International Journal of Social Science & Economic Research
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Title:
FOREIGN TRADE, GROWTH, AND INEQUALITY IN SUB-SAHARAN AFRICA: REVISITING THE LITERATURE

Authors:
MONGBET Zounkifirou , TOURERE Zenabou and POUAKONE SECHOUTDI Yaya

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MONGBET Zounkifirou1 , TOURERE Zenabou2 , and POUAKONE SECHOUTDI Yaya3
1. Ph.D. Candidate/ University of Yaounde II SOA, Cameroon
2. Assistant Professor/ University of Douala, Cameroon
3. Ph.D. / Agricultural Economics University of Abomey Calavy (Cotonou-Benin)

MLA 8
Zounkifirou, MONGBET, et al. "FOREIGN TRADE, GROWTH, AND INEQUALITY IN SUB-SAHARAN AFRICA: REVISITING THE LITERATURE." Int. j. of Social Science and Economic Research, vol. 6, no. 8, Aug. 2021, pp. 2876-2901, doi.org/10.46609/IJSSER.2021.v06i08.022. Accessed Aug. 2021.
APA 6
Zounkifirou, M., Zenabou, T., & Yaya, P. (2021, August). FOREIGN TRADE, GROWTH, AND INEQUALITY IN SUB-SAHARAN AFRICA: REVISITING THE LITERATURE. Int. j. of Social Science and Economic Research, 6(8), 2876-2901. Retrieved from https://doi.org/10.46609/IJSSER.2021.v06i08.022
Chicago
Zounkifirou, MONGBET, TOURERE Zenabou, and POUAKONE SECHOUTDI Yaya. "FOREIGN TRADE, GROWTH, AND INEQUALITY IN SUB-SAHARAN AFRICA: REVISITING THE LITERATURE." Int. j. of Social Science and Economic Research 6, no. 8 (August 2021), 2876-2901. Accessed August, 2021. https://doi.org/10.46609/IJSSER.2021.v06i08.022.

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Abstract:
The role of international trade in economic growth, work creation and poverty reduction has long been debated, and this debate is intensifying today due to the proliferation of free trade agreements on a continental and global scale. This paper presents a review of the theoretical and empirical literature on the relationship between foreign trade, growth, poverty, and inequality. The objective of our research effort is to provide a retrospective analysis of the macroeconomic effects of foreign trade on growth and inequality in the context of sub-Saharan African countries. After a review of the literature and a review of the various works dedicated exclusively to the context of African countries south of the Sahara, it emerges that foreign trade has a significant influence on economic growth and is therefore a real driver for reducing poverty and inequality. The study also shows that empirical estimates of the impact of trade openness, measured by the degree of protection, on growth appear to be weak. To overcome this problem, some studies have focused on directly estimating the impact of trade on income or economic growth. However, the endogeneity of trade to income is difficult to integrate into regressions, while the openness rate thus defined cannot be precisely linked to trade policies. Finally, the study allowed us to draw a clear and precise distinction between inclusive growth and pro-poor growth, we found that propoor growth appears more as a complementary concept than a rival concept of inclusive growth.

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