Purpose: The African Continental Free Trade Area (AfCFTA) represents a monumental step toward the economic integration of the African continent, aiming to create a single market for goods and services among 55 African Union member states. With an…
The objective of this paper is to analyse the socioeconomic implications of Chinese Belt and
Road Initiative (BRI) which comes in the form of enhanced infrastructure development, loans
and foreign direct investment. This has led to China becoming…
This study examines Africa’s reliance on imported products using fivecriteria: market concentration, foreign demand, capacity for domestic substitution, market relevance, and product elasticity of substitution. Byanalyzing Africa’s imports with over…
The geopolitical confrontation, including the Ukraine-Russia war and the power rivalry between the United States and China, has brought the concept of “resilient trade” to contemporary international economic law. The emphasis on economic security…
This study examines how the 2008/2009 global financial crisis (GFC) and the COVID-19 pandemic differentially impacted Kenya's export and import performance at the firm level. Utilising monthly firm-level customs data from 2006 to 2022, we decompose…
This study analyzes the effect of China’s import dominance on Africa’s structural transformation, measured through the Shapley decomposition approach. A pooled mean group Autoregressive Distributed Lag (PMG-ARDL) model is analyzed using panel data…
The Philippines was among the most infected countries in Southeast Asia at the onset of the COVID-19 outbreak. This study analyzes how the export and import trade margins (extensive and intensive) of the Philippines were affected by the lockdown…
This research paper explores the dynamic relationship between trade openness, financial development, and economic growth in Lesotho. The study utilizes quarterly time series data spanning from 1970 to 2021, obtained from the Central Bank of Lesotho…