protectionist import substitution policies but as these failed developing countries have opened up to trade and FDI and tried to … follow strategies of export driven industrialization. If we consider the share of non-OECD countries in global trade in … Africa. In this paper we present a two region product life cycle model of global specialization and trade. In it we analyse …

regressions, we find robust associations with inflation as well as financial sector development in the short and long-run, trade …/GDP in the long-run. The GMM results point only to inflation and trade as significant drivers in the long-run and investment … inflation and high trade openness take on a more critical role than government spending. Our results suggest that rudiments of …

to diversify export portfolios through exporting to Asia. Each African nation has a distinct main trade partner in Asia …, in contrast to the common view that China has become the dominant trade partner of most African nations. Using a panel … with exports to the rest of the world, suggesting that in contrast to trade diversion, trade with Asia complements exports …