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This paper investigates the contribution of financial development for African countries' participation in global value chains (GVCs). It relies on a review of the theoretical and empirical literature that can shed light on the mechanisms whereby financial development affects value-added trade. A...
Persistent link: https://www.econbiz.de/10012262681
This paper studies the relationship between Asia’s economic engagements in Africa and individual African nations …’ participation in global value chains (GVC) over the past two decades. We find that while overall exports from Africa to Asia are …, in contrast to the common view that China has become the dominant trade partner of most African nations. Using a panel …
Persistent link: https://www.econbiz.de/10012233620
How will the COVID-19 pandemic affect prospects for foreign investment and development in Africa? In part this depends …IR). It will also depend on the nature of revisions to political settlements in Africa arising from the pandemic. This …
Persistent link: https://www.econbiz.de/10014093771
Existing literature on economic growth and structural change relies on trade data to make pronouncements about a country's competitiveness and long-term growth prospects through the acquisition of capabilities. However, insufficient data give us a limited view of what is happening within the...
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In diesem Artikel diskutieren wir die Notwendigkeit von Industriepolitik und die Rolle der Entwicklungsbanken für wirtschaftliche Entwicklung. Der Aufholprozess der Länder des globalen Südens auf das Produktivitätsniveau und den Lebensstandard des globalen Nordens ist die Ausnahme. Dafür...
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