16
AFRICA
’
S
SILK ROAD:
CHINA
AND INDIA’
S
NEW ECONOMIC FRONTIERequal to or even greater than those of formal at-the-border policies. For example, it is estimated that a 10 percent reduction in domestic barriers to new business startups or a 10 percent improvement in domestic electric power service would increase Africa’s manufactured exports by about percent or 15 percent respectively. We now turn to examine in detail the overall impacts of these various factors on African-Asian trade and investment.
Share with your friends: