The present study attempts to address the important question of whether foreign direct investment (FDI) flowing into the tourism sector has served to enhance economic growth in Mauritius for the period 1984–2014. Using a dynamic vector error…
The last three decades have witnessed a proliferation of regional initiatives which have come about in view of the slow progress achieved at the level of the World Trade Organization (WTO), particularly after the debacle of the Doha Round. The…
In the wake of the impasse in the Doha Development Round (DDR) of multilateral trade talks, a number of countries have been looking at alternative ways to advance their trade agendas – one of which involves the negotiation of plurilateral trade…
Portfolio investors during 1880–1914 were motivated by the prospect of higher (ex-ante) expected returns and the search for diversification. At the London stock exchange, such overseas portfolios also realised higher (ex-post) returns than domestic…
In the wake of the impasse in the Doha Development Round of multilateral trade talks, sector-specific plurilateral trade agreements (PTAs) have been gaining traction. However, PTAs mostly appeal to developed countries, with the uptake among…
In recent years, African countries have been giving greater priority to building their industrial capacity, placing particular emphasis on manufacturing in order to reduce their dependency on commodity trade. However, most African countries face…