The sub-prime crisis began in mid-2007 as a bursting of the US housing market bubble and became a truly global meltdown in 2008. Renewed instability in financial markets precipitated awareness of how policy makers must react to systemic failures. This paper discusses the primary policy issues...

This study aims at examining the role of the international trade and financial integration behind the impressive economic growth rates of the BRIC economies. It employs a Barro-type growth model encompassing several robust correlates of economic growth and alternative measures of international...

Using threshold cointegration and error-correction model, this paper has investigated the channels through which Africa (proxied by South Africa) can boost its economic growth via its trade with East Asia (represented by China). The results support threshold cointegration and non-linear...