The global financial crisis and the subsequent uneven recovery have underscored the need for Africa's resilience to … African Community (EAC) and the Southern Africa Customs Union (SACU) - suggests that deeper intra-regional, and in particular … intra-industry, trade ties have contributed to the EAC's resilience to external output shocks. More broadly, intra …

This paper examines the linkages between the trade of goods and financial assets. Do both flows behave as complements … macroeconomics, the empirical evidence has remained relatively scarce so far, in particular for the Euro area where trade and … from 2002-2012, to test the so-called trade-finance nexus. Since theoretical models stress that both flows might be …

We develop a new general equilibrium model of trade with heterogeneous firms, variable demand elasticities and … endogenously determined wages. Trade integration favors wage convergence, intensifies competition, and forces the least efficient …, our model is well suited to study the impacts of trade integration on aggregate productivity and factor prices. Using …

Two large but separate bodies of literature analyze the economic effects of international trade and immigration. Given … that several factors are important determinants of both trade and migration flows, the previous studies are vulnerable to a … potentially serious omitted-variables bias, questioning the validity of existing estimates of the effects of trade and immigration …

The slave trades out of Africa represent one of the most significant forced migration experiences in history. In this … paper I illustrate their long-term consequences. I first consider the influence of the slave trade on the "sending …" countries in Africa, with attention to their economic, institutional, demographic, and social implications. Next I evaluate the …

estimators and applying a battery of robustness checks. Industrialization in Africa is driven by historical legacies such as … and adoption of digital technologies are found to have an ambiguous relationship with industrialisation in Africa. The … the negative consequences of adverse geography, improve trade facilitation to exploit learning-by-exporting from intra …

its size and welfare impact, and b) examines the impact of international migration as well as the migration-trade …-South migration raises bloc size and welfare; iv) South-South migration and trade are complements under market access negotiations and … membership in the bloc. -- Small states ; regional cooperation ; South-South migration ; South-North migration ; trade …