Most trade-led growth strategies focus on exports. This article argues that they should not overlook imports for two … main reasons. First, imports are an important determinant of export performance. Therefore, the success of an export … productivity and indirectly by increasing export performance, making them a key component of a trade-led growth strategy. This …

sector development acts as a shock-absorber in poor countries, dampening the transmission of terms of trade shocks to growth …-whether financial intermediation is performed through banks or markets-for macroeconomic volatility, against the backdrop of increased … frequent terms of trade shocks, the paper focuses on a sample of 38 LICs over the period 1978-2012 and finds that banking …

confirms that using openness and imports indexes to proxy for trade yields more robust results compared to the use of export … growth. Except for the use of exports to measure trade openness, using openness index and imports to proxy for trade openness … approach to investigate whether trade openness has spurred economic growth in Uganda. The extant literature shows that trade …

finds it more difficult to grow because its terms of trade shift against it. When this model is estimated on data for 1965 … Africa, these terms of trade effects would have lowered its growth rate by almost 1 percentage point per year. The results …

This paper assesses how regional trade agreements (RTAs) impact growth volatility on a worldwide sample of 170 … countries with data spanning the period 1978-2012.Notwithstanding concerns that trade openness through RTAs can heighten … benefits outweigh the costs as RTAs are consistently associated with lower growth volatility, after controlling for trade …

its implications for development. Drawing on extensive research, including field work in Africa and interviews with key … formulated, particularly with regard the production and international trade in cultural goods. The paper tackles two widespread … necessary conditions for an IRP development in Africa …

the interplay between extractives and economic development. Just as 'the resource curse' fails as a generic explanation on … to diversify, options for pacing development, and appropriate performance measures. …

consistent with a neo-Schumpeterian view of trade and regulation. Close to the technology frontier, import competition has a … the trade literature to within-firm productivity growth. …

Various development objectives are worthy, but to my mind, one objective dominates all others: reducing the scourge of …