The purpose of this study is to investigate the extent to which industrialization strategies and policies in Southern Africa, in particular the Common Market for Eastern and Southern Africa (COMESA) industrialization policy and the Southern African…
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…
This article is published in Statéco n° 113/2019. On the basis of a monthly data relating to trade flows, nominal exchange rates and other economic variables and a VAR model framework, some impulse-response functions (IRFs) are estimated for three…
This article is published in the Journal of the Knowledge Economy. The literature presents conflicting expectations about the effect of globalization on democracy. One view expects globalization to enhance democracy, a second argues that…
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: 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…