Purchasing Power Parities (PPPs) and International Comparisons: Powering the Africa Free Trade Area Pali Lehohla AfDB Report Spurring the Giant into Africa Free Trade Outline Preamble Discuss Africa development Agenda Problem statement
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01
Purchasing Power Parities (PPPs) and International Comparisons: Powering the Africa Free Trade Area Pali Lehohla AfDB Report<br>
02
Spurring the Giant into Africa Free Trade Outline Preamble
Discuss Africa development Agenda
Problem statement
Articulate the mischief to be resolved
Africa Continental Free Trade Agreement
How does it address Agenda 2063
ICP information – the lever and propellant of change
SWOT Analysis
Establishing pathways
Institutional arrangements for implementation
Programme and Project, Balance score card, RACI
Implementation frame
Dialogue matrix, Embedding ICP in CPI and GDP<br>
03
Preamble: Discuss Africa development Agenda Africa Development Agenda
1945-1960 Decolonisation movement
1963-2000 the OAU
Lagos Plan of Action 1980-2000
Younde declaration 1996 Human Rights
2000- present AU Constitutive Act
NEPAD
Agenda 2063
UN Development Decennial System
1960-1970 target of 5% growth in aggregate GNI through export led development
1971-1980 target 0.7% of GDP as ODA to developing nations
1981-1990 Human Rights approach to development
MDGs – Poverty reduction through 8 goals and 48 targets
SDGs – Poverty reduction and preservation of environment 17 Goals and 162 targets<br>
04
Problem Statement: the mischief to be resolved Africa’s development obstacles are complicated by reemergence of polarization in global politics and economics
Therefore more than ever Africa has to get its act together inspired and led by Africans
Agenda 2063 has advanced the signal that built on previous efforts to realize inter alia NEPAD
The signing of the Africa Continental Free Trade Agreement (ACFTA) is a practical step responding to the signal
African Continental Free Trade Agreement provide business opportunities that will enhance industrialisation in Africa in line with Agenda 2063
Intra-Africa trade drive sustainable growth and jobs
African Continental Free Trade Agreement benefit small and medium-sized entreprises
African Continental Free Trade Agreement for Africa’s women
These four areas stand to benefit from the largest consumption market research
Why is ICP information the only comprehensive source of Data for ACFTA<br>
05
ICP the lever and propellant of change Real GDP and Cost of Living Comparisons sanitized of currency and exchange rates
Global poverty measurements
PPPs is a common measure in income inequality
Public services are in-country contextual but also relative to the rest of the world
Geography based indices and indicators of Productivity, Competitiveness, Trade and Investment
Relationship between levels of development and the price of services relative to tradable goods
cross-country investment costs, such as labor and material costs
Monitor global agreements the environment, climate change and clean energy
The International Comparison Programme addresses Energy Efficiency<br>
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Some illustrations: Health prices 2005 to 2011<br>
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Some illustrations: Education prices 2005 to 2011<br>
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Some illustrations: Housing & utilities prices 2005 to 2011<br>
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Some illustrations: Transport prices 2005 to 2011<br>
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Some illustrations: Housing , personal transport & water<br>
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Some illustrations: Energy, personal transport & water<br>
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Some illustrations: Communications prices 2005 to 2011<br>
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The cost of living across Africa
Africa average = 100 Most expensive countries Least expensive countries Price differentials the basis for manufacturing and trade<br>
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The price of food across Africa
Africa average = 1 Most expensive Least expensive Product class level price differentials the basis for manufacturing and trade<br>
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The price of bread & cereals across Africa
Africa average = 1 Most expensive Least expensive Bread & cereals includes rice, other cereals & flour, bread, other bakery products, and pasta products Item level price differentials the basis for manufacturing and trade<br>
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Household welfare 16 2011 Per capita Actual Individual Consumption (Africa = 100)
10 highest countries<br>
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Some illustrations: SADC Food & non-alcoholic beverages prices 2005 to 2011<br>
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SWOT Analysis: Establishing pathways<br>
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Institutional arrangements for Dialogue implementation PROCESS DESIGN and DEVELOPMENT OF INDUSTRIAL DEVELOPMENT OF TRADE POLICY & INCENTIVES ACCOMPANIED BY PROJECT & MONITORING & EVALUATION TOOLS)
The data input and hub device can inform policies and incentive programmes for industrial and trade development facilitation in the continent. Develop a project monitoring and evaluation tool with strategic objectives, targets, indicators, activities, baselines, outcomes, outputs and impacts for trade and industrial development<br>
Institutional fabric Classification Working Groups International Organizations Scientific Committees The Academia/Think Tanks Governance NSOs CUSTOMER PERSPECTIVE<br>
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ICP Prices National Accounts Detailed GDP Expenditures CPI M. & Equip. Construction Housing INTERNAL BUSINESS PROCESS<br>
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ICP Prices National Accounts Detailed GDP Expenditures CPI M. & Equip. Construction Housing Process Re-engineering for operational Operational Efficiencyand Effectiveness<br>
