Lake Chad Regional Economic Memorandum : Technical Paper 7. Trade Patterns and Trade Networks in the Lake Chad Region
The Lake Chad Region (LCR) is an economically interdependent area that encompasses parts of Cameroon (Extrême-Nord), Chad (Chari Baguirmi, Hadjer Lamis, Kenam, and Lac), Niger (Diffa and Zinder), and Nigeria (Adamawa, Borno, and Yobe). The region i...
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okr-10986-365782021-11-17T05:10:36Z Lake Chad Regional Economic Memorandum : Technical Paper 7. Trade Patterns and Trade Networks in the Lake Chad Region Walkenhorst, Peter REGIONAL TRADE INTEGRATION CROSS-BORDER TRADE TRADE ROUTE BORDER CLOSURE ARMED CONFLICT TRADE NETWORK CEMAC CEEAC ECOWAS REGIONAL TRADE AGREEMENT AFRICAN CONTINENTAL FREE TRADE AGREEMENT TRADE LIBERALIZATION The Lake Chad Region (LCR) is an economically interdependent area that encompasses parts of Cameroon (Extrême-Nord), Chad (Chari Baguirmi, Hadjer Lamis, Kenam, and Lac), Niger (Diffa and Zinder), and Nigeria (Adamawa, Borno, and Yobe). The region is characterized by strong historical, ethnic, cultural, and political ties, as well as commercial linkages that extend across its porous borders. Indeed, many if not most of the cross-border exchanges are not recorded in official import and export statistics. Informal trade is widespread throughout Africa (Bouet, Pace, and Glauber 2018; World Bank 2020), particularly if formal state institutions are under stress. Traders try to avoid import or export declarations as well as border taxes, and customs and other border agencies often tolerate the cross-border trade of small consignments without the need to comply with formal procedures. This does not necessarily mean that these trade flows go untaxed, though. Border officials might levy fees that do not have a legal basis, and state or local authorities often ask for informal payments at roadblocks or in marketplaces. The LCR is far from a seaport and, hence, heavily landlocked. This condition means that the cost of connecting to international markets is high. As a result, consumers in the LCR pay a high price for imports from global markets, whereas producers in the region get a low price for their exports to international clients. The region faces other challenges that stress its production base and depress economic development. These challenges include erratic weather patterns with frequent periods of drought, as well as environmental degradation of the lake. The most important threat to the well-being and the livelihood of the population in recent years has been the deteriorating security situation, though. 2021-11-16T20:15:55Z 2021-11-16T20:15:55Z 2021-11-09 Report http://documents.worldbank.org/curated/undefined/987061636447874151/Technical-Paper-7-Trade-Patterns-and-Trade-Networks-in-the-Lake-Chad-Region http://hdl.handle.net/10986/36578 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Country Economic Memorandum Africa Africa Western and Central (AFW) Central Africa West Africa Cameroon Chad Niger Nigeria |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
REGIONAL TRADE INTEGRATION CROSS-BORDER TRADE TRADE ROUTE BORDER CLOSURE ARMED CONFLICT TRADE NETWORK CEMAC CEEAC ECOWAS REGIONAL TRADE AGREEMENT AFRICAN CONTINENTAL FREE TRADE AGREEMENT TRADE LIBERALIZATION |
spellingShingle |
REGIONAL TRADE INTEGRATION CROSS-BORDER TRADE TRADE ROUTE BORDER CLOSURE ARMED CONFLICT TRADE NETWORK CEMAC CEEAC ECOWAS REGIONAL TRADE AGREEMENT AFRICAN CONTINENTAL FREE TRADE AGREEMENT TRADE LIBERALIZATION Walkenhorst, Peter Lake Chad Regional Economic Memorandum : Technical Paper 7. Trade Patterns and Trade Networks in the Lake Chad Region |
geographic_facet |
Africa Africa Western and Central (AFW) Central Africa West Africa Cameroon Chad Niger Nigeria |
description |
The Lake Chad Region (LCR) is an
economically interdependent area that encompasses parts of
Cameroon (Extrême-Nord), Chad (Chari Baguirmi, Hadjer Lamis,
Kenam, and Lac), Niger (Diffa and Zinder), and Nigeria
(Adamawa, Borno, and Yobe). The region is characterized by
strong historical, ethnic, cultural, and political ties, as
well as commercial linkages that extend across its porous
borders. Indeed, many if not most of the cross-border
exchanges are not recorded in official import and export
statistics. Informal trade is widespread throughout Africa
(Bouet, Pace, and Glauber 2018; World Bank 2020),
particularly if formal state institutions are under stress.
Traders try to avoid import or export declarations as well
as border taxes, and customs and other border agencies often
tolerate the cross-border trade of small consignments
without the need to comply with formal procedures. This does
not necessarily mean that these trade flows go untaxed,
though. Border officials might levy fees that do not have a
legal basis, and state or local authorities often ask for
informal payments at roadblocks or in marketplaces. The LCR
is far from a seaport and, hence, heavily landlocked. This
condition means that the cost of connecting to international
markets is high. As a result, consumers in the LCR pay a
high price for imports from global markets, whereas
producers in the region get a low price for their exports to
international clients. The region faces other challenges
that stress its production base and depress economic
development. These challenges include erratic weather
patterns with frequent periods of drought, as well as
environmental degradation of the lake. The most important
threat to the well-being and the livelihood of the
population in recent years has been the deteriorating
security situation, though. |
format |
Report |
author |
Walkenhorst, Peter |
author_facet |
Walkenhorst, Peter |
author_sort |
Walkenhorst, Peter |
title |
Lake Chad Regional Economic Memorandum : Technical Paper 7. Trade Patterns and Trade Networks in the Lake Chad Region |
title_short |
Lake Chad Regional Economic Memorandum : Technical Paper 7. Trade Patterns and Trade Networks in the Lake Chad Region |
title_full |
Lake Chad Regional Economic Memorandum : Technical Paper 7. Trade Patterns and Trade Networks in the Lake Chad Region |
title_fullStr |
Lake Chad Regional Economic Memorandum : Technical Paper 7. Trade Patterns and Trade Networks in the Lake Chad Region |
title_full_unstemmed |
Lake Chad Regional Economic Memorandum : Technical Paper 7. Trade Patterns and Trade Networks in the Lake Chad Region |
title_sort |
lake chad regional economic memorandum : technical paper 7. trade patterns and trade networks in the lake chad region |
publisher |
World Bank, Washington, DC |
publishDate |
2021 |
url |
http://documents.worldbank.org/curated/undefined/987061636447874151/Technical-Paper-7-Trade-Patterns-and-Trade-Networks-in-the-Lake-Chad-Region http://hdl.handle.net/10986/36578 |
_version_ |
1764485554541428736 |