This study empirically examines the causal relationship between trade openness and economic prosperity in South Africa with quarterly data from 1970 to 2017. The analysis is disaggregated into pre-1994 and post-1994 to capture the economic situation…
Background: One of the most compelling arguments for regional trade and integration in
Africa is that the African market is the most fragmented in the world, with only 16% of trade
being within the continent. Furthermore, with 14 regional economic…