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The longer-term impact of the African Growth and Opportunity Act

Jaime de Melo, Alberto Portugal-Perez Economists do not agree on whether preferential access to foreign markets can foster industrial development, particularly in Africa. Some see it as a more effective means than conventional infant industry protection โ€œto transport a bit of the economic miracle from China to Africaโ€ (Collier and Venables 2007). The benefits of preferential access are conditional on competing successfully in foreign markets, rather than in less contested domestic markets. ...
China To Africa Collier J Van Biesebroeck Van Biesebroeck Journal Of Development Economics 2a Selective
Source: voxeu.org

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