The emergence of a “second wave” of developing-country multinational enterprises (MNEs) in a variety of industries is one of the characterizing features of globalisation. These new MNEs did not delay their internationalisation until they were large, as did most of their predecessors, and...

It is relatively easy to assess the progress, achievements, and possible future direction of an existing regional integration pact. However, evaluating the prospects for a successful revival of the East African Community (EAC), a regional integration scheme that collapsed in 1977, is arguably a...

WTO membership and closer integration with the European Union in the context of the Euro-Mediterranean Partnership are reinforcing pressures on MEDA countries to improve their competitive position. Privatisation, regulatory reform, and the creation of independent regulatory agencies in telecoms...

Large Western corporations have long invested overseas to penetrate markets, seek resources, and increase efficiency. After the explosion of inward FDI to the South in the 1990s, it is now the turn of the largest companies from emerging and transition economies, including the so-called BRICs, to...

This Technical Paper analyses the main policy issues raised by regulatory reform in air transport in sub–Saharan Africa. Its basic premise is that improving air infrastructure is of paramount importance for the region as it tries to integrate more thoroughly into the world economy. On the...

• En renforçant la confiance, l’intégration régionale en Afrique subsaharienne devient un instrument de promotion de l’investissement privé. Atteindre ces objectifs politiques exige des priorités claires et faciles à suivre. • Une harmonisation régionale des politiques, des...

La forte demande d’énergie et de minerais par la Chine et l’Inde a poussé à la hausse les prix internationaux des matières premières, ainsi que le volume et la valeur des exportations africaines.

La tendance de long terme au recul de l’instabilité politique s’est confirmée en 2006 avec la diminution des conflits armés, qui restent pourtant fréquents. Plusieurs pays africains ont organisé des élections pluralistes et les progrès vers la démocratie participative sont...

Grâce au progrès technologique et aux nouvelles pratiques d’organisation, les producteurs des pays en développement participent de plus en plus aux échanges internationaux d’une large gamme de biens et de services. Pourtant, les entreprises des pays industriels décident souvent de...

The long-term decline in political instability continued in 2006 and armed conflicts, though still widespread, have diminished. Multiparty elections have taken place in several African countries and progress towards participative democracy is encouraging. Progress in economic governance is still...