This article is underscored by the view that faced with constraints such as inadequate liquidity; the regulatory framework for public distribution of securities in many African emerging markets has had limited success in facilitating the development of competitive stock exchanges. It is argued...

This study investigates the effect of infrastructure and trade openness on the evolution of manufacturing and services sector output using panel data from 14 selected COMESA member countries over the period 1993-2016. The Pooled Mean Group, Mean Group and Dynamic Fixed Effects were used to...

Evidence indicates that trade costs are a much more substantial barrier to trade than tariffs are, especially in Sub-Saharan Africa. This paper decomposes trade costs into: (i) trade facilitation, (ii) non-tariff barriers, and (iii) the costs of business services. The paper assesses the poverty...

Evidence indicates that trade costs are a much more substantial barrier to trade than tariffs are, especially in Sub-Saharan Africa. This paper decomposes trade costs into: (i) trade facilitation, (ii) non-tariff barriers, and (iii) the costs of business services. The paper assesses the poverty...