Trade Deception Returns in Pan-Africanist Guise
By Jomo Kwame Sundaram
ACCRA, Ghana, Apr 17 2024 (IPS)
The World Bank has exaggerated probable gains from the African Continental Free Trade Area (AfCFTA) to promote partial and uneven trade liberalisation that is unlikely to enhance development on the continent.
Free trade, in theory
The Bank report claims significant net employment and income gains for all from joining the AfCFTA. Advocates claim it will accelerate African economic growth and progress, creating millions of jobs and raising incomes.
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