U.S. Economist Gets up in KZN’s Business – In a Good Way!

Under the auspices of the U.S. State Department’s visiting speakers’ program, economic and trade expert Anthony Carroll addressed KZN audiences at business chambers, universities, and private-enterprise associations on the benefits of free trade and the future of U.S.-SA economic relations. Mr. Carroll is a senior associate with the Center for Strategic and International Studies (CSIS) Africa Program; he is a lawyer and business consultant with 35 years of experience working in Africa. He was instrumental in the design and passage of the Africa Growth and Opportunity Act (AGOA) and has testified before Congress on U.S.-Africa economic and political issues.

Mr. Carroll met Durban and Pietermaritzburg business leaders, youth, and civic organizations to discuss the history of AGOA, explain its structure and benefits, and offer his thoughts on how South Africa might take advantage of global value chains and encourage innovation. While acknowledging the challenges that emerging economies face, Mr. Carroll was optimistic and enthusiastic about South Africa’s potential to lead the way in provision of goods and services – both in the region and across the continent.

“I have seen the changes that have taken place since I first came here in the 1970s,” he told an audience of 130 students at Mangosuthu University of Technology, the final stop on his KZN tour, “and I believe South Africa has what it takes to lead the rest of Africa forward.”