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Africa Region Working Paper Series No. 67 An Analysis
of the Trade Regime in Senegal (2001) and Abstract This note evaluates Senegal’s trade regime in 2001 and UEMOA’s common external trade policies, using the methodology developed in Hinkle et al (2003). We find that the trade regime was reasonably open. Its exchange regime and the avoidance of NTB were international good practice. Senegal was also quite advanced in terms of the average import duties as well as the reimbursement of VAT to exporters. On the other hand, it used surcharges, exemptions, and other policies selectively to elevate the protection accorded to certain industries. It also failed to provide access to duty-free inputs to exporters, which exacerbated the anti-export bias of the trade regime. Despite the remaining weaknesses, however, Senegal’s trade regime in 2001 was the most open among the African countries to which the methodology developed by Hinkle et al has been applied to date (although some countries that were evaluated previously have subsequently implemented reforms). Senegal’s trade regime would have been even closer to the international good practice if UEMOA’s common trade policies were applied without deviations. Full text of paper (632KB, In Adobe Acrobat format. Requires Acrobat PDF viewer) |
