World Economy Brief KIEP Staff Papers
발간물
KIEP Opinions
The Impact of Political Instability on Trade Agreements in Africa
- 저자 JUNG Jae Wook
- 발간일2017-01-05
Trade between African countries remains very small despite many regional trade agreements in Africa. Political instability limits the effectiveness of trade agreements in the region. While trade policy uncertainty due to political instability discourages the implementation of trade agreements, political instability also widely affects economic potential, which mainly depends on investment. Along with a comprehensive plan for trade and development from international institutes and major developed countries, political stability and policy expectancy are necessary for Africa.
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