Aid for Trade and Sustainable Development in Least-Developed African Countries

Mete Han Yăgmur*, Murat Yülek, Mahmut Sami Güngör

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review


Both neoclassical economic theory and the economics of industrial development praise the export sector due to its positive effects on industrial development. While neoclassical economic theory favors international trade because it facilitates productivity improvement, knowledge diffusion, and higher R&D investment, industrial economists stress the importance of export-led growth for its contribution to generating a more diversified industrial base. In accordance with these insights, Aid-for-Trade (AfT) promotes less-developed countries’ integration into the global economy through supporting their trade-related infrastructure investments. Against this backdrop, this chapter shows that AfT can be instrumental in facilitating industrial development and building export capacity; thereby contributing to sustainable development in least-developed African countries.

Original languageEnglish
Title of host publicationThe Palgrave Handbook of Africa's Economic Sectors
PublisherSpringer International Publishing
Number of pages20
ISBN (Electronic)9783030755560
ISBN (Print)9783030755553
Publication statusPublished - 1 Jan 2022

Bibliographical note

Publisher Copyright:
© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2022.


  • Aid for Trade
  • Export capacity
  • Industrial policy
  • Sustainable development


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