Spillover Effects of Government Subsidies On Outward Foreign Direct Investment: Evidence from China.
We examine the effect of government subsidies on outward foreign direct investment (OFDI) by Chinese listed firms. Based on a panel dataset covering Chinese listed firms from 2009 to 2021, our findings indicate that government subsidies can promote…
Digital trade is transforming global commerce, lowering transaction costs, connecting businesses across borders and expanding access to new markets. Yet, Africa's participation in this digital revolution remains disproportionately low.
The African…
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…