The West African trade outlook: Business-as-usual compared with alternative options
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International Food Policy Research Institute
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Chapter 7, by Sunday Pierre Odjo and Ousmane Badiane, focuses on the outlook for expanding intra-regional trade within West Africa, the focus region of this issue, and the potential effects of expanded trade on regional food markets. The chapter reviews recent trends in intra-regional trade and examines the possibilities for increased regional trade to reduce food price volatility. The study then evaluates the scope for increasing trade within the region. A simulation model is used to examine the effects of alternative policy scenarios on regional trade and on the stability of regional food markets.
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economic competition, markets, prices, international trade, agricultural trade