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African countries are negotiating the African Continental Free Trade Area with the aim to spearhead global value chain (GVC) trade among African countries as a driver for robust economic growth. This paper evaluates the participation of Sub-Saharan African Regional Economic Communities (RECs) in...
Persistent link: https://www.econbiz.de/10012805618
Since the 1960s, African states have embraced regional integration as a vital mechanism for political cooperation and for pooling resources to overcome problems of small and fragmented economies. In building meaningful institutions for regionalism, however, Africans have faced the challenges of...
Persistent link: https://www.econbiz.de/10011283421
This study examines the role of globalization on terrorism in 51 African countries for the period 1996-2011. Four terrorism indicators are used, namely: domestic, transnational, unclear and total terrorism. Political, economic, social and general globalisation variables are employed and the...
Persistent link: https://www.econbiz.de/10011794973
The Washington consensus, the hitherto dominant scheme is being encroached by the Beijing model. Many African nations are increasingly embracing this Beijing approach because the dominant Western model has failed to deliver on a number of fronts. This is increasingly evident because China's...
Persistent link: https://www.econbiz.de/10013027303
The purpose of this paper is to set the issue of Chinese investment in Southeast Asia in two contexts: the changing geography of economic growth and patterns of trade and investment across the world as a whole, and the accompanying quiet revolution that has taken place in the international...
Persistent link: https://www.econbiz.de/10013067322
This article discusses Africa's deepening marginalization in the globalization of production, finance, and labor. It underscores critical development issues that result from, and are exacerbated by, globalization in the context of unequal global distribution of economic and political power:...
Persistent link: https://www.econbiz.de/10013017682
Whether maintaining a close relationship with China can benefit economic performance in the postpandemic era is a crucial concern for countries around the world. This study employs the difference-in-difference (DID) model and propensity score matching to estimate the impact of connecting people...
Persistent link: https://www.econbiz.de/10014288609
The analysis of China's impacts on the 44 SSA countries reveals that: (i) after joining the WTO in 2001, China has started to impact significantly on SSA growth: one-percent increase in China's GDP per capita leads to 0.02 percent increase on the SSA's GDP per capita; (ii) oil and...
Persistent link: https://www.econbiz.de/10012929920
This paper, written in honor of Ake Andersson, supports his view that we have now arrived at a time of logistical revolution, wherein information processing and communication capacity as well as the growth of the knowledge base are quintessential to the socioeconomic development of society. This...
Persistent link: https://www.econbiz.de/10014216913
The recent global economic crisis which originated in the global North but quickly spread to the global South has raised questions about the desirability and viability of export regimes primarily orientated towards the markets of high-income countries. The experience of crisis and contagion made...
Persistent link: https://www.econbiz.de/10013052540