This book is the third volume in a forward-looking series on the future of international trade and development, and it addresses one of the most pressing questions confronting Africa today: How to convert continental integration from political…
This study examines Africa’s reliance on imported products using fivecriteria: market concentration, foreign demand, capacity for domestic substitution, market relevance, and product elasticity of substitution. Byanalyzing Africa’s imports with over…
Despite starting with comparable economic conditions in the mid-20th century, Southeast Asia (SEA) and Sub-Saharan Africa (SSA) have followed different economic trajectories. SEA has emerged as a widely recognised model of successful economic…
This study analyzes the effect of China’s import dominance on Africa’s structural transformation, measured through the Shapley decomposition approach. A pooled mean group Autoregressive Distributed Lag (PMG-ARDL) model is analyzed using panel data…
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…
This study examines the impact of infrastructural development on bilateral trade flows using a panel of 51 African countries from 2003 to 2015. An infrastructure-augmented gravity model was estimated with different indicators of infrastructural…