1945

Trade liberalization and export performance: Trends in Africa

Seen in a historical context, Africa’s trade has gone through three distinct phases. Prior to the early 1960s, when many African countries gained independence, African trade policy was defined by the colonial Powers. Trade was essentially a two-way relationship between African countries and their metropoles, whereby primary commodities were exported and manufactured products imported. The trade structure of African countries during this period was driven by the interests of the colonial Powers.

Related Subject(s): Economic and Social Development
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