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Free trade agreements: Challenges and opportunities to Mali's economy
(İstanbul Gelişim Üniversitesi Lisansüstü Eğitim Enstitüsü, 2022) Bathily, Ibrahim
This research analyzes the effectiveness of Free Trade Agreements (FTAs) in Mali and the various opportunities unlocks for its economy. It takes an institutional thinking face of view in explaining the opportunities and effects of non-tariff barriers and how Free Trade Agreements can address these barriers to attract foreign investors. For almost every business, they can bring substantial benefits through duty reductions and offer strategic competitive advantages. The aim of this research was to determine the impact of FTAs on the economic growth of Mali. Yearly data was utilized and ranging from 1967 to 2020 which was regressed through the OLS method. The first Sub-set sample (1967-1990) indicated that FTA's had little siginificant impact on the economic growth, whilst after signing different FTAs, the impact of FTAs increased significantly where all variables could positively improve the economic growth of Mali in the second sub-set sample (1990-2020). The study concluded that Mali should gear its policies towards improving trade openness.