Showing 1 - 10 of 317
Madagascar plans to start phasing out its customs tariffs on imports from the Southern African Development Community in 2007. This paper uses a CGE model to evaluate the impact of the SADC FTA on Madagascar economy. The results suggest that the SADC FTA would only have a limited impact on...
Persistent link: https://www.econbiz.de/10014400346
We estimate a gravity model to address the question of whether Africa’s bilateral trade with industrial countries is … African country tends to “overtrade” compared with developing countries in other regions, although the degree to which Africa …
Persistent link: https://www.econbiz.de/10014400668
This paper describes the United States recently enacted Africa Growth and Opportunity Act (AGOA) and assesses its … quantitative impact on African exports. The AGOA expands the scope of preferential access of Africa''s exports to the United States …
Persistent link: https://www.econbiz.de/10014399562
the gravity model and focusing on two samples, the world and Africa. Our empirical findings suggest that, in principle …, membership in a currency union should benefit Africa as much as it does the rest of the world. In addition, we find evidence from …
Persistent link: https://www.econbiz.de/10014400074
What role does China play in Africa''s development? What drives China''s increasing economic involvement in the … government policies, markets for each other''s exports, Africa''s demand for infrastructure, and differences in China''s approach … to financing have together moved commercial activities-trade and investment-to the center of China-Africa economic …
Persistent link: https://www.econbiz.de/10014400123
The local sourcing of intermediate products is one the main channels for foreign direct investment (FDI) spillovers. This paper investigates whether and how participation and positioning in the global value chains (GVCs) of host countries is associated to local sourcing by foreign investors....
Persistent link: https://www.econbiz.de/10012112331
Over the last two decades, world trade and production have become increasingly organized around global value chains (GVC). Recent theoretical work has shown that countries can benefit from participation in GVCs through multiple channels. However, little is known empirically about the economic...
Persistent link: https://www.econbiz.de/10012001583
Economic adjustment and reform programs, including those supported by international financial institutions (IFIs), must cope with informational asymmetries and special interest politics. This presents a particularly serious issue when IFIs make structural economic reforms a condition for...
Persistent link: https://www.econbiz.de/10014400737
This paper explores the connection between interest rates in major industrial countries and annual real output growth in other countries. The results show that high large-country interest rates have a contractionary effect on annual real GDP growth in the domestic economy, but that this effect...
Persistent link: https://www.econbiz.de/10014399990
declined over the same period. In short, the recent era of globalization has witnessed the emergence of regional business …
Persistent link: https://www.econbiz.de/10014395417