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

By Arvind Subramanian, Aaditya Mattoo, Devesh Roy

September 1, 2002

Preview Citation

Format: Chicago

Arvind Subramanian, Aaditya Mattoo, and Devesh Roy. The Africa Growth and Opportunity Act and its Rules of Origin: Generosity Undermined?, (USA: International Monetary Fund, 2002) accessed September 20, 2024

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

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.

Subject: Agricultural commodities, Commodities, Exports, Imports, International trade, Revenue administration, Tariffs, Taxes, Valuation, origin and classification

Keywords: Africa, AGOA, Agricultural commodities, Apparel article, Apparel export, Apparel product, Apparel sector, Clothing, Export, Export quota, Exports, Fabric, Imports, Market access, Origin and classification, Preference, Sub-Saharan Africa, Supply curve, Tariffs, Trade, Valuation, Wearing apparel, WP

Publication Details

Pages:

36
Volume:

---
DOI:

---
Issue:

---
Series:

Working Paper No. 2002/158
Stock No:

WPIEA1582002
ISBN:

9781451857597
ISSN:

1018-5941

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Working Papers