Publication:
Implementing the ECOWAS Common External Tariff : Challenges and Opportunities for Nigeria

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dc.contributor.authorvon Uexkull, Erik
dc.contributor.authorShui, Lulu
dc.date.accessioned2014-07-21T15:37:29Z
dc.date.available2014-07-21T15:37:29Z
dc.date.issued2014-06
dc.description.abstractThe common external tariff (CET) for Economic Community of West African States (ECOWAS) was adopted at a Heads of State Summit in October 2013 in Dakar. This paper assesses the potential impact on Nigeria of implementing the new ECOWAS CET. It uses the World Bank's tariff reform impact simulation tool (TRIST) to simulate three scenarios: (i) keeping in place current import bans and levies which are charged in addition to tariffs, while implementing the CET tariff rate on non-banned products, (ii) removing the import bans and implementing the CET rate on all products, but keeping the additional import levies in place, and (iii) fully implementing the CET on all products and completely removing import bans and levies. The paper suggests that implementing the CET will have significant and largely positive effects on Nigerian consumers and producers. This note is intended to enrich the debate by presenting projections on the likely effects of CET implementation. To the extent possible with the limited available data, it gives a comprehensive overview of the effects to be expected on government revenue, the welfare of consumers, and the performance of Nigerian firms. It also discusses new opportunities for Nigerian firms to benefit from the regional market that are likely to arise if the CET is implemented. The note is organized as follows: section one gives introduction. Section two describes Nigeria's current trade profile with a particular focus on trade with the ECOWAS region. Section three makes use of the World Bank's TRIST to analyze the impact of implementing the CET in Nigeria in terms of changes in the level of protection by industry, government revenue from taxes levied at the border, consumer welfare, and the competitiveness of Nigerian firms. Section four shifts the focus beyond Nigeria's borders to look at the regional market within ECOWAS.en
dc.identifierhttp://documents.worldbank.org/curated/en/2014/06/19732830/implementing-ecowas-common-external-tariff-challenges-opportunities-nigeria
dc.identifier.doi10.1596/18935
dc.identifier.urihttps://hdl.handle.net/10986/18935
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesAfrica Trade Practice Working Paper Series;No. 5
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTING
dc.subjectAD VALOREM
dc.subjectADJUSTMENT ASSISTANCE
dc.subjectAGRICULTURAL PRODUCTS
dc.subjectAGRICULTURAL SECTOR
dc.subjectAPPAREL
dc.subjectAPPAREL INDUSTRIES
dc.subjectAPPLICATION OF STANDARDS
dc.subjectAVERAGE TARIFF
dc.subjectBARRIERS TO TRADE
dc.subjectBORDER TRADE
dc.subjectCAPITAL GOODS
dc.subjectCASE-BY-CASE BASIS
dc.subjectCOLLECTED TARIFF
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOMPETITIVENESS
dc.subjectCROSS-BORDER TRADE
dc.subjectCROSS-BORDER TRANSACTIONS
dc.subjectCUSTOMS
dc.subjectCUSTOMS ADMINISTRATION
dc.subjectCUSTOMS CLEARANCE
dc.subjectCUSTOMS DUTIES
dc.subjectCUSTOMS MODERNIZATION
dc.subjectCUSTOMS REGIME
dc.subjectCUSTOMS UNION
dc.subjectCUSTOMS UNIONS
dc.subjectDEMAND ELASTICITY
dc.subjectDOMESTIC MARKET
dc.subjectDOMESTIC PRICE
dc.subjectDOMESTIC PRICES
dc.subjectDOMESTIC PRODUCERS
dc.subjectDOMESTIC PRODUCTION
dc.subjectEQUILIBRIUM
dc.subjectEQUIPMENT
dc.subjectEXPORT MARKET
dc.subjectEXPORT OPPORTUNITIES
dc.subjectEXPORT PERFORMANCE
dc.subjectEXPORTER
dc.subjectEXPORTERS
dc.subjectEXPORTS
dc.subjectEXTERNAL TARIFF
dc.subjectFOOD INDUSTRY
dc.subjectFOREIGN CAPITAL
dc.subjectFOREIGN COMPETITION
dc.subjectFOREIGN MARKETS
