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: Namibia is an open economy where international trade accounts for a greater
proportion of gross domestic product (GDP). Openness of the Namibian economy for the
period 2010 to 2018 has been on average 111% of GDP. The high level of…