Using panel data regressions, this paper analyzes the effect of imperfections in the formal export credit and insurance market on trade growth in the regions of Africa and Asia. An exclusive comparison of trade performance of the two regions with respect to export credit and insurance is novel...

This paper explores whether one of the most important U.S. policies towards Africa of the past few decades achieved its desired result. In 2000, the United States dropped trade restrictions on a broad list of products through the African Growth and Opportunity Act (AGOA). Since the Act was...

Introduction -- Nixon and Kissinger -- China reforms from 1978 to 1990 -- China from 1990 forward -- China's currency manipulation -- US foreign direct investment (FDI) -- European foreign direct investment -- China foreign direct investment in the United States -- China foreign direct...

Six years after enactment, the African Growth and Opportunity Act (AGOA) remains the cornerstone of U.S. economic policy toward sub-Saharan Africa. Has AGOA fulfilled its promise to serve as a catalyst for African economic development? The author examines the legislative history that led to...