This study examines the impact of infrastructural development on bilateral trade flows using a panel of 51 African countries from 2003 to 2015. An infrastructure-augmented gravity model was estimated with different indicators of infrastructural…
In January 2018, the 10th African Union (AU) Summit of African Heads of States and Governments was held in Kigali. At this occasion, 44 countries had signed the African Continental Free Trade Area (AfCFTA) agreement. In this study, it is pointed out…
Nigeria’s recent announcement confirming that it is closing its borders to prevent movement of all goods has been met with harsh criticism from neighbors and regional integration advocates. The Buhari administration has justified the decision as a…
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…
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-…
This paper employs the WITS-SMART simulation model to examine the welfare effects of economic integration in the TFTA region. The results indicate that welfare gains are skewed, and some countries and economic sectors are poised to gain more than…
On the 29 March 2017 the former British PM Theresa May invoked Article 50 and officially began the process of the United Kingdom’s withdrawal from the European Union, also popularly known as ‘Brexit’. There have been very many analyses about the…