This study empirically examines the causal relationship between trade openness and economic prosperity in South Africa with quarterly data from 1970 to 2017. The analysis is disaggregated into pre-1994 and post-1994 to capture the economic situation…
In Africa’s efforts to achieve economic growth and enhance integration, the focus on intra-regional trade has intensified, fuelled by geographical proximity, and interconnected market dynamics. However, significant obstacles remain, one of which…
Orientation: Agriculture is key to South Africa’s economy, but exports face high transport costs, logistical bottlenecks, and infrastructure constraints, limiting competitiveness.
Research purpose: To examine how transport costs and logistical…
Advances in information and communication technology (ICT) have reduced trade costs providing enterprises greater opportunity to access international markets. Using the World Bank's enterprise survey data covering more than 180 000 enterprises from…
According to the World Trade Organization (WTO, 2021), international trade—including the production and transportation of manufactured goods—accounts for 20 to 30 percent of global greenhouse gas (GHG) emissions. This study examines the relationship…
In recent years, the debate surrounding free trade versus protectionism has intensified, particularly as industrialized countries face increasing competition from emerging economies. This argument is of particular importance to Pakistan which faces…
The Lahore School of Economics macro model estimates that Pakistan's GDP growth for FY 2023-2024 is projected at 1.68%, reflecting ongoing weaknesses in sectoral performance, particularly in large-scale manufacturing, which barely broke even after a…