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JOURNAL OF RESEARCH IN NATIONAL DEVELOPMENT VOLUME 1 NO 2 OCTOBER 2003

AFRICAN GROWTH AND OPPORTUNITY ACT’
A CRITICAL APPRAISAL

BY

UCHE COLLINS C. NWOGWUGWU PH.D
DEPARTMENT OF ECONOMICS ALVAN IKOKU COLLEGE OF EDUCATION OWERRI

ABSTRACT
It is argued in the paper that the Legislative Act of African growth and opportunity Act (AGOA) of the USA does not offer African countries an equitable and acceptable basis on which to build their relations with the USA into the 21st Century.
If we consider the range and breadth of the issues included in the eligibility criteria which covers virtually all spheres of the political economy of African, it is difficult to imagine that any African country can truly qualify to meet the requirements for participation unless it completely surrenders itself to the dictates of the IMF and the World Bank, subscribes to WTO and does everything to please the US foreign policy and security establishments. The argument is presented in eight sections beginning with introduction through to conclusion.

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