The Africa Export Conference which is designated to hold in
Johannesburg, South Africa, will provide participating countries, individuals,
exporters and business minds the ideal platform to hear cutting-edge
perspectives from wide range of trade expert and exporters, while offering the
opportunity to network with industry’s top players. The conference will provide
expert’s opinion on how to further regional economic integration across Africa
and the implication of policy initiatives aimed at stimulating economic diversification,
stability and export growth.
Trade has been a key driver of growth
in countries that have been successful in achieving high rates of growth over
the past three decades, such as those in East Asia. If they are to accelerate
their growth, trade will have to perform the same role for African
countries. Designing policies that promote trade and trade competitiveness must
therefore be at the heart of growth strategies for African countries.
It is
relevant to ask whether there are special features of Africa that would help
explain the massive poverty and inequality that engulfed the continent. Weak
initial conditions (such as weak institutions, human capital and extractive
colonial history and its attendant institution) at the time of independence;
the dependence of almost all African countries on primary commodity production
and trade; lack of non-aid financial capital flows and the alarming level of
aid-dependency; lack of ownership of policies which are invariably imposed on
Africa by donors; prevalence of conflict and poor governance are some of the
issues where possible explanations for this sever lack of progress and
pervasive poverty might be found. Many countries, especially those in East
Asia, extracted themselves from such massive poverty, among other things, by
designing and implementing an appropriate industrial and export strategy.
So this
conference will attempt to tackle and address such economic and business
abnormalities, and also help to tackle the challenges of export development in
Africa.
The event which will be organized by Globe chamber of Commerce and
Industry (GCCI) is being planned to offer participants a platform to expand
their business network, meet their competition and get fresh perspectives from
a wide range of trade and export experts.
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