The author compares two types of regional trade agreements (RTA) in Latin America. First (historically) - based on Balassa scheme and leading to the customs unions, and second, going in line with open regionalism. He tests the correlation of the…
Regional trade could be a powerful engine of economic growth and sustainable job creation. However, South Africa’s exports to sub-Saharan Africa (SSA) are typically smaller and more short-lived than its exports to its traditional markets. This is…
This paper analyses the effect of green energy promotion policies in a decentralized power industry. We develop a Cournot duopolistic competition between risk-adverse operators each detaining polluting and clean technologies. We show that the…
The economies of southern Africa all face significant development challenges, not helped by the fact that many of these countries are ill-prepared for the demands of the rapidly advancing digital era. Given its heterogeneous membership and therefore…