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This paper argues that SSA has derived a minimal growth benefit from trade because of what it exports and that the detrimental effect of primary commodity export dependence on SSA growth can be captured by two structural variables, natural barriers to trade (NBT, trade costs) and natural...
Persistent link: https://www.econbiz.de/10010545659
Persistent link: https://www.econbiz.de/10005001344
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The principal aim of this paper is to identify, in the context of the relationship between openness and growth, factors that can account for the poor growth performance of sub-Saharan African (SSA) countries. Including inequality as a broad measure of policy distortions, attention focuses on...
Persistent link: https://www.econbiz.de/10005465048