SUGAR SUGAR PRODUCTS TARIFF PREFERENCES TARIFF RATE TARIFF RATES TARIFF SCHEDULE TECHNICAL ASSISTANCE TEXTILES TRADE DATA TRADE PREFERENCES URUGUAY ROUND VALUE OF EXPORTS WTO The ability to export clothing products under preferences with liberal rules of origin is the key factor currently determining whether the African Growth and Opportunity Act (AGOA) has a significant impact on non-oil exporting African countries. At present only a small number of countries receive substantial benefits and least developed countries that do not receive preferences for clothing have yet to see an impact of AGOA on their overall exports. However, the benefits from exporting clothing under AGOA appear fragile in the face of the removal of quotas in the United States on major suppliers, such as China, at the end of 2004, and the planned removal of the liberal rules of origin that allow for the global sourcing of fabrics from least-cost locations. To entrench and enhance the benefits of AGOA, it is important that the scheme be extended over a much longer period, if not made permanent, and the special liberal rules of origin for clothing products be extended considerably beyond 2004. The effective inclusion of textile products and a number of high-duty agricultural products would also help to broaden the range of opportunities for African exporters in the U.S. market. Nevertheless it is important that the opportunities created by AGOA are integrated into a broader framework for promoting trade and that it be recognized that if the opportunities offered by more open trade are to be exploited, there must be concerted efforts to improve the environment for investment countries covered by AGOA. 2013-08-01T20:54:30Z 2013-08-01T20:54:30Z 2004-04 http://documents.worldbank.org/curated/en/2004/04/3336098/initial-potential-impact-preferential-access-market-under-african-growth-opportunity-act http://hdl.handle.net/10986/14758 English en_US Policy Research Working Paper;No.3262 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, D.C. Publications & Research :: Policy Research Working Paper Publications & Research Africa |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
AFRICAN CAPACITY BUILDING INITIATIVE LEAST DEVELOPED COUNTRIES FABRICS TEXTILE INDUSTRIES TEXTILES AGRICULTURAL PRODUCTS TRADE ENVIRONMENT AGGREGATE EXPORTS AGRICULTURAL PRODUCTS AGRICULTURAL SECTOR AGRICULTURE ALTERNATIVE APPROACH APPAREL AVERAGE TARIFFS BASE YEAR BUSINESS ENVIRONMENT DAIRY PRODUCTS DIVERSIFICATION ECONOMIC VALUE EXPORT GROWTH EXPORT PERFORMANCE EXPORTERS EXPORTS EXTERNAL PROTECTION FOOD PRODUCTS FOREIGN DIRECT INVESTMENT FREE ACCESS GDP GNP GRAVITY MODEL IMPACT OF TRADE INTEGRATION INTERNATIONAL TRADE LDCS LIBERALIZATION MARKET ACCESS MEAT MEAT PRODUCTS OIL EXPORTERS PREFERENTIAL ACCESS PREFERENTIAL TREATMENT PRODUCERS QUANTITATIVE RESTRICTIONS QUOTA IMPORTS QUOTA TARIFF QUOTAS RESTRICTIVE RULES OF ORIGIN RULES OF ORIGIN SAFEGUARD MEASURES SUGAR SUGAR PRODUCTS TARIFF PREFERENCES TARIFF RATE TARIFF RATES TARIFF SCHEDULE TECHNICAL ASSISTANCE TEXTILES TRADE DATA TRADE PREFERENCES URUGUAY ROUND VALUE OF EXPORTS WTO |
| spellingShingle |
AFRICAN CAPACITY BUILDING INITIATIVE LEAST DEVELOPED COUNTRIES FABRICS TEXTILE INDUSTRIES TEXTILES AGRICULTURAL PRODUCTS TRADE ENVIRONMENT AGGREGATE EXPORTS AGRICULTURAL PRODUCTS AGRICULTURAL SECTOR AGRICULTURE ALTERNATIVE APPROACH APPAREL AVERAGE TARIFFS BASE YEAR BUSINESS ENVIRONMENT DAIRY PRODUCTS DIVERSIFICATION ECONOMIC VALUE EXPORT GROWTH EXPORT PERFORMANCE EXPORTERS EXPORTS EXTERNAL PROTECTION FOOD PRODUCTS FOREIGN DIRECT INVESTMENT FREE ACCESS GDP GNP GRAVITY MODEL IMPACT OF TRADE INTEGRATION INTERNATIONAL TRADE LDCS LIBERALIZATION MARKET ACCESS MEAT MEAT PRODUCTS OIL EXPORTERS PREFERENTIAL ACCESS PREFERENTIAL TREATMENT PRODUCERS QUANTITATIVE RESTRICTIONS QUOTA IMPORTS QUOTA TARIFF QUOTAS RESTRICTIVE RULES OF ORIGIN RULES OF ORIGIN SAFEGUARD MEASURES SUGAR SUGAR PRODUCTS TARIFF PREFERENCES TARIFF RATE TARIFF RATES TARIFF SCHEDULE TECHNICAL ASSISTANCE TEXTILES TRADE DATA TRADE PREFERENCES URUGUAY ROUND VALUE OF EXPORTS WTO Brenton, Paul Ikezuki, Takako The Initial and Potential Impact of Preferential Access to the U.S. Market under the African Growth and Opportunity Act |
| geographic_facet |
Africa |
| relation |
Policy Research Working Paper;No.3262 |
| description |
The ability to export clothing products
under preferences with liberal rules of origin is the key
factor currently determining whether the African Growth and
Opportunity Act (AGOA) has a significant impact on non-oil
exporting African countries. At present only a small number
of countries receive substantial benefits and least
developed countries that do not receive preferences for
clothing have yet to see an impact of AGOA on their overall
exports. However, the benefits from exporting clothing under
AGOA appear fragile in the face of the removal of quotas in
the United States on major suppliers, such as China, at the
end of 2004, and the planned removal of the liberal rules of
origin that allow for the global sourcing of fabrics from
least-cost locations. To entrench and enhance the benefits
of AGOA, it is important that the scheme be extended over a
much longer period, if not made permanent, and the special
liberal rules of origin for clothing products be extended
considerably beyond 2004. The effective inclusion of textile
products and a number of high-duty agricultural products
would also help to broaden the range of opportunities for
African exporters in the U.S. market. Nevertheless it is
important that the opportunities created by AGOA are
integrated into a broader framework for promoting trade and
that it be recognized that if the opportunities offered by
more open trade are to be exploited, there must be concerted
efforts to improve the environment for investment countries
covered by AGOA. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Brenton, Paul Ikezuki, Takako |
| author_facet |
Brenton, Paul Ikezuki, Takako |
| author_sort |
Brenton, Paul |
| title |
The Initial and Potential Impact of Preferential Access to the U.S. Market under the African Growth and Opportunity Act |
| title_short |
The Initial and Potential Impact of Preferential Access to the U.S. Market under the African Growth and Opportunity Act |
| title_full |
The Initial and Potential Impact of Preferential Access to the U.S. Market under the African Growth and Opportunity Act |
| title_fullStr |
The Initial and Potential Impact of Preferential Access to the U.S. Market under the African Growth and Opportunity Act |
| title_full_unstemmed |
The Initial and Potential Impact of Preferential Access to the U.S. Market under the African Growth and Opportunity Act |
| title_sort |
initial and potential impact of preferential access to the u.s. market under the african growth and opportunity act |
| publisher |
World Bank, Washington, D.C. |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2004/04/3336098/initial-potential-impact-preferential-access-market-under-african-growth-opportunity-act http://hdl.handle.net/10986/14758 |
| _version_ |
1764430050662285312 |