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 communities (…
The paper employed the augmented gravity model to determine the trade creation and trade diversion effects of economic integration. Results indicate that the income importing country was significant at the 1% level, while the exporting one was…
Although currently limited, services trade holds great potential for Bangladesh, as services already make a major contribution to GDP and employment. Services represent an important alternative (in the longer term) or complement (in the shorter term…
This paper aims to investigate Thailand’s export potentials in the ASEAN+6 countries, due to a “full liberalization and accessibility scenario” within the Regional Comprehensive Economic Partnership (RCEP). The methodology used is that of “filtering…
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…