The main idea of this paper is that the China (Shanghai) Pilot Free Trade Zone should proactively align with international high - standard investment facilitation rules (especially the WTO Agreement on Investment Facilitation, the Comprehensive and…
Recent research on international trade suggests that economic development and growth occur as countries gain knowledge and learn to produce and export more sophisticated products. This study examines the effect of trade facilitation on economic…
When we proxy trade finance by the sum of trade finance loans and export-adjusted notes receivable, elasticity estimates range between 0.18-0.31 depending on the sample of exporters. These estimates are comparable to single and multi-instrument…
This paper examines the impact of trade facilitation factors on trade flows, with a particular focus on Global Value Chains (GVCs) in the agricultural and manufacturing sectors. Using the structural gravity model of international and intra-national…
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…
In January 2018, the 10th African Union (AU) Summit of African Heads of States and Governments was held in Kigali. At this occasion, 44 countries had signed the African Continental Free Trade Area (AfCFTA) agreement. In this study, it is pointed out…
Trade and sustainable development share a complex relationship. The economic benefits of trade make it easy to see how it can assist with the achievement of the economic-based SDGs. But beyond that, trade also impacts the social and environmental…
Nigeria’s recent announcement confirming that it is closing its borders to prevent movement of all goods has been met with harsh criticism from neighbors and regional integration advocates. The Buhari administration has justified the decision as a…
The growing importance of trade in services in the international economy motivates the study of different factors that may influence the development of this sector. This paper seeks to contribute to the scarce research on access to financing for the…