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…
The growing importance of trade in services in the international economy motivates the study of different factors that may influence the development of this sector. This paper seeks to contribute to the scarce research on access to financing for the…
We examine the financial risk management of the climate crisis from three perspectives. First, we assess the serious risks from climate change. The ecological and financial consequences of climate change depend on the future path of emissions, as…
This article is an empirical attempt to explore the relationship between sanctions (financial and non-financial), oil price shocks and Iran-Russian bilateral trade flows over the period 1991–2014. In contrast to earlier studies in which a gravity…