This paper empirically analyses the long-run relationship among the variables in the aggregate import demand functions of Madagascar and Mauritius in order to evaluate the appropriateness and effectiveness of the structural adjustment programmes (SAPs). Given the small sample size, we use the...

This paper empirically analyzes the business cycle transmission between the two African countries and their largest economic partners. The empirical results show that business cycles in France, the United Kingdom, and the United States induce the economic fluctuations in Madagascar and...

This paper empirically analyses the long-run relationship among the variables in the aggregate import demand functions of Madagascar and Mauritius in order to evaluate the appropriateness and effectiveness of the structural adjustment programmes (SAPs). Given the small sample size, we use the...

This book offers insight into international trade and foreign direct investment competitiveness in Africa. It examines two policies frequently used to enhance international competitiveness in Sub-Saharan African economies: exchange rate policy and productivity-related policy.