This paper examines the impact of trade facilitation factors on trade flows, with a particular focus on Global Value Chains (GVCs) in the agricultural and manufacturing sectors. Using the structural gravity model of international and intra-national…
At World Trade Organization (WTO), nothing is agreed until everything is agreed and until everyone agrees at the negotiating tables, and that ‘magic’ moment has been difficult to arrive at. Some WTO Members have argued that if all Members cannot…
This article investigates whether cointegration approach can be the basis of an international trade network and whether such a network is relevant for analysis. We fit data on international-trade flows with a cointegration specification using…
Trade and sustainable development share a complex relationship. The economic benefits of trade make it easy to see how it can assist with the achievement of the economic-based SDGs. But beyond that, trade also impacts the social and environmental…
Executive Summary
Mauritius had its first three COVID-19 cases on 18 March 2020 and the island was under "sanitary" lockdown for two weeks. From 24 to 31 March, the country went under complete lockdown with only essential services being…
This chapter analyses the impact of the internet on global value chains (GVCs) in Africa. We investigate the effect of internet adoption on forward participation and backward participation of African countries in GVCs. We conduct the estimations…
This chapter evaluates the extent to which changes in tariffs and in international prices were transmitted into consumer prices in Tunisia over the period 2000– 2008. A pass-through equation is estimated using sectoral panel data at the retail…
The short article provides a review of the Economy for the year 2019-2020 and also discusses the challenges ahead
The controversy whether the “fear of floating” or the “fear of capital mobility” determines a country’s foreign reserve holdings is an ongoing research debate. This issue remains unresolved in global economic and finance studies. This study has the…
Over the years, public debt has been an important source of funding the growth and development projects for developing countries. As a result, public debt size in these countries has risen substantially over the past decades. In particular, sub-…