Africa's War on Poverty Begins at Home

Marian Tupy writes "...It is true that rich countries' protectionism harms some producers in the developing world but trade liberalization in rich countries as a cure for African poverty is often over-emphasized. The main causes of African impoverishment are internal. Africa lacks political stability and economic freedom. Its tariffs are high and private property rights weak. It is hypocritical for African leaders to call for greater access to global markets while avoiding policy reforms, including trade openness, at home...Clearly, free trade is a necessary, but not a sufficient, condition for economic growth in Africa. But trade can play a role in promoting prosperity by increasing domestic competition and changing the dynamic of the political economy that keeps privileged groups protected. Many reforms are needed but a good place to start is with freeing trade at home. African countries should do so regardless of what the rich countries do. India, China, Hong Kong, Singapore, South Korea, Taiwan, Chile, Estonia and many other developing countries undertook unilateral trade liberalization in the past and reaped the benefits..."