International economic theory states that a country should specialize in the production of goods and services that it can produce at a lower relative opportunity cost and import those goods and services that it can produce at a higher relative…
BACKGROUND: Exporting poses a challenge to the achievement of inclusive growth because there is a discernible wage inequality between exporting and non-exporting firms. The literature shows that exporting firms pay a wage premium relative to non-…
A casual look at Europe’s and Africa’s experiences of integration suggests that they share certain similarities. They have also adopted a number of similar institutions and policy frameworks, and both regions have set for themselves the ambitious…
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…
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…
TRADE-SA-Tunisia export opportunities project- Report back on 1st workshop.
With South Africa and Tunisia being located at opposite ends of the African continent and their main export markets being in Europe and other major trading regions, one…
WTO Chairholder Prof.Wilma Viviers from North-West University and her colleagues write an opinion piece in the World Trade Report of 2019 titled "MSMES and services trade: A pathway to inclusive growth in developing economies?".
Introduction:
There…
On the 29 March 2017 the former British PM Theresa May invoked Article 50 and officially began the process of the United Kingdom’s withdrawal from the European Union, also popularly known as ‘Brexit’. There have been very many analyses about the…