Paul Collier, Anthony Venables, 28 May 2007

The authors of CEPR Policy Insight No. 2, argue that OECD nations could help Africa kick-start a development process with trade preferences that allow African manufacturing locations the chance to develop industrial clusters that exceed the minimum-scale threshold – thus allowing them to compete with Asian clusters. Preferences have failed in this task to date but the authors suggest key changes that would give Africa a fighting chance.

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