This chapter provides a comprehensive review of classical and modern theories of international trade, contextualized within the African experience. It begins with foundational theories such as mercantilism, absolute cost advantage, comparative cost…
The need to re-engineer growth in Africa has become increasingly glaring in the face of the prevailing economic shocks that exposed their inadequate productivity power for basic and vital food and drugs. According to the World Bank and several other…
This paper, presented at the 2nd SADC Community Law Seminar, critically examines the role of the Southern African Development Community (SADC) legal infrastructure in promoting women’s economic empowerment as a pathway to regional trade and…
This policy paper explores the crucial intersection of e-commerce and financial architecture in the context of trade in services in Lesotho. According to the World Bank, the services sector accounted for 49.17% of Lesotho's GDP in 2021, followed by…
This policy brief, presented at a research seminar organized by the National University of Lesotho – WTO Research Chair, explores the role of international trade in services, with a particular focus on e-commerce and its implications for the Lesotho…
International trade remains one of the key indicators of economic welfare of any economy. It directly increases foreign exchange earnings, meets consumer demand for foreign goods and increases production. Indirectly, it potentially increases…
In contemporary conditions of transformation of the world economic system and exacerbation of relations between the States, a problem of Russia’s foreign economic policy development does emerge. The geopolitical situation is becoming one of the key…
In the book, the regulation of international economic relations is examined on the basis of an interdisciplinary approach, i.e. not only from legal, but also political and economic perspectives. The book explores the basic principles of…
Trade facilitation is one of the key trends in the international trading system development. Respective World Trade Organization (WTO) agreement – Trade Facilitation Agreement (TFA) is one of really few tangible achievements during Doha round of…
A descriptive analysis of foreign trade statistics of developing countries shows that among the customs unions (CU) member states, the majority are primarily exporters of commodities (their share in exports is above 50%), while countries whose…