History of Sub-Saharan Africa's Long Journey towards Economic Emancipation: The African Growth and Oppportunity Act (AGOA) and its Challenges

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18460%2F23%3A50020474" target="_blank" >RIV/62690094:18460/23:50020474 - isvavai.cz</a>

Result on the web

<a href="https://brill.com/view/journals/bafr/aop/article-10.1163-09744061-bja10081/article-10.1163-09744061-bja10081.xml" target="_blank" >https://brill.com/view/journals/bafr/aop/article-10.1163-09744061-bja10081/article-10.1163-09744061-bja10081.xml</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1163/09744061-bja10081" target="_blank" >10.1163/09744061-bja10081</a>

Result language

angličtina

Original language name

History of Sub-Saharan Africa's Long Journey towards Economic Emancipation: The African Growth and Oppportunity Act (AGOA) and its Challenges

Original language description

The history of the African Growth and Opportunity Act (AGOA) i.e., the trade partnership between the US and sub-Saharan African states indicates that the initial Clinton Administration blueprint for this venture was to operate for eight years, from 2000 to 2008. However, in 2004 George Bush, the incoming US president, pushed the AGOA mandate to 2015. Before the AGOA order could expire, its mandate was again extended to 2025 by then US president Barack Obama. This study argues that the lofty ambitions inscribed in the design of AGOA seem not to have lived up to their billing. The study finds that the theoretical win-win proposition that was envisioned does not appear to have yielded the desired economic results for sub-Saharan states mainly because the enterprise is likely a one-sided trade deal in favour of the US. Data for this study was gathered from qualitative and quantitative sources. The study concludes that given the pattern of the US engagements with sub-Saharan Africa, which seems only focused on advancing US national interests, the sub-Saharan region needs to devise alternative trade partnerships if its economy is to grow. The study recommends that sub-Saharan Africa focuses on intra-Africa trade. Alternatively, it should strengthen development cooperation with emerging markets such as the BRICS (Brazil, Russia, India, China, and South Africa).

Czech name

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Czech description

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Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

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OECD FORD branch

50601 - Political science

Project

—

Continuities

N - Vyzkumna aktivita podporovana z neverejnych zdroju

Publication year

2023

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Africa Review

ISSN

0974-4053

e-ISSN

0974-4061

Volume of the periodical

15

Issue of the periodical within the volume

4

Country of publishing house

NL - THE KINGDOM OF THE NETHERLANDS

Number of pages

37

Pages from-to

377-413

UT code for WoS article

001113097800005

EID of the result in the Scopus database

2-s2.0-85163650511