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Africa: No African Development From Western Trade Policies

Trade liberalisation has caused Sub-Saharan Africa to lose up to US$228 billion and contributed to economic stagnation and deindustrialisation, experts say.

Summary by allAfrica
JOHANNESBURG, South Africa, Oct 7 2025 (IPS) - The World Bank's 1981 Berg Report provided the blueprint for structural adjustment, including economic liberalisation in Africa. Urging trade liberalisation, it promised growth from its supposed comparative advantage in agriculture.

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IPS broke the news in Rome, Italy on Tuesday, October 7, 2025.
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