This article explores the policy foundations behind regional trade in sub-Saharan Africa with particular focus on West Africa and its application in practice. It criticizes the relevance of the Economic Community of West African states (ECOWAS) and questions its effect on the primacy of the...

Regional integration is the strategy adopted at the continental level to strengthen Africa’s development. However, the different regional blocs already established on the continent face many challenges. Based on the economic integration of the ECOWAS (Economic Community of West African States)...

Constructing fully traceable scenarios based on assumptions grounded in the literature, we are also able to isolate the relative impact of key economic drivers. We find that the stakes for developing countries are particularly high: The emergence of new players in the world economy,...

The geography and composition of international trade are changing fast. We link a macroeconomic growth model and sectoral CGE framework in order to project the world economy forward to the year 2035 and assess to what extent current trends in trade are expected to continue. Constructing fully...

The global financial crisis so far has taught stakeholders some lessons. One lesson is that it has provided substantial evidence in favour of the view that ‘self-regulation' or the ‘invisible hand' cannot be relied upon to ensure financial stability. In view of this, the task of...