1. Introduction -- 2. Macroeconomic Indicators -- 3. Market Structures -- 4. Major Actors in Contemporary Markets -- 5. Demand and Supply -- 6. Economic Equilibrium -- 7. Economic Cycles -- 8. Disequilibrium and Unemployment -- 9. Disequilibrium and Inflation -- 10. Government Intervention in...

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 still highly concentrated in resource-intensive...