The Africa Growth and Opportunity Act and its Rules of Origin Generosity Undermined?

This paper describes the United States recently enacted Africa Growth and Opportunity Act (AGOA) and assesses its quantitative impact on African exports. The AGOA expands the scope of preferential access of Africa's exports to the United States in key areas such as clothing. However, its medium...

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Bibliographic Details
Main Author: Subramanian, Arvind
Other Authors: Mattoo, Aaditya, Roy, Devesh
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2002
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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653 |a Revenue administration 
653 |a Tariff 
653 |a Tariffs 
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653 |a Public finance & taxation 
653 |a Taxes 
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653 |a International economics 
653 |a Agriculture: General 
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653 |a Commodities 
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520 |a This paper describes the United States recently enacted Africa Growth and Opportunity Act (AGOA) and assesses its quantitative impact on African exports. The AGOA expands the scope of preferential access of Africa's exports to the United States in key areas such as clothing. However, its medium term benefits estimated at about US$100-$140 million, an 8 11 percent addition to current non-oil exports would have been nearly five times greater (US$540 million) if no restrictive conditions had been imposed on the terms of market access. The most important of these conditions are the rules of origin with which African exporters of clothing must comply to benefit from duty-free access