The Generalized System of Preferences (GSP) was established to promote the exports of developing economies to industrialized economies through non reciprocal trade preferences. This chapter investigates the effect of the GSP on
making trade work for…
This research paper explores the dynamic relationship between trade openness, financial development, and economic growth in Lesotho. The study utilizes quarterly time series data spanning from 1970 to 2021, obtained from the Central Bank of Lesotho…
Government subsidies have been used as a policy tool by many countries. Given the importance of government subsidies in the context of Chinese economy and state-owned enterprises (SOEs), this study seeks to understand the role played by government…
Rising geopolitical and geoeconomic tensions among major trade powers are undermining the rules-based multilateral trade order. China, the EU, and the US – the three WTO members with the largest global trade shares – play a critical role in keeping…
Le financement de la transition écologique en Afrique francophone: le rôle de la politique monétaire
The COVID-19 pandemic and the slowdown in the global economy are hitting hard many African countries, especially those already struggling with the negative effects of climate change. In this context, transitioning towards a more ecologically…