Advancing Economic Integration and Industrialization: Unveiling Global Value Chains and Intra-Trade Dynamics in Africa

Advancing Economic Integration and Industrialization: Unveiling Global Value Chains and Intra-Trade Dynamics in Africa delves into the profound implications of global value chains (GVCs) and intra-regional trade on the economic and industrial evolution of Africa. In light of the continent's complex interplay of challenges and opportunities within its industrial sector, this study investigates how intensified economic integration and strategic participation in GVCs can elevate Africa's stature in the global economic arena. Through a meticulous analysis of trade facilitation, investment promotion, and technology transfer, the paper elucidates critical drivers and impediments to industrialization. It offers an exhaustive examination of intra-African trade dynamics and their ramifications for regional economic resilience and development. The insights garnered underscore the necessity of harmonized policies and synergistic efforts to propel sustainable and inclusive economic growth, thereby providing valuable guidance for policymakers, enterprises, and stakeholders aspiring to harness Africa’s burgeoning potential within the global market. Received: 10 April 2024 / Accepted: 27 February 2025 / Published: 10 March 2025

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Publication Details

Journal
Journal of International Cooperation and Development
Published
2025-03-10
DOI
https://doi.org/10.36941/jicd-2025-0004
Primary Topic
Economic and Technological Innovation
Type
article
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article

Advancing Economic Integration and Industrialization: Unveiling Global Value Chains and Intra-Trade Dynamics in Africa

Akhilesh Chandra Prabhakar
Journal of International Cooperation and Development
Economic and Technological Innovation
article

Advancing Economic Integration and Industrialization: Unveiling Global Value Chains and Intra-Trade Dynamics in Africa

Akhilesh Chandra Prabhakar
article en

Abstract

Advancing Economic Integration and Industrialization: Unveiling Global Value Chains and Intra-Trade Dynamics in Africa delves into the profound implications of global value chains (GVCs) and intra-regional trade on the economic and industrial evolution of Africa. In light of the continent's complex interplay of challenges and opportunities within its industrial sector, this study investigates how intensified economic integration and strategic participation in GVCs can elevate Africa's stature in the global economic arena. Through a meticulous analysis of trade facilitation, investment promotion, and technology transfer, the paper elucidates critical drivers and impediments to industrialization. It offers an exhaustive examination of intra-African trade dynamics and their ramifications for regional economic resilience and development. The insights garnered underscore the necessity of harmonized policies and synergistic efforts to propel sustainable and inclusive economic growth, thereby providing valuable guidance for policymakers, enterprises, and stakeholders aspiring to harness Africa’s burgeoning potential within the global market. Received: 10 April 2024 / Accepted: 27 February 2025 / Published: 10 March 2025

Journal of International Cooperation and DevelopmentVol. 8(1)
Papua New Guinea University of Technology (PG), University of Papua New Guinea (PG)
Openalex Percentile: Top 79%
Economic and Technological Innovation
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Advancing Economic Integration and Industrialization: Unveiling Global Value Chains and Intra-Trade Dynamics in Africa — Akhilesh Chandra Prabhakar · Journal of International Cooperation and Development (2025) | TGRS Research Map | TGRS