African Growth and Opportunity Act: Eligibility Process and Economic Development in Sub-Saharan Africa

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Our Price: $20.00

By Thomas Melito (au)
Year: 2015
Pages: 48
Binding Paperback
ISBN 978-1-4578-6684-5

Product Code: 1457866846

Description

Enacted in 2000 and set to expire in September 2015, the African Growth and Opportunity Act (AGOA) is a trade preference program that seeks to promote economic development in 49 sub-Saharan African countries by allowing eligible countries to export qualifying goods to the U.S. without import duties. The act requires the U.S. government to conduct an annual eligibility review to assess each country's progress on economic, political, and development reform objectives in order to be eligible for AGOA benefits. AGOA also requires an annual forum to foster closer economic ties between the U.S. and sub-Saharan African countries. This report examines (1) how the AGOA eligibility review process has considered economic, political, and development reform objectives described in the act; and (2) how sub-Saharan African countries have fared in certain economic development outcomes since the enactment of AGOA. Tables and figures. This is a print on demand report.

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