Reforming External Tariffs in Central and Western African Countries

This paper examines the reform of the external tariff initiated by the CEMAC and the WAEMU that is aimed at reinforcing their economic integration. Overall, there is broad compliance with the streamlined and moderate rates, but with significant deviations from the harmonized paths in several countries. WAMZ countries, except Ghana, need to undertake major reforms in order to align their external tariff structures with that of the WAEMU as planned for 2007. To promote full compliance with the harmonized external tariff policies, the paper suggests, measures need to be taken, including the creation of financial incentives, at the regional and country levels.

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Year of publication:	2006-01-01
Authors:	Doe, Lubin Kobla
Institutions:	International Monetary Fund (IMF)
Subject:	Import tariffs \| Central Africa \| West Africa \| Central African Economic and Monetary Community \| Tax reforms \| West African Economic and Monetary Union \| customs \| external tariff \| customs duty \| import tax \| common external tariff \| import taxes \| external tariff regimes \| customs union \| import tariff \| classification of goods \| member country \| export taxes \| tariff structure \| tariff reduction \| customs brokers \| nonmember countries \| reduction in tariffs \| monetary union \| economic integration \| external tariffs \| regional integration \| customs duty rates \| import duties \| export value \| importing countries \| metal products \| import duty \| domestic production \| imported goods \| high tariffs \| domestic consumption \| preferential tariff \| export duty \| multinational companies \| domestic taxes \| customs officials \| free labor \| protected products \| common regulations \| world markets \| customs territory \| value of imports \| domestic prices \| world economy \| global trade \| tariff structures \| common customs \| investment incentives \| tariff barriers \| free entry \| import prices \| customs administration \| nontariff barriers \| tariff reform \| domestic producers \| tradable goods \| common market \| economic community \| tax concessions \| customs duties \| elimination of customs duties \| policy harmonization \| per capita income \| value of exports \| customs regimes \| price stability \| customs tariffs \| customs declaration

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Extent:	application/pdf
Series:	IMF Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	The text is part of a series IMF Working Papers Number 06/12 3 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005826234