dc.subjectFREE ACCESS
dc.subjectFREE TRADE
dc.subjectFREE TRADE AREA
dc.subjectFREE TREATMENT
dc.subjectGDP
dc.subjectGLOBAL MARKET
dc.subjectGLOBAL MARKETS
dc.subjectGLOBAL TRADE
dc.subjectGOVERNMENT REVENUE
dc.subjectHIGH DUTIES
dc.subjectHIGH TRADE BARRIERS
dc.subjectHOME MARKET
dc.subjectHUMAN RESOURCE
dc.subjectIMPACT OF TRADE
dc.subjectIMPORT BANS
dc.subjectIMPORT DATA
dc.subjectIMPORT LICENSES
dc.subjectIMPORT PROHIBITION
dc.subjectIMPORT PROHIBITIONS
dc.subjectIMPORT TARIFF
dc.subjectIMPORT TARIFFS
dc.subjectIMPORTED PRODUCTS
dc.subjectIMPORTING COUNTRY
dc.subjectIMPORTS
dc.subjectINCOME LEVELS
dc.subjectINDUSTRIAL PRODUCTS
dc.subjectINEFFICIENCY
dc.subjectINEQUALITY
dc.subjectINSTRUMENT
dc.subjectINTERMEDIATE INPUTS
dc.subjectINTERNATIONAL COMPETITION
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectINTERNATIONAL TRADE
dc.subjectLABOR MARKET
dc.subjectLEVIES
dc.subjectLEVY
dc.subjectLIVING STANDARD
dc.subjectMICRO ENTERPRISES
dc.subjectMONETARY FUND
dc.subjectNON-TARIFF BARRIERS
dc.subjectPOLICY PRIORITIES
dc.subjectPOLICY RESEARCH
dc.subjectPOLITICAL ECONOMY
dc.subjectPOSITIVE EFFECTS
dc.subjectPREFERENTIAL MARGIN
dc.subjectPREFERENTIAL MARKET ACCESS
dc.subjectPRICE CHANGES
dc.subjectPRICE INCREASES
dc.subjectPRICE LEVELS
dc.subjectPRODUCTIVITY
dc.subjectPRODUCTIVITY GROWTH
dc.subjectPROFIT MARGIN
dc.subjectPROFIT MARGINS
dc.subjectPROFITABILITY
dc.subjectPROTECTIVE MEASURES
dc.subjectREAL INCOME
dc.subjectREGIONAL INTEGRATION
dc.subjectREGIONAL TRADE
dc.subjectREGIONALISM
dc.subjectREMEDIAL MEASURES
dc.subjectRULES OF ORIGIN
dc.subjectSTRUCTURAL CHANGE
dc.subjectTARIFF BARRIERS
dc.subjectTARIFF CHANGES
dc.subjectTARIFF EXEMPTIONS
dc.subjectTARIFF LEVELS
dc.subjectTARIFF PROTECTION
dc.subjectTARIFF RATE
dc.subjectTARIFF RATES
dc.subjectTARIFF REFORM
dc.subjectTARIFF REVENUE
dc.subjectTARIFF REVENUES
dc.subjectTARIFF STRUCTURE
dc.subjectTARIFF TREATMENT
dc.subjectTAX
dc.subjectTAX REVENUES
dc.subjectTERMS OF TRADE
dc.subjectTEXTILE INDUSTRY
dc.subjectTOTAL REVENUE
dc.subjectTRADE BARRIERS
dc.subjectTRADE CHANNELS
dc.subjectTRADE DATA
dc.subjectTRADE FACILITATION
dc.subjectTRADE FLOWS
dc.subjectTRADE INTEGRATION
dc.subjectTRADE LIBERALIZATION
dc.subjectTRADE MODEL
dc.subjectTRADE OPENNESS
dc.subjectTRADE POLICY
dc.subjectTRADE POLICY REFORM
dc.subjectTRADE REFORMS
dc.subjectTRADE REGIME
dc.subjectTRADE REGULATIONS
dc.subjectTRADE RELATIONSHIPS
dc.subjectTRADE TAXES
dc.subjectTRADING
dc.subjectVALUE OF EXPORTS
dc.subjectWAGES
dc.subjectWELFARE OF CONSUMERS
dc.subjectWORLD MARKET
dc.subjectZERO TARIFFS
dc.titleImplementing the ECOWAS Common External Tariff : Challenges and Opportunities for Nigeriaen
dspace.entity.typePublication
okr.date.disclosure2014-06-27
okr.date.doiregistration2025-05-05T12:00:32.830559Z
okr.doctypePublications & Research::Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/2014/06/19732830/implementing-ecowas-common-external-tariff-challenges-opportunities-nigeria
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.globalpracticeTrade and Competitiveness
okr.globalpracticeTrade and Competitiveness
okr.guid456741468298475824
okr.identifier.externaldocumentum000442464_20140627090155
okr.identifier.internaldocumentum19732830
okr.identifier.report88843
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/06/27/000442464_20140627090155/Rendered/PDF/888430REPLACEM0Box385245B00PUBLIC0.pdfen
okr.region.administrativeAfrica
okr.region.countryNigeria
okr.topicLaw and Development::Trade Law
okr.topicInternational Economics and Trade::Trade Policy
okr.topicEconomic Theory and Research
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicInternational Economics and Trade::Free Trade
okr.topicMacroeconomics and Economic Growth
okr.unitAFT: PREM 3 (AFTP3)
okr.volume1 of 1
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