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…
There is broad consensus that job creation and productive employment are key to building a vibrant, inclusive economy. The digital era holds potential to expand employment opportunities, especially in Africa, where unemployment is high and economic…
Africa’s digital future makes an important and timely contribution to the literature on Africa, exploring the many opportunities and challenges that the continent faces in a world characterised by accelerating technological change. Edited by Prof…
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-…