Women in Lesotho face significant barriers to participating fully in trade, including limited access to finance, gender-based inequalities, and inadequate support structures. Despite these challenges, opportunities exist for women to expand their…
The African Continental Free Trade Area (AfCFTA) is a flagship project of the African Union Agenda 2063. It promises to be the largest free trade area in the world, based on the number of prospective participating countries. According to the World…
This chapter provides a comprehensive review of classical and modern theories of international trade, contextualized within the African experience. It begins with foundational theories such as mercantilism, absolute cost advantage, comparative cost…
The need to re-engineer growth in Africa has become increasingly glaring in the face of the prevailing economic shocks that exposed their inadequate productivity power for basic and vital food and drugs. According to the World Bank and several other…
This paper, presented at the 2nd SADC Community Law Seminar, critically examines the role of the Southern African Development Community (SADC) legal infrastructure in promoting women’s economic empowerment as a pathway to regional trade and…
This policy paper explores the crucial intersection of e-commerce and financial architecture in the context of trade in services in Lesotho. According to the World Bank, the services sector accounted for 49.17% of Lesotho's GDP in 2021, followed by…
This policy brief, presented at a research seminar organized by the National University of Lesotho – WTO Research Chair, explores the role of international trade in services, with a particular focus on e-commerce and its implications for the Lesotho…
International trade remains one of the key indicators of economic welfare of any economy. It directly increases foreign exchange earnings, meets consumer demand for foreign goods and increases production. Indirectly, it potentially increases…
This empirical study aims to investigate the effects of political instability on economic volatility and monetary policy conduct. The econometric methodology adopted is the Panel Auto-Regressive Distributed Lag (PARDL). The instability variable was…
About two years ago, the world was hit by a major unexpected shock: the COVID-19 pandemic. While this health and economic crisis has had, and continues to have, a severe impact on European citizens and businesses, the euro area banking sector has so…