Background Globalisation has brought significant benefits to countries’ industrialisation, but its impact has not been uniform. Policymakers in developing countries have increasingly focused on sound institutions’ role in offsetting the potential…
Since 1994, South Africa has grappled with persistent poverty and inequality. In an effort to eradicate these social issues, the South African democratic government has implemented several policies. However, there has been little success. The advent…
This study explores the impact of trade policies on small and medium-sized enterprises (SMEs) in Windhoek, Namibia. Despite SMEs’ critical role in Namibia's economy, contributing significantly to employment and GDP, their high failure rates remain…
Climate change manifests itself in rising temperatures across the continent and affects the El Niño–Southern Oscillation (ENSO) by changing sea surface temperatures and atmospheric circulation. This affects precipitation and temperature patterns,…
Climate variability significantly impacts agricultural productivity, rendering risk management tools essential for stabilisation of yields and financial returns. The study aimed to evaluate the effectiveness of weather derivatives as a risk…
This paper explores the characteristics and trends of services trade from the perspective of domestic value added (DVA) and examines the impact of digital trade rules on it using bilateral sector‐level panel data among 64 economies from 1996 to 2018…
Many African countries continue to face economic challenges even though the continent has much potential for economic progress. Entrepreneurship and ICT are one of the key forces behind economic change. However, little is known about how…
The global economy has experienced numerous economic crises over the past two decades, from the global financial crisis to the COVID-19 pandemic, and the Russian-Ukraine war. These crises have had a severe impact on economies that have less…
The global digital economy is witnessing the transformative impact of Artificial intelligence (AI), prompting nations to engage in AI-driven trade agreements. Under the digital trade context, these agreements aim to promote and regulate AI…
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